AP: European Union nations assess Brexit trade agreement with UK

The fast-track ratification of the post-Brexit trade deal between the U.K. and the European Union got underway on Christmas Day as ambassadors from the bloc’s 27 nations started assessing the accord that takes effect in a week, ekathimerini.com reports.

At Friday’s exceptional meeting, the ambassadors were briefed about the details of the draft treaty, which is believed to be nearly1,250 pages long, by the EU’s chief Brexit negotiator Michel Barnier.

They are set to reconvene again on Monday and have informed lawmakers at the European Parliament that they intend to take a decision on the preliminary application of the agreement within days.

While voicing their sadness at the rupture with Britain, EU leaders are relieved that the tortuous aftermath of the Brexit vote had come to a conclusion in Thursday’s agreement on future trade ties.

All member states are expected to back the agreement as is the European Parliament, which can only give its consent retrospectively as it can’t reconvene until 2021. British lawmakers have to give their approval, too and are being summoned next week to vote on the accord.

Both sides claim the agreement protects their cherished goals.

Read the full article here.

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