Following the Christmas Eve announcement by the UK’s Prime Minister, Boris Johnson, that the UK and EU have reached agreement on their future relationship, the governments of each of Jersey and Guernsey have approved the UK-EU Trade and Cooperation Agreement.
Both Jersey and Guernsey called urgent parliamentary sessions on Sunday (27th December), because the governments of the Crown Dependencies were required to formally consider the agreement and give consent (or otherwise) to the UK’s Government. before the end of the Brexit transition period on 31 December 2020.
Guernsey’s government unanimously approved its participation following deliberation, and voted 37-0 to confirm their endorsement of the deal.
Representatives from the 27 European Union (EU) member states have unanimously approved the EU-UK post-Brexit trade deal, meaning that it is likely to become law on 1st January 2021, as the UK Parliament is expected to approve it on Wednesday.
The deal sets-out the framework for trade, when the UK leaves the EU single market and customs union on 31st December.
The Draft EU-UK Trade and Cooperation Agreement can be read here.