The Brexit agreement has been a hot topic since the UK voted to leave the European Union in 2016. After three years of negotiations, a deal was finally reached in 2019. However, the terms of the agreement have continued to be debated and scrutinized ever since. In this article, we will dive into the terms of the Brexit agreement and what they mean for the UK and the EU.

The Brexit agreement is a legal document that outlines the terms of the UK`s departure from the EU. It covers a wide range of issues, including trade, immigration, and security. The agreement is a complex and lengthy document, but there are a few key terms that are worth examining in more detail.

One of the most contentious issues in the Brexit agreement is the Northern Ireland Protocol. This protocol establishes a special status for Northern Ireland, which will remain in the EU`s customs union and single market for goods. This means that there will be different trade rules for Northern Ireland compared to the rest of the UK.

Another key term in the Brexit agreement is the transition period. This period began when the UK officially left the EU on January 31, 2020, and ended on December 31, 2020. During this time, the UK continued to follow EU rules and regulations while negotiations on a long-term trade deal took place. The transition period was designed to give businesses and individuals time to prepare for the changes that will come with Brexit.

The Brexit agreement also includes provisions for trade between the UK and the EU. The agreement establishes a free trade area between the two sides, with no tariffs or quotas on goods traded between them. However, there are still some rules and regulations that businesses will need to follow, such as rules of origin requirements to determine where products are made and the level of tariffs that should apply.

In terms of immigration, the Brexit agreement sets out new rules for the movement of people between the UK and the EU. Free movement of people between the two sides ended on December 31, 2020. The UK has introduced a new points-based immigration system, which will treat EU and non-EU citizens equally. The system is designed to attract skilled workers who can contribute to the UK economy.

Overall, the terms of the Brexit agreement are complex and far-reaching. While the agreement has provided some clarity on the UK`s future relationship with the EU, there are still many issues that need to be resolved. Businesses and individuals will need to stay informed and prepared for the changes that will come with Brexit.