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| ▲ Predicting the future after Britain’s withdrawal from the European Union (EU). | |
| Ⓒ guardian |
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The two sides completely broke up as the transition period to’Brexit’, when the UK withdrew from the European Union (EU), ended on December 31, 2020 at 11:00 PM (January 1 at 8:00 AM Korean time). .
It has been 47 years since the UK joined the European Economic Community (EEC), the predecessor of the EU in 1973, and 4 and a half years after the UK decided to withdraw from the EU through a referendum in June 2016. At the time, the UK voted 72.2% of the voters in the referendum, 52% voting for withdrawal from the EU, and 48% voting for remaining.
Accordingly, on January 31, it withdrew from the EU. However, the two sides set a transition period to keep everything the same as before Brexit until the end of the year, and then began to negotiate specific future relations such as immigration and trade.
The negotiations went through twists and turns. Britain’s Prime Minister Theresa May reached an agreement with the EU, but failed to receive parliamentary approval and resigned with political responsibility. Then Prime Minister Boris Johnson, who strongly insisted on Brexit during the referendum, took office as a relief pitcher.
Prime Minister Johnson was also worried about the’no deal Brexit’, when the two sides broke up without agreement as they had difficulty in negotiations.
The EU unanimously approved the contents of the agreement, and the United Kingdom also completed all the procedures with the Senate and House of Representatives the day before, and receiving approval from Queen Elizabeth.
“Brexit is the beginning, not the end,” said Prime Minister Johnson in his parliamentary speech. “The fate of this country is now in our hands.”
The Associated Press said, “The political drama called Brexit, which has been around for more than four years, has ended,” and said, “Now the world is wondering if the divorced couple, the UK and the EU can get along well as friends.”
The two sides decided to maintain no tariffs and no quotas in commodity trade, but confusion is likely to be inevitable for the time being due to the unprecedented customs clearance and quarantine procedures. Also, the European Court of Justice (ECJ), the highest court of the EU, is no longer in force in the UK.
Brexit makes England poorer?
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| ▲ CNN news captures coverage of British Prime Minister Boris Johnson’s withdrawal from the European Union. | |
| Ⓒ CNN |
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In addition, a separate visa is required for British people to stay in the EU for more than 90 days, and free roaming for mobile phones is eliminated. Various qualifications such as lawyers and accountants acquired in the UK were not recognized in the EU.
First of all, there are many pessimistic prospects in Britain. “The new trade agreement will energize the UK economy in the short term, but it will eventually make the UK poorer amid the worst economic crisis and unemployment,” CNN noted.
There are also concerns that London’s position as the financial capital of Europe, which is held by the British capital, will also be lost to Frankfurt, Germany, Paris, and Madrid, Spain.
Britain’s leading progressive newspaper <가디언>Criticized more bitterly. “The UK’s economic growth rate will drop by more than 2% and prices will rise sharply,” he said. “According to expert agency analysis, the UK has built unnecessary barriers with its closest and closest neighbor, continental Europe.”
“The UK has become a less attractive investment destination by breaking away from the world’s largest single market,” he warned. “Especially, the UK manufacturing industry, which is already struggling, will suffer a serious blow.”
British Labor Congressman Roger Riddle, who opposed Brexit, emphasized “a very painful day when British nationalist populism won the confrontation with global liberalism.”