Brussels: Leaders of the European Union (EU) on Wednesday formally signed the post-Brexit trade deal with the United Kingdom.
Taking to Twitter, European Commission President Ursula von der Leyen confirmed that she and European Council President Charles Michel “signed the EU-UK Trade and Cooperation Agreement” in Brussels.
“(UK) Prime Minister Boris Johnson will sign it later today in London,” she said.
“It has been a long road. It’s time now to put Brexit behind us. Our future is made in Europe,” von der Leyen added.
The UK is the EU’s third largest trading partner in goods, after the US and China.
After months of negotiations, the European Union and the United Kingdom reached an agreement on December 24.
The deal will need the approval of the European Parliament, the UK Parliament and the EU’s 27 member states.
The free trade deal is the biggest bilateral trade deal signed by either side, covering trade worth around 668 billion pounds ($905 billion).
Kalinga AI