The countries around the world that are tired of hearing about Brexit could finally breathe for a while. Perhaps Thursday brought a final moment of partial conclusion to the issue. We say partially because the issue is only partially put to rest until the next stages. The European Union and the United Kingdom have finally agreed on a trade deal that is set to replace the older trade deal made by the parties that were shared for 47 years.
David Henig is the United Kingdom Director at the European Centre for International Political Economy that is a think tank. Henig said that Brexit has consumed the British people and economy for the past 4 years. He also said that the most important thing that this deal tells the world is that a line has been drawn under the debate that was going on for the last 4 years. This negotiation has officially ended the focus on Brexit and brought the country back to its business.
The entire agreement between the two parties is said to be more than 2000 pages long. Many political leaders and analysts around the world will argue on which side ceased the most and who is the winner in these negotiations, but for now, the deal is signed.
What the world knows so far is that the President of the European Commission Ursula Von der Leyen and Prime Minister Boris Johnson, along with the executive branch of the European Union came up with the concept of hard Brexit under which they would ditch many of the regulations and rules that bonded them earlier, but they would keep the free trade moving across the country along with some additional co-operation between services under science, aviation, financial markets, and security.