On 29 December 2020, the Council of the European Union adopted a Decision on the signing and provisional application of the EU/UK Trade and Cooperation Agreement (TCA) and EU/UK Agreement on Security Procedures for Exchanging and Protecting Classified Information. Critically, it provides for the provisional application of the agreements from 1 January 2021, following approval in the UK Parliament and pending ratification in the European Parliament.
Though agreed in principle at the highest level, the deal requires ratification in the UK and European Parliaments before becoming fully operational. Following approval in the UK Parliament on 30 December 2020, the deal is to be applied provisionally from 1 January 2021, pending ratification in the European Parliament.
On 29 December 2020, the Council of the European Union adopted a Decision on the signing and provisional application of the EU/UK Trade and Cooperation Agreement (TCA) and EU/UK Agreement on Security Procedures for Exchanging and Protecting Classified Information. Critically, it provides for the provisional application of the agreements from 1 January 2021, following approval in the UK Parliament and pending ratification in the European Parliament.
Though agreed in principle at the highest level, the deal requires ratification in the UK and European Parliaments before becoming fully operational. Following approval in the UK Parliament on 30 December 2020, the deal is to be applied provisionally from 1 January 2021, pending ratification in the European Parliament.