Brexit: Britain formally leaves European Union after 47 years
Brexit deal: The United Kingdom has become the first-ever nation to leave the European Union.
Brexit: The United Kingdom formally left the European Union on January 31, 2020, ending 47 years of membership and marking the beginning of an uncertain future. Britain's exit was celebrated as an independence day by Brexiteers with many toasting to the moment. The United Kingdom has become the first-ever nation to leave the European Union.
A countdown was initiated to mark the moment, at the end of which, the message was clear "The UK has left the EU". This brings an end to the tumultuous three years over the Brexit deal, which had repeatedly failed to pass through the UK Parliament. Brexit was inevitable after the 2016 Brexit referendum when 51.9 percent votes were cast to leave the EU, while only 48.1 percent votes supported the referendum to stay in the European Union.
Britain's exit from the European Union has, however, just initiated the divorce proceedings between the two, as future terms of trade and exchange will need to be agreed upon. The United Kingdom will now be required to strike a new free-trade deal with the European Union to enable a smooth transition. The UK government has set an ambitious goal of reaching a new trade agreement by the end of 2020.
Queen Elizabeth II approves Brexit bill
Queen Elizabeth II gave her royal assent to the Brexit bill on January 23, 2020, paving the way for Britain's smooth exit from the European Union. Her Majesty approved the European Union (withdrawal agreement) bill 2020 in accordance with the Royal Assent Act 1967, officially making it a law after months of blockade in the UK Parliament. The historic agreement set the terms of UK's departure from the 28-member EU bloc. The European Parliament also approved the agreement during their vote.
UK Parliament approves Brexit deal
The UK Parliament ratified the Brexit law on January 22, 2020, finally approving the terms of Britain's historic departure from the European Union on January 31. The House of Commons had already approved the EU withdrawal agreement earlier on January 9 by 330-231 votes. The move is historic, as the deal was stuck in the lower house for over a year.
The House of Lords had suggested a few changes in the bill, including the rights of EU citizens and child refugees after Britain's exit from the EU. However, the House of Commons rejected all five amendments proposed by the upper house and sent the bill back to it. The House of Lords then reluctantly agreed to back the framed exit agreement. The approved Brexit deal was struck by Prime Minister Boris Johnson with the EU in 2019.
How did UK Elections help Brexit deal?
The Brexit bill’s passage in the UK parliament was assured when British PM Boris Johnson’s Conservatives won a large majority in the UK Elections 2019.The bill was overwhelmingly rejected multiple times previously despite several efforts from Johnson and former British PM Theresa May.
The UK Election result was declared on December 12, 2019 and the Conservative Party won 364 seats in the 650-member House of Commons, while Jeremy Corbyn’s Labour Party won 203 seats. The victory was extremely significant for Boris Johnson, as Brexit was one of his key campaign promises.
Boris Johnson was chosen by his party as the new Prime Minister of the UK on July 23, 2019, replacing Theresa May who had resigned after repeatedly failing to see the Brexit bill through the Parliament. However, Johnson also failed to get the Brexit bill passed, following which he decided to call for the elections.
The people of Britain had voted to leave the European Union in a historic referendum on June 24, 2016. The referendum to leave the EU saw 51.9 percent votes, while the referendum to stay in the European Union was backed by 48.1 percent votes. The turnout for the landmark referendum was much higher than the turnout in the 2015 general elections.
While Northern Ireland, London and Scotland had voted to remain in the European Union, Wales and the English shires had voted to leave the EU.
What will happen now?
Britain's exit from the European Union only marks the beginning of the first stage of its withdrawal from the bloc. Britain and the EU will need to strike new deals in significant areas including trade and security by the end of 2020. Though trade agreements generally take years to get completed, Johnson has stressed on finalizing it by the end of 2020, though the EU had offered to prolong the post-Brexit transit period to 2022. The European Union is Britain’s biggest trading partner and if no trade deal is agreed upon before the end of 2020, it could disrupt trade and push the UK into recession.
UK-EU new trade deal
After Brexit, the UK will continue to remain under EU trade rules until December 31. After this, the UK and EU will have to sign new trade deals on almost everything, ranging from trade in goods and services to fishing, aviation, medicines and security.
Though EU is of the opinion that this cannot be completed within 11 months, Johnson is confident about getting it done. British officials have suggested dividing the negotiations into different chunks.
The UK seeks a wide-ranging free trade deal with the EU but doesn’t want to adhere to all EU rules and standards. Britain seeks freedom to strike new trade deals around the world.
The EU, on the other hand, stated that the UK will not get completely free access to its markets unless it agrees to its standards, especially in areas including workers’ rights and the environment.
Why did Britain chose to leave the EU?
As a member state of the European Union, Britain was bound by strict rules of the European Commission to ensure that there is no unfair competition within the bloc’s vast single market. The countries outside the bloc aren’t bound by such strict rules.
The UK was earlier scheduled to leave the European Union on March 29, 2019. However, the European Union agreed to delay the process till May 22, after British MPs- both Brexiteers and Remainers, repeatedly rejected the Brexit deal negotiated between the then British PM Theresa May and the European Union.
Theresa May’s repeated failures to get the Brexit deal approved, led her to finally resign as British PM and Boris Johnson was elected as the next Prime Minister with an overwhelming majority.
Boris Johnson, a key supporter of Brexit, had pledged to negotiate a new withdrawal deal before the October 31 Brexit deadline. However, his newly negotiated deal was also rejected by the UK Parliament, following which he called for elections in December 2019.
The UK Elections 2019 saw the Johnson-led Conservatives win a comfortable majority, paving the way forward for a smooth Brexit.