Soft Brexit: Difference between revisions
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imported>Doug Williamson (Update. Source: ICAEW.) |
imported>Doug Williamson (Update. Source: ICAEW.) |
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On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement due to come into provisional application from 1 January 2021. | On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement due to come into provisional application - subject to parliamentary ratification by the UK and the EU - from 1 January 2021. | ||
Revision as of 20:49, 24 December 2020
European Union - United Kingdom (UK) - Brexit.
Soft Brexit describes a potential future situation of relatively less disconnection of the UK from European institutions including the single market.
For example, a possible future situation in which the UK was a member of the European Economic Area.
Contrasted with a relatively 'harder' Brexit.
On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement due to come into provisional application - subject to parliamentary ratification by the UK and the EU - from 1 January 2021.
See also
- Brexit
- Brexit transition period
- European Commission
- European Economic Area
- European Free Trade Association
- European Union
- Free trade agreement
- Hard Brexit
- Single Market
- United Kingdom
