The U.K. has to negotiate its future relationship with Europe. Formal negotiations for this will begin on March 3, 2020.
The bulk of these negotiations will focus on the U.K. – EU’s future trading relationship. The U.K. is leaving the EU customs union an common market, so the two sides have two work out a trade agreement, ideally with no tariffs and with minimal barriers.
The two sides also have to discuss
- Security and law enforcement cooperation
- Access to fishing waters
- Banking
- Aviation standards and safety
- Supplies of electricity and gas
- Licensing and regulation of medicines
- Data and intelligence sharing
- Manufacturing and a whole lot more.
- The border between Ireland (which is part of the EU) and Northern Ireland (which is a part of UK and leaving the EU) will remain open. But how to implement customs checks on this border will need to be worked out.
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