It argues that any goods or services lawfully placed on the market before leaving the Union may continue to be made available to consumers in the United Kingdom or in the Member States of the Union (Articles 40 and 41). The Withdrawal Agreement provides for a transition period until 31 December 2020, during which the UK will remain in the Single Market to ensure smooth trade until a long-term relationship is agreed. If no agreement is reached by that date, the UK will leave the single market on 1 January 2021 without a trade agreement. A non-binding political declaration on the future relationship between the EU and the UK is closely linked to the Withdrawal Agreement. publications.parliament.uk/pa/bills/cbill/58-01/0001/20001.pdf The reception of the agreement in the House of Commons was from cold to hostile and the vote was delayed by more than a month. Prime Minister May won a no-confidence motion against her own party, but the EU refused to accept further changes. EU and UK negotiators reached an agreement on the draft Withdrawal Agreement, which will allow the European Council (Article 50) to adopt guidelines on the framework for the future relationship between the EU and the UK on 23 March 2018. The Financial Regulation is currently estimated at a cost to the UK of around £30 billion. The Brexit Withdrawal Agreement, officially titled “Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community”, was concluded on 24 March. Treaty between the European Union (EU), Euratom and the United Kingdom (UK) signed in January 2020, laying down the conditions for the withdrawal of the United Kingdom from the EU and Euratom. .
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