Information on BrexitInternational Trade & Investment Related pages
At this moment there is no deal between the EU and the UK regarding the UK’s departure. This implies that the UK will no longer be an EU member after March 29, 2019. In December 2018 the negotiators of the EU and the UK came to a withdrawal agreement, a 585 page document that sets out the conditions of the UK leaving the EU in many aspects. Part of this agreement was the transition phase, that provided for the UK staying in the EU Customs Union and the EU internal market, from March 30, 2019 – December 31, 2020. However, since the agreement was rejected by the British parliament, no deal now sets out the conditions of the UK leaving the EU. When it comes to trade, this implies that WTO rules will now apply to all trade between the EU and the UK.