Brexit Deal: Impact on EU-UK and Free Trade Agreement

Individual Report

Table of Contents
Introduction..........................................................................................................................................2
Main Body...........................................................................................................................................2
Free Trade Agreement of EU-UK Deal...........................................................................................2
Prior and Post To Brexit Deal.........................................................................................................3
Conclusion ..........................................................................................................................................6
References............................................................................................................................................7
Introduction
The Brexit deal of withdrawl was known as an agreement which was withdrawn by UK of
Great Britain and North Ireland as being part of European Union and EU community of Atomic
Energy under a pact by European Union ,Euratom and United Kingdom. This came in to effect
from 24 Jan, 2020 as Free Trade Treaty. It laid certain terms and condition of trading goods which
was agreed later by House of Parliament after rejecting report three times by prior PM after
appointment of new leader it became applicable(Garcia-Lazaro, et.al, 2021). The draft came in
force after being approved and depositing ratified instrument by EU association members, such
seperation came into force under article 185 of such agreement. It mainly discusses issues related to
fianance and revenue, resolving disputes through various methods. This includes transitionary time
period outlining subsequent relation between UK-EU deal. It publishes the report of this
negotiation on November,2018. This traty was promoted by administrators of EU states and
English ruling authority at that time which later had to face opposition by legislators of UK whose
consent was required for ratifying it. Also the approval of EU was also important at the same time.
This report mainly covers Brexit deal consequences and significance post and prior to agreemnt by
European Union and British Government and its benefits which were laid down in this treaty.
Main Body
Free Trade Agreement of EU-UK Deal
The trade and corporation agreement between European Union and United Kingdom which
establishes certain criteria preferring terms arranged in varied sectors like trading goods and
service, inclusion of online trade, safeguarding Intellectual assets,aqusition, aircraft protection and
transportation, energy and fishery, cordinating social safety, enforcing legislation and corporating
with judicial authorities in criminal cases and partcipating in central schemes of government. Such
actions must be complied with respect to basic rights of individual. But still it has no comparison
with economic unification of UK with EU member states. The scope of this treaty is above classical
free trade agreement which gives strong base to preserve and protect eternal union and

coorporation.It was mainly signed and came effect on December,2020 applying on provision at
Janurary,2021 forcing its effect since 1 May,2021.
This regulation mainly comprises of foloowing elements such free agreement trading providing
assitance socially, economically, enviromentally and fishery issue. It also explains intimate
partnership with securing citizens and comprehensive governing structure etc.
The inclusion of foreign guidelines,extra territorial safety,defence security is not dealt under this
agreement due to non negotiability of UK with regard to this issue. From year 2021 the formation
of treaty between UK-EU elaborates growth and coordination jointly in order to face challange
related to foreign policies like imposing sanction or another state national or economy. Further this
deal does not regulate order related to monetary service, fairness of data protection scheduleor
assessing sanitation and phytosantation regimes regulating it as under another country permitting its
access for exporting supplyrelated to food industry in EU. Such decisions are one sided and not
subjected to arbitration(Hantzsche, Kara and Young, 2018) .
It just not limits to carrying trade related activities of goods and services but broadly covers
various fields in accordance with interest of EU on facets like investing, competation, aiding states
funds,tariff being transparent, airways and roadways transport, energy, fishery, securing data and
social safety etc. Some of its major task are as follow. Firstly, it practices zero tax and quota on all
products abiding regulations as prescribed. Secondly, parties ensures functioning safeguarding in
numerous ector like environmental schemes, weather change, carbon price, social and labour right,
tariff mechanism and other measures. Thirdly, mutually agreeing on terms by UK-EU on new
foundation for unified administration, fisheries storage in marine. It enables UK to grow
engagement of fishery activity where life of mostly communities related to fisheries depend on
such resources preserving naturally.
Prior and Post To Brexit Deal
The relationship of United Kingdom is very complicated and complex with Europe since
time immemorial. Some of them are of opinion that implementation of Brexit deal will keep them
in touch of Europe accessing to carry trade connection, freely migrating and share regulation
provision. While sothers regards this as opportunity to become independent emerging externally
from European nation. In reality there is differnce in Britain and EU territories and it does not
belongs to nation surrounding it. The Roman evaded for decades till Europe joined as antecedent
where England has tried to alter between seperating coming close from EU. There are five
instances which describes existing crisis position of both countries relation with each