EU and UK Agree Revised Brexit Deal

The EU and U.K. have, in principle, agreed new terms for the withdrawal agreement giving effect to the U.K.'s exit from the European Union. These include a revised political declaration and protocol concerning Northern Ireland replacing the controversial backstop. An amended unilateral declaration on consent in Northern Ireland by the U.K. has also been published. The new Withdrawal Agreement provides for a transitional period from the day the U.K. exits the EU until December 31, 2020. That period may be extended for a period of one to two years, if agreed between the EU and the U.K by July 31, 2020.

View the revised Withdrawal Agreement and Political Declaration.

View our client note providing comparisons to the previous versions.

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