Status Of Withdrawal Agreement
EU leaders approve the postponement of the date of Brexit to 31 January 2020, or earlier, if the UK and European parliaments approve the withdrawal deal by then. The European Union and the United Kingdom have reached a draft withdrawal agreement. The new relationship between the EU and the UK begins, provided an agreement has been reached, approved by the EU Member States, the European Parliament and the British Parliament. Immediately after the announcement of a revised withdrawal agreement on October 17, 2019, Labour, the Liberal Democrats and the DUP said they could not support the new agreement.  On 17 October 2019, the United Kingdom and the European Union agreed on the terms of the UK`s exit from the EU (Brexit) and a transitional period until 31 December 2020, in accordance with the withdrawal agreement, without a new order, or will be used in the UK. The 2019 revisions also adapted elements of the political declaration and replaced the word “appropriate” with “appropriate” with respect to labour standards. According to Sam Lowe, a trade fellow at the Centre for European Reform, the amendment excludes labour standards from dispute resolution mechanisms.  In addition, the Equal Competition Mechanism has been postponed from the legally binding withdrawal agreement to the political declaration, and the line of the political statement that “the United Kingdom will consider taking into account alignment with trade union rules in the relevant areas” has been removed.  The European Union and the United Kingdom have approved the withdrawal agreement. The British Parliament and the European Parliament have yet to approve the withdrawal agreement. The withdrawal agreement provides for a transitional period until 31 December 2020, during which time the UK will remain in the internal market, to ensure the smooth flow of trade until a long-term relationship is concluded.
If no agreement is reached by then, the UK will leave the single market without a trade deal on 1 January 2021. The withdrawal agreement is closely linked to a non-binding political declaration on future relations between the EU and the UK. On 22 October, the British Parliament agreed to review the Brexit Act. But she decided it took longer than the British Prime Minister had proposed. This means that it is no longer possible to withdraw with an agreement on the planned date of Brexit, 31 October. The Brexit deal will not come into force until the Brexit law is passed by the British Parliament.