Economics

EU-U.K. Trade Deal Gets Nod From Bloc’s Top Envoys in Brussels

Green light paves way for accord’s entry into force on Friday
Tariff-free commerce to continue after post-Brexit transition

The pact reached by EU and U.K. negotiators on Dec. 24 will prevent tariffs from being imposed on two-way goods trade. — The pact reached by EU and U.K. negotiators on Dec. 24 will prevent tariffs from being imposed on two-way goods trade.
Photographer: Luke MacGregor/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Jonathan Stearns

December 28, 2020 at 11:07 AM UTC

This article is for subscribers only.

European Union ambassadors gave the go-ahead to the bloc’s draft free-trade agreement with the U.K., paving the way for the deal to take effect on Jan. 1.

“EU ambassadors have unanimously approved the provisional application of the EU-UK Trade and Cooperation Agreement as of January 1, 2021,” Sebastian Fischer, a Brussels-based spokesman for the German government, whose country currently holds the EU’s rotating presidency, said in a Twitter post on Monday.