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The Real Brexit Negotiations Start Now

It is not an exaggeration to argue that the real negotiations about the future relationship between the United Kingdom and the European Union are starting only now. The UK can now look forward to painful grind of negotiations and policy implementation, probably lasting many years.

NEW YORK – With the United Kingdom set to withdraw from the European Union at 23:00 GMT on January 31, Prime Minister Boris Johnson will finally achieve the Brexit he has championed for the last four years. But, as the saying goes, be careful what you wish for.

Four issues were part of the divorce agreement that Johnson concluded with the EU and Parliament approved this month: future contributions to the EU budget, the treatment of legacy citizens (both EU citizens in the UK and British citizens living in the EU), Northern Ireland’s place in the EU customs union and single market, and the continuing jurisdiction of the European Court of Justice.

But even at this late hour, there is still pervasive uncertainty about the nature of the trade regime, the wider economic relationship, and the political relationship between the UK and the EU that will prevail after the transition period ends. Comparable uncertainty surrounds the nature of the trade regimes and wider economic arrangements the UK will enter into with non-EU states. And, despite Johnson’s emphatic assertions that there will be no extension of the transition period, his failure to deliver Brexit on October 31 last year, as promised, suggests that we should never say never.

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