EU leaders have signed off the withdrawal agreement between the UK and the EU, as well as the political declaration on the framework for the future relationship between the UK and the EU. The political declaration is an outline of what a future EU-UK trade agreement might look like. But the trade agreement has yet to be negotiated and that process won’t start until the UK has left the EU on 29th March 2019. If negotiations are quick (and successful) then the intention is that the future trade agreement between the EU and the UK would come into force at the end of the transition period (31st December 2020, but the transition period could be extended).
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