A tortured process comes to a head, but what's next? | CBCNews
But the certainty of this Brexit Day will do little to address the doubts, fears and speculation over what comes next.A blend of Britain and exit, Brexit is the all-encompassing nickname for the United Kingdom's withdrawal from the European Union.After Brexit, it will be up to the two sides to negotiate the particulars of their new relationship.At 23:00 GMT , the United Kingdom will officially cease to be a member of the European Union.
In most cases, those real consequences are deferred by the 11-month "Transition Period" during which Britain continues to contribute to the EU budget and be bound by EU rules.It's not out of the question: the European Union says the 11-month negotiating time frame is not nearly enough to negotiate a new trade deal, and France's Europe minister warns a chaotic cliff-edge, no-deal exit scenario is entirely possible at the end of 2020.
The Republic of Ireland and Northern Ireland share the only land border between the U.K. and the EU. When the transition period ends, any goods or people crossing over will be subject to whatever trade and entry regulations have been negotiated.But the border is an intensely sensitive issue. The physical border was all-but dismantled following the Good Friday Agreement that brought an end to decades of violence that killed thousands of people.
His new Irish Protocol creates an effective customs border between Great Britain and Northern Ireland. Goods deemed to be "at-risk" of importation into Ireland would be subject to customs, with refunds offered where the goods remained in Northern Ireland.
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