December 8 According to a report by Sky News on the 8th, the British government said on the 8th that it had reached a “principles agreement” with the European Union on how to manage Northern Ireland’s trade after the Brexit transition period.
Gove, the Cabinet Secretary of Staff, said he was pleased that Britain and Europe had reached “principles agreement” on many issues related to the provisions of Ireland and Northern Ireland.
According to Reuters, the British side said that after reaching “in principle” agreement with the EU on trade and other issues, the provisions of the Internal Markets Act that violate the Brexit agreement will be repealed.
In September 2020, it was previously reported that in September 2020, the British government introduced a controversial Internal Markets Act that violated the Brexit Agreement’s section on state subsidies and Northern Ireland tariffs.
The UK officially went into an 11-month transition period after it officially took off the European Union on January 31, 2020. If there is no trade agreement between Britain and Europe during the transition period, the trade between the two sides will return to the framework of the World Trade Organization from 2021, and arrangements such as border inspection and tariffs will be re-implemented.