December 25, 2020 1:55 PM

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European Union and Britain reach an agreement over post-Brexit trade

European Union and United Kingdom have struck a post-Brexit trade deal, after months of negotiations over future business rules, just a week before the deadline. The British government has announced that the deal is done. <br />''<br />''British Prime Minister Boris Johnson declared that they have completed the biggest deal yet worth 668 billion pound a year. He said it will protect jobs across this country and enable UK goods to be sold without tariffs, without quotas in the EU market. Mr Johnson said, it is a good deal for the whole of Europe. The Britain's Parliament is set to vote 30th of this month on the deal.<br />''<br />''European Commission president Ursula von der Leyen said, this was a long and winding road but we have got a good deal to show for it. She said, the deal was fair and balanced and UK remains a trusted partner.<br />''<br />''Once ratified by EU leaders, the European parliament, and the UK government, the agreement will ensure Britain and the 27-nation bloc can continue to trade in goods without tariffs or quotas after the UK breaks fully free of the EU on 1st of next month.<br />''<span style="color: #222222;"><br />''The UK is set to exit EU trading rules by 31st of this month – a year after officially leaving the bloc.</span><br />

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