The UK government and the remaining 27 EU member states accept the draft agreement. The Brexit Withdrawal Agreement, officially titled “Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community”[3][4], is a treaty between the European Union (EU), Euratom and the United Kingdom (UK)[5], signed on 24 January 2020, which sets out the conditions for the United Kingdom`s withdrawal from the EU and Euratom. The text of the treaty was published on 17 October 2019[6] and is a renegotiated version of an agreement published six months earlier. The earlier version of the withdrawal agreement was rejected three times by the House of Commons, leading Queen Elizabeth II to accept the resignation of Theresa May as Prime Minister of the United Kingdom and Boris Johnson on 24 March. He was appointed as the new Prime Minister in July 2019. On 22nd October the British Parliament agreed to review the Brexit legislation. But he decided it needed longer than the British Prime Minister had proposed. This means that a withdrawal with an agreement on the scheduled Brexit date of 31 October is no longer possible. The Brexit deal will not come into force until the Brexit law is passed by the UK Parliament. EU leaders agree to postpone the Brexit date to 31 January 2020 or earlier if the UK and European Parliaments approve the Withdrawal Agreement by then. The agreement covers issues such as money, civil rights, border regulation and dispute settlement.

It also includes a transition period and an overview of the future relationship between the UK and the EU. It was published on 14 November 2018 and was the result of the Brexit negotiations. The agreement was approved by the heads of state and government of the remaining 27 EU countries[9] and the British government of Prime Minister Theresa May, but met with resistance in the British Parliament, whose approval was required for ratification. The consent of the European Parliament would also have been required. On 15 January 2019, the House of Commons rejected the Withdrawal Agreement by 432 votes to 202. [10] The House of Commons again rejected the agreement on March 12, 2019 by 391 votes to 242[11] and rejected it a third time on March 29, 2019 by 344 votes to 286. On 22 October 2019, the revised withdrawal agreement negotiated by the Boris Johnson government was published in the first stage in Parliament, but Johnson suspended the legislative process when the accelerated approval programme did not find the necessary support and announced his intention to call a general election. [12] On the 23rd.

In January 2020, Parliament ratified the agreement by adopting the Withdrawal Agreement. On 29 January 2020, the European Parliament approved the Withdrawal Agreement. It was then finalised by the Council of the European Union on 30 January 2020. One exception is that two WTO countries may enter into a bilateral trade agreement in order to grant each other preferential rates lower than the preferential rates required by WTO rules. .