January 1st – According to the comprehensive BBC and CNN, the Anglo-Europe Trade and Cooperation Agreement officially entered into effect at 11 p.m. local time on December 31, 2020.
This means that the Brexit transition period is over, and the UK officially leaves the EU Single Market and Customs Union and completely.
CNN said that after four and a half years of Brexit, the end of the transition period is an important moment in British history. 48 years after joining the EU, Britain will open up an independent road.
According to the BBC article, Britain’s completion of Brexit is the beginning of a new era.
On December 31, 2020, British Prime Minister Johnson said in his New Year’s speech that Britain will be an “open, generous, extroverted country with internationalism and free trade”, free to act differently and even better than the EU if necessary.
Britain is “in charge of freedom” and now that the long Brexit process is over, the UK has the ability to “do better in different ways”.
However, some experts warned that the British economy will be affected by Brexit, and many companies are not prepared for future changes, especially the United Kingdom is still in the midst of the impact of the COVID-19 epidemic.
Now that the UK is officially Brexit, cross-border goods will be subject to customs and other checks. Delays and interruptions may occur.
Disgruntled Brexit Scotland’s Chief Minister Nicola Sturgeon tweeted: “Europe, Scotland will be back soon.
Let the light go on.
