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Content of Brexit Withdrawal Agreement

The Brexit withdrawal agreement is a complex and important document that sets out the terms of the UK’s departure from the European Union (EU). It is a legally binding agreement that covers a wide range of issues, from the terms of the UK’s financial settlement to the future of citizens’ rights.

One of the key aspects of the withdrawal agreement is the transition period. This is a period of time, from the date of the UK’s departure from the EU until the end of December 2020 (which may be extended), during which the UK will continue to follow EU rules and regulations. This is designed to give businesses and individuals time to adjust to the new relationship between the UK and the EU.

Another important aspect of the withdrawal agreement is the financial settlement. This covers the UK’s outstanding financial obligations to the EU, including contributions to the EU budget, pensions for EU officials, and other liabilities. The settlement has been estimated to be around £35-39 billion.

The withdrawal agreement also covers the rights of EU citizens living in the UK and UK citizens living in the EU. These individuals will be able to continue living and working in their respective countries, and will have their rights protected by the agreement.

Other issues covered by the withdrawal agreement include the border between Northern Ireland and the Republic of Ireland, future trade relations between the UK and the EU, and arrangements for goods and services.

It`s important to note that the withdrawal agreement is not the same as the future relationship between the UK and the EU. That will be the subject of separate negotiations, which will take place during the transition period.

In conclusion, the Brexit withdrawal agreement is a crucial document that sets out the terms of the UK’s departure from the EU. It covers a wide range of issues, including the transition period, the financial settlement, citizens’ rights, and the border between Northern Ireland and the Republic of Ireland. While it is a legally binding agreement, it is not the same as the future relationship between the UK and the EU, which will be subject to separate negotiations.

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