European Union ministers have approved a new set of guidelines for a transition period following Great Britain’s exit from the bloc. The EU is offering the UK a “status quo” transition, but no decision-making power after it leaves.
Government ministers from the EU on Monday agreed to a transition period lasting from March 2019 to December 31, 2020 that will phase out Great Britain from the bloc once it officially leaves next year.
Even though the ministers agreed to allow Britain access to the EU’s single market during that time, the UK will have no decision-making power.
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Source: dw.com
