Retail Crowd

Complete British News World

Significant trade agreements have been reached between the EU and Britain

agrarszektor.hu
Wednesday, May 5, 2021, 11:00 p.m.

In the last week of April, the EU’s internal procedures for accepting the agreements were completed. The EU-UK Trade and Cooperation Agreement and Data Protection Agreement came into force on 1 May 2021.

EU and UK negotiators agreed on the terms of future cooperation and the agreement on data protection between the two sides in a trade and cooperation agreement on 24 December 2020 – Wrote National Agriculture Room (NAK). In order to reduce the disruption, contracts were used temporarily after January 1, 2021. In the absence of formal approval, an interim protocol was issued on the temporary implementation of key trade policy aspects of the agreements, but the agreements also stipulated that it should be changed by the conference as a whole by February 28. This period can only be amended by mutual agreement of the two contracting parties.

On February 23, at the request of the European Union, the EU-UK Partnership Council decided to extend the provisional application until 20 April 2021 in order to allow sufficient time for legal-linguistic verification of agreements in all 24 languages. Certification of all 24 language versions of the contract expires on April 21st.

On 26 February 2021, the Council sought the approval of the European Parliament to conclude agreements. The European Parliament gave its approval on April 27, and on April 29 the Council adopted a decision at the conclusion of the agreement. The final application requires the approval of the European Parliament and a decision of the Council of the European Union.

READ  Who can pick up a Mitsubishi dealership in the UK

Contracts and accompanying texts were published on 30 April 2021 In the official journal of the European Union. Both agreements came into force on May 1, 2021.

Cover image: Getty Images