UK Prime Minister Boris Johnson signs Brexit trade deal


2020-12-30 16:45:37

LONDON: British Prime Minister Boris Johnson signed the post-Brexit trade deal with the European Union on Wednesday, adding his signature to that of EU chiefs after the document was flown from Brussels to London.
“Have I read it? The answer is yes,” Johnson quipped.
The trade deal was announced on December 24, and sets out the terms of Britain’s new relationship with the EU following their divorce earlier this year. It will come into effect from January 1, replacing a transitional arrangement during which EU rules continued to apply to Britain.
British lawmakers approved the post-Brexit trade deal with the European Union, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality.
The British parliament will finalise its implementation, ending over four years of negotiation and safeguarding nearly a $1 trillion of annual trade.
Both sides said it was a chance to begin a new chapter in a relationship forged as Europe rebuilt after World War Two, but which has often seen Britain as a reluctant participant in ever-tighter political and economic integration.
Johnson, in a specially convened sitting of parliament, said he hoped to work “hand in glove” with the EU when its interests aligned, using Britain’s new-found sovereignty to reshape the British economy.
“Brexit is not an end but a beginning,” Johnson said. “The responsibility now rests with all of us to make the best use of the powers that we regain, the tools that we’ve taken back into our hands.”
Parliament’s lower house voted 521 to 73 in favour of the deal. The upper house of parliament now debates the bill and it should become law around midnight.
The deal has been criticised on several fronts since it was agreed on December 24. The opposition Labour Party say it is too thin and doesn’t protect trade in services, fishermen rage that Johnson has sold out their interests, and Northern Ireland’s status remains subject to much uncertainty.
Nevertheless, Johnson has won the support of his party’s hardline Brexiteers – delivering a break with the EU far more radical than many imagined when Britain shocked the world in 2016 by voting to leave.
Long-time eurosceptic lawmaker Bill Cash said Johnson had saved Britain’s democracy from four decades of “subjugation” to Brussels: “Like Alexander the Great, Boris has cut the Gordian knot.”
Johnson said he hoped to end the “old, tired, vexed question of Britain’s political relations with Europe” and instead become “the best friend and ally the EU could have”.
New chapter
Earlier, against a backdrop of EU flags, top EU officials signed the treaties struck on December 24 to preserve Britain’s tariff- and quota-free access to the bloc’s 450 million consumers.
“It is of the utmost importance for the European Union and the United Kingdom to look forward, in view of opening a new chapter in their relations,” the EU said in a statement.
A British Royal Air Force brought the documents, which bear the EU’s golden stars on a blue leather folder, to Johnson who signed them sitting at a desk in front of his own backdrop of British flags.
Britain formally left the EU nearly a year ago and the new partnership agreement will regulate ties from January 1 on everything from trade to transport, energy links and fishing.
After both sides have signed, the deal will be in place until the end of February, pending final approval by the European Parliament to make it permanent.



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