The European Union has agreed to a British trade agreement

According to reports EconomyOnline According to Mehr, after nearly a year of conflict, Britain and the European Union finally reached a historic agreement on December 24 (December 4) on the rules governing their relations after Britain’s withdrawal from the union, known as the Brexit.

With the transition period set for a trade agreement between the two sides set for December 31 this year, there is very little time left for full agreement.

The agreement allows the parties to trade goods without tariffs, as well as close cooperation between the police and the judiciary.

After an 11-month transition period, the UK will finally leave the Customs Union and the European Single Market on 1 January 2021.