Britain is solidifying the EU’s economic divide

The United Kingdom officially broke away from the European Union on Thursday, at 23:00, London local time.

The official rupture comes after the UK reached an agreement last week that defined its economic relationship with the EU in the future, ensuring that Britain will not endure a “difficult” Brexit without an agreement in January.

Britain’s departure from the EU’s single market marks the country’s biggest economic change since World War II, according to The Associated Press.

“We have the freedom in our hands and it’s up to us to make the most of it,” British Prime Minister Boris Johnson said in the New Year’s video, calling it “an amazing time for this country.”

This break comes 11 months after the United Kingdom officially left the EU and entered a “transitional period”.

Although the blockade in Britain restricts mass rallies, some Brexit supporters have gathered outside parliament to fry on the news at 11pm, according to the AP.

The agreement announced last week did not place tariffs or quotas in the UK. However, companies and traders will now face customs declarations and border controls.

The agreement also allows each party to use an independent grant control arbitrator to resolve any disputes.

One of the main provisions for both parties was an agreement on fishing rights for coastal cities, both in the United Kingdom and in the EU.

Both the United Kingdom and the EU have agreed to “establish a favorable climate for the development of trade and investment between them”, and the United Kingdom has said it will introduce new rules on EU fishing in British waters for 5 and a half years. .

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