The trade agreement reached between the EU and the UK last week after Brexit will be signed by both sides on Wednesday morning, the EU Council said in a statement after adopting the decision to sign the agreement and its provisional application as of Jan. January 2021.
Commission head Ursula von der Leyen will sign the agreement on behalf of the European Union with Council President Charles Michel, while British Prime Minister Boris Johnson will sign for Great Britain.
The signing of the Trade and cooperation agreement between the EU and the UK This will define the trade rules once the UK leaves the single market and the customs union faces a vote by the UK government on its ratification.
Earlier this week, the bloc’s EU27 ambassadors unanimously gave the agreement the go-ahead for provisional application until European lawmakers scrutinize it and approve it later in January.
In a no-deal scenario, both sides would act on the terms set by the World Trade Organization (WTO).
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