Brexit Deal is finally Done

Brexit Deal Approved

The UK Parliament finally approved the Brexit Agreement on 09 January 2020. With this, the way for Britain to exit the European Union on 31 January has been paved.

The move is historic, as the agreement was stuck in the British Parliament for more than a year.

After that Britain will become the first country to exit from the European Union (EU).

There were 330 votes casted in favor of the Brexit Agreement and 231 votes in opposition.

Britain’s House of Commons approved Prime Minister Boris Johnson’s separation from the EU on 31 January 2020.

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However, the ‘EU-UK Withdrawal Agreement Bill’ is yet to be passed by the House of Lords and the European Parliament. It is being considered as a mere formality now.

Brexit means Britain’s exit from the European Union. Britain has decided to exit the European Union. Therefore, exit process has come to be known as ‘Brexit’.

Earlier, on June 23, 2016, 51.89 percent of people voted in favor of Britain’s separation from the European Union in a referendum.

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The European Union (EU) is a powerful group of 28 countries. Countries like France, Germany and Britain are financially and politically connected in this group. The EU recognizes member nations as a single market.

The European Union follows a policy of trade, fishing, regional development for all member states.

The EU introduced the common currency ‘Euro’ in the year 1999 which was then adopted by fifteen member countries.

The EU was also awarded the Nobel Peace Prize in 2012 for its contribution to the advancement of peace and reconciliation, democracy and human rights in Europe.

Britain became a member of the 28-member European Union in the year 1973.

Finally Britain’s nearly five-decade-old association with Brexit will end completely.

Britain will be the first country to do so.

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