November 23, 2024

Theresa May’s Brexit deal: everything you need to know

Theresa May’s cabinet meets later on Wednesday to approve or reject the text of a draft withdrawal agreement drawn up this week in Brussels by EU and UK negotiators two-and-a-half years after Britain voted to leave the bloc.

Here is a brief guide to what – as far as we know – the agreement says, which parts of it may prove controversial (and why), how likely the prime minister is to get the deal through her cabinet and then parliament, and what could happen next.

What is the withdrawal agreement?

Think of it as the separation agreement between the UK and the EU. Running to a rumoured 400 to 600 pages, it covers three main areas:

  • Britain’s financial settlement with the EU to meet agreed commitments.
  • The post-Brexit rights of EU citizens in the UK and British citizens on the continent.
  • A mechanism to prevent a hard border on the island of Ireland.

The agreement also includes a much shorter (and non-binding) political declaration, probably of about 15 pages, outlining what the two sides see as their desired future trading relationship – which remains to be negotiated.

Why has it been to hard to reach?

While some of the detail took longer, the UK and EU agreed reasonably quickly on the so-called divorce bill and citizens’ rights (although not to the satisfaction of many of the citizens concerned).

The sticking point has been the border between Northern Ireland and the Republic, which after Brexit will also become the border between the UK and the EU. Because of the island’s troubled history, both sides want to avoid a hard border with customs checks that could become a source of friction.

The problem has been that since the prime minister promised in her Lancaster House speech to take Britain out of both the EU’s single market (to cease being an EU “rule-taker”) and the customs union (to allow it to strike its own trade deals around the world), customs and regulatory checks at the border are difficult to dodge.

Ultimately, the border is supposed to become a non-issue under the terms of the comprehensive free trade agreement the two sides are expected to sign at some stage after Britain’s departure on 29 March next year.

For more read the full of article at The Guardian

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