Brexit transition ends as UK-EU trade deal takes effect

  • Date: 01-Jan-2021
  • Source: The Economist
  • Sector:Economy
  • Country:Middle East
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Brexit transition ends as UK-EU trade deal takes effect

The UK has begun a new relationship with the European Union with the Brexit transition period coming to an end.Despite leaving the EU on 31 December last year, the UK has remained subject to the bloc's rules as a member of the single market and customs union.

However, this ended at 11pm and the UK and EU will now do business under the terms of a free trade deal clinched a week ago.

Image:

Lorries board the final DFDS ferry from the Port of Dover



The end of the transition period also means widespread changes for Britons on immigration, European travel and more.Earlier, Prime Minister Boris Johnson said the start of the UK's new relationship with the EU marked a "new beginning in our country's history".

Eurosceptic MPs were