<span style="color: #222222;">The European Parliament has ratified the post-Brexit European Union-United Kingdom trade deal – a key move to ensure that tariff-and quota-free trade continues. The Trade and Co-operation Agreement, TCA, has been operating provisionally since January. Members of European Parliament voted in favour by 660 votes to 5, while 32 abstained.</span><br />'' <br />'' <span style="color: #222222;">The UK's chief negotiator, Lord Frost, said that the vote brings certainty and will allow the UK to focus on the future. Prime Minister Boris Johnson spoke of a &quot;final step in a long journey&quot;. He said that the trade deal provides &quot;stability to the UK's new relationship with the EU as vital trading partners, close allies and sovereign equals.&quot; The result was also welcomed by European Commission President Ursula von der Leyen.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">However, Lord Frost's opposite number in the Brexit talks, Michel Barnier, reacted by calling Brexit a warning. He said that it is a failure of the European Union and that the EU has to learn lessons from it.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">Despite the TCA, Brexit tensions remain, including a French threat of &quot;reprisals&quot; against the UK over new fishing restrictions. Additionally, under a separate protocol, Northern Ireland remains de facto part of the EU's single market. It means that the goods arriving in Northern Ireland from Britain will have to undergo EU checks.&nbsp; Additionally, TCA only covers EU-UK trade in goods, but not services. The UK economy is dominated by services – sectors such as banking, insurance, advertising and legal advice. Among the areas not covered by the deal are foreign policy, financial services and student exchanges.</span><br />'' &nbsp;<br />
News On AIR | April 28, 2021 6:16 PM
European Parliament ratifies post-Brexit European Union-United Kingdom trade deal