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| The Brexit transition was a period under the UK-EU withdrawal agreement in which the UK was no longer a member of the EU, but continued to be subject to EU rules and remain a member of the single market and customs union.
| | == Summary == |
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| It ran from 1 February 2020 to 31 December 2020.
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| The transition period was designed to allow the UK to continue its previous relationship with the EU while future security cooperation and trading relationships were negotiated.
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| The UK government did not use the term transition: instead it refered to this period as an “implementation period”.
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| On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement agreement that applied from 1 January 2021.
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| The EU-UK Trade and Cooperation Agreement entered into force on 1 May 2021.
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| == See also == | |
| * [[Article 50]]
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| * [[Brexit]]
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| * [[Brexit Britain]]
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| * [[Brexit Day]]
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| * [[Brexodus]]
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| * [[Cliff edge]]
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| * [[Customs union]]
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| * [[Department for Business and Trade]] (DBT)
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| * [[Department for Exiting the European Union]]
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| * [[Equivalence]]
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| * [[EU-UK Trade and Cooperation Agreement]]
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| * [[European Commission]]
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| * [[European Economic Area]]
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| * [[European Free Trade Association]]
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| * [[European Union]]
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| * [[European Union (Withdrawal Agreement) Act 2020]]
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| * [[Free trade agreement]]
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| * [[Frexit]]
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| * [[Grexit]]
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| * [[Hard Brexit]]
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| * [[Make UK]]
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| * [[No Brexit]]
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| * [[No Deal]]
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| * [[Parliamentary supremacy]]
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| * [[Passporting]]
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| * [[Ratification]]
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| * [[Schengen Area]]
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| * [[Single Market]]
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| * [[Sovereignty]]
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| * [[United Kingdom]]
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| * [[Withdrawal Agreement]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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Latest revision as of 09:29, 27 July 2023
Summary
Importing files from local file repository
