On November 21, it was reported that the UK and the EU agreed on the text of a political declaration on the terms and conditions of Brexit. This text reached the media. Here is a brief analysis of Brexit terms and conditions spelled out in the document:
- The issues connected with exchange and protection of personal data between Britain and the EU remain unchanged
- The UK will pay compensation for Brexit to the EU budget annually
- London will continue to participate in EU projects
- Northern Ireland question is postponed
- Britain might never completely leave The EU Customs Union
- Some specialized agencies of the EU retain influence on Britain
- Britain will not receive any exclusive benefits or bonuses in trade matters
- London will lose access to some parts of the EU databases
- Britain gets back its right to control borders and the flow of goods and people, as Prime Minister Theresa May wanted
- The UK gains full foreign-policy independence, including the imposition of sanctions
- Britain and the EU will cooperate on security issues more closely, which will become the cornerstone of bilateral policy
- The EU court retained its influence in disputes between Britain and the Union
Iliya Kusa
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