
News
25 Jan, 2021
Brexit update January 2021
The European Union (“EU”) and the United Kingdom (“UK”) have during the past year negotiated the terms of a new deal, EU-UK Trade and Cooperation Agreement (“the Agreement”), to govern the future relation between EU and UK. Even though EU and UK have agreed on a trade deal, it is important to remember that UK should be treated as a third country in terms of trade. This has already taken place from the 1st January 2021 where UK officially has left the EU Single Market, Customs Union, and all EU policies.