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2020-06-15

Confirmed: transition period ends 31 December 2020

Confirmed: transition period ends 31 December 2020
Regulatory

Introduction

Following todays videoconference of the British prime minister and the European leader, it is important to take note that:

  • the UK has confirmed that it will not extend the transition period;
  • The transition period end on 31 December 2020

On 15 June 2020, UK prime minister (Boris Jonhson) has met with the president of the European Council (Charles Michel) the president of the European Commission (Ursula von der Leyen and with the president of the European Parliament (David Sassoli) in a videoconference. The objective was to take stock of the progress  with the aim of agreeing actions to move forward in negotiations on the future relationship.

Following the press release of the European Commission:

"The Parties noted the UK's decision not to request any extension to the transition period. The transition period will therefore end on 31 December 2020, in line with the provisions of the Withdrawal Agreement.

The Parties welcomed the constructive discussions on the future relationship that had taken place under the leadership of Chief Negotiators David Frost and Michel Barnier, allowing both sides to clarify and further understand positions. They noted that four rounds had been completed and texts exchanged despite the challenges presented by the COVID-19 pandemic.

The Parties agreed nevertheless that new momentum was required. They supported the plans agreed by Chief Negotiators to intensify the talks in July and to create the most conducive conditions for concluding and ratifying a deal before the end of 2020. This should include, if possible, finding an early understanding on the principles underlying any agreement.

The Parties underlined their intention to work hard to deliver a relationship, which would work in the interests of the citizens of the Union and of the United Kingdom. They also confirmed their commitment to the full and timely implementation of the Withdrawal Agreement."

 

 

 

 

 



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