EU-UK Brexit Agreement: A Comprehensive Report on Trade Impacts

This report provides a comprehensive analysis of the Brexit deal's significance for both the EU and the UK, detailing the prior and post positions of both nations before and after the United Kingdom's departure from the European Union. It examines the Free Trade Agreement signed between the EU and the UK, exploring its various departments and limitations. The report further elaborates on the rights and obligations of individuals migrating between the two regions, considering the deal's broad impact on various sectors, including employment and trade relations. It also addresses how the deal affects trade, supply chains, and the overall economic landscape, referencing key studies and perspectives on the matter.

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The Brexit deal of withdrawl was known as an agreement which was withdrawn by UK of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

other(Hantzsche, Kara and Young,2019).
Firstly, Romans invaded exploring Europe spreading stories of Christianity as belief system for
many years targetting people to follow their religion and influencing them to propgate it
maintaining their relation with one another. After ties ended with Romans Brtishers were tied up
with Europe around 410 AD.
Secondly, reformation took palce where faceless communities practicing Christianity opposed to
reinvention and protestors were against the practice of Catholics seeing their honesty and trsut in
foreign territory. Where Black people opined that such issues relates with current problem with this
Brexit deal focussing mainly on identification, emotions seen in political action of Britishers falling
on compromise majorly. These fields does not require attention in general.
Thirdly, duartion period of World War forces Britain to engage as part of EU identity making it
responsible for safeguarding communities of Europe in both war situation from Germany but Black
people stated that UK involving in EU was for their interest than Europe percieved.
Fourthly, since decade after end of World War, it became difficult for English people to survive as
leaders as by 1960 colonial rule has become independent state and after crises of Suez canal,
authorities of Egypt nationalised which made UK alone and left out by its strongest support system.
Further it was assumed that after its abandonment Britishers will join Europe Economic
Association which it did in 1973(Kalaitzake,2021).
The post situation after enforcing Brexit deal after referandum was voted by UK leaving
EU.In current case United Kingdom has become independent and nolonger sucjected to European
regulations and directives leading to certain postive and negative changes politically and reshaping
their framework in society(Thissen,et.al,2020). The post effect has been worsening situation
inmany ways straining sevearly contrasting existence where North Ireland covers complex
procedure of divorce. On other hand ross border migration arrangement and facillities between
Britain and Union, decision of UK has lead disruption in trading and supplying of products and
services of labour as certain restriction were imposed under this Brexit deal imposing tariff By EU
which did not prevail prior to this treaty.
This fall of country became concern after pandemic and which lead to economy falling and
devastation of economy sgifting its focus on gobal issues arising at that time. For instance climate
emergencies arised. The European considered breaking of ties via this deal weakened the position
of Europe nations during the period when America rising its power with growth of other countries
like China and USSR asserting highly in such case.
There are various rights and obligation which are given to parties who are affected by such

agreement where citizens family relatives being national of Britain or Europe vica versa has right to
residence in hosting state under Article 13. Whereas , host country shall not bar or limit enforcing
terms to retain, loss of residence under thsi said provision requiring documents does not need visa
for entering or exiting from territory or other such formality allowing them to leave without any
complication related to conveyance under Article 14(Oxford Analytica, 2019).
Moreover, permenant residence is provided to people during such transitory occurence restricting
with certain terms. It elaborates rights to labour class and manger of organisation further reconising
regulatory measures in order to identify their portfolio with respect to its expertise.
Thus, it has been concluded that significance of Berxit deal on both the continent and UK has
affected lifestyle of people disrupting various sectors of employment.

Conclusion
This report mainly talks about significance of Brexit deal which impacted both EU-UK. It
gives detail anlysis of post and prior position of both nation before United Kingdom left Europe
and post effects after signing the agreement. Further, it talks about Free Trade Treaty signed by both
EU-UK in dealing with various departments and its limitation regarding it. Moreover, it states
rights and obligation of people migrating from one nation to another.

References
Garcia-Lazaro, et.al, 2021. Supply chain networks, trade and the Brexit deal: a general
equilibrium analysis. Journal of Economic Dynamics and Control, 133, p.104254.
Hantzsche, A., Kara, A. and Young, G., 2018. The economic effects of the Government’s
proposed Brexit deal. NIESR report, November.
Hantzsche, A., Kara, A. and Young, G., 2019. The economic effects of the UK
government's proposed Brexit deal. The World Economy, 42(1), pp.5-20.
Kalaitzake, M., 2021. Brexit for finance? Structural interdependence as a source of
financial political power within UK-EU withdrawal negotiations. Review of International
Political Economy, 28(3), pp.479-504.
Oxford Analytica, 2019. New Brexit deal would damage UK-EU trade relations. Emerald
Expert Briefings, (oxan-db).
Thissen,et.al,2020. The implications of Brexit for UK and EU regional
competitiveness. Economic Geography, 96(5), pp.397-421.
.