Brexit. United Kingdom will “resume full control” on January 1, guarantees Boris Johnson – Executive Digest

British Prime Minister Boris Johnson said on Wednesday that the United Kingdom will resume “full control of its money, its borders and its laws” on 1 January 2021, when an agreement ends transition the status quo with the European Union (EU).

“This country has not only left the European Union, but on January 1 it will regain full control of our money, our borders and our laws,” he told Parliament, quoted by the agency. Reuters.

Boris Johnson thus repeated an idea that helped him win the domestic elections last year.

This Tuesday, the Vice-President of the European Commission, Maros Sefcovic, announced that a no-deal scenario was still on the table. Thus, the possibility that the EU and the United Kingdom will not reach a post-‘Brexit ‘trade agreement has not been ruled out.

“Time is running out: if there is an agreement, which is our goal, both parties need time to ensure that they can ratify the agreement by January 1, 2021. If that doesn’t happen, we will enter the territory ‘no-deal’, ”said the European Commissioner, in a plenary session of the European Parliament.

There are less than 100 days until the end of the transition process.

Last week, British parliamentarians passed a bill designed to replace European standards with rules for trade between different regions of the United Kingdom (England, Scotland, Wales and Northern Ireland) after leaving the European Union.

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