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"The good news is that we are about to complete this process," he said. Casey said that the UK wanted to have an agreement with Sacu in place in the event of a "Brexit without agreement". The UK must leave the EU with or without an agreement on March 29, 2019. In the absence of an agreement, Britain would be immediately outside the EU's trade regime.
British Prime Minister Theresa May must accept the withdrawal agreement reached with EU leaders this week for a vote in the House of Commons. If the agreement was accepted by both British and European parliaments, then there would be a transitional period until December 2020, during which the United Kingdom would continue to fall under the trade regime of the United Kingdom. # 39; EU. This would mean that Sacu's trade relations with the United Kingdom would continue to be governed by the Economic Partnership Agreement with the EU.
It is planned to extend the transitional period until the end of 2022.
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