Understanding the Brexit Transition Period: Impact on UK and EU Laws and Regulations
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Added on  2023/06/07
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This report discusses the impact of the Brexit transition period on UK and EU laws and regulations, including the freedom of the UK to make its own laws. It also covers the challenges and opportunities that arise from this transition period.
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 Discussing the statement in which United Kingdom has left the European Union. They can make their own laws in the Brexit transition period...................................................................3 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................7
INTRODUCTION Brexit is the particular process and it is a name which is used when the united kingdom sets departure form the European Union. During that time there are various laws and regulations which needs to addressed by the government in a systematic manner. Negotiations was also held between two parties(Charlson, 2020). The new relationship is also been formed between UK and EU. The report aims to analyse about understanding the Brexit transition period. On the other hand, in this report there will be brief discussion about different laws and regulations which needs to be complied by the European Union. Along with that, the main evaluation in this report how the UK and EU got back their independence. For further instance, there are multiple changes which needs to addressed and there are new laws which is established in the Brexit Transition Period. The region can make new laws and per their values which they want to establish in the future. MAIN BODY Discussing the statement in which United Kingdom has left the European Union. They can make their own laws in the Brexit transition period The European Union has made different laws and regulations which is been implemented in order to follow the trade practices. Brexit is the term which we called an exit of the United Kingdom from the European Union. United kingdom can do their business and commence multiple operations as per their needs(Deglas, Luxembourg, and Lambion, 2020). In the European Union the trade practices are bind together there is a freedom of moving the goods and services to fulfil the needs of various regions. European Union helps the United Kingdom economy to become more more structured in every manner. There are various trade practices which is carried out systematically and the economy will see an efficient growth overa period of time. There are different discussions which is been made while establishing this particular law. The European Union is actively engaged in different practices which is been known as trade reforms. Parliamentary sovereignty is the legal authority which decided whether the law is established and fulfilled by the individuals. This is the main structure of the united kingdom fundamental Laws. The supreme legal authority recites in the hands of European Union. Parliamentary sovereignty
Kingdom can establish a direct connection with different countries in terms of trade practices. The export and import of the goods is more reformed and the economy will see and upward growth due to these practices(Morris, and Kibasi, 2018). They do not need to pay the tax obligations to the European Union. The British citizens can also migrate to other countries for the studies or for the working purposes. This will lead the UK economy to achieve success and growth in the future. This is the free movement which is affecting the lives of different person in a good way. Brexit has also impacted the education system in the country. Under the rules and regulations of the European Union the education system is also facing problems. There are limited options for the individuals in the education. The schemes which is formulated in very diverse and its is affecting different individuals in a better way. The cross border educational system has also been implemented by the education sector. There are various students which is attending the lives classes and commencing for various educational degrees in the united kingdom. United kingdom has reformed and restabilised their education system which is creating new opportunities for the students. There is quality of work which is been available for the individuals after UK grab independence from UK. There are multiple risks which is been also arrived after Brexit. There is a needs of development in the country(Bongardt, 2020). The major focus is to implement the new wok ring standards for the people and make them comfortable with the new changes. Governments is majorly focusing on import and export of goods and services. There are various social policies which is been established to reduce the poverty and opening more job opportunities for the people. There are other risks which needs to be taken into consideration by the government. There are new ways of commencing the operations in which United Kingdom is focusing. They are also negotiating with the working rights and other values. UK is playing the major part to enhance those roles and establishing it in the economy. The nation is also collaborating with different individuals and finding new investment options to achieve a growth over a period of time. Brexit is the policy which represents to become free from multiple rules and regulations. It is the free movement for the citizens of the UK and EU(Bongardt, and Torres, 2018). There are different agreements which has been taken place in the economy to achieve growth and maintain the stability. Brexit is the idea of the freeness towards various responsibilities and roles.
The organisation in the United Kingdom needs to adjust towards the new ways. They need to commence their business operations effectively by fulfilling all the new legal law and regulations in the region. CONCLUSION From the above report, it has been concluded that Brexit is the movement which is given the United kingdom independence from various rules and regulations. This the free movement which is been established to achieve growth scenario in the economy. On the other hand, in this report there is discussion about different rules and regulations which is topping the growth of the particular regions. The United Kingdom is also been free in carrying various trade practices in an efficient manner. The major reason for Brexit to happen is Parliamentary sovereignty which led towards different causes. Along with that, the main focus in this report is to enhance new values which is been established in the Brexit transition period. The government of United Kingdom can now focus on establishing of various social values and they are able to achieve success in the future. For further instance, there are whole lot of challenges which needs to be overcome by the nation.