Updated 28 December 2020 at 22:36 IST

EU nations back post-Brexit trade deal with UK

European Union ambassadors gave their unanimous approval on Monday to the Brexit trade deal with the UK.

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EU nations back post-Brexit trade deal with UK | Image: self

European Union ambassadors gave their unanimous approval on Monday to the Brexit trade deal with the UK.

Germany, which holds the EU presidency, said the decision came during a meeting in Brussels on Monday to assess the Christmas Eve agreement.

It still needs approval from the EUโ€™s legislature, which is expected to come in February. The UKโ€™s House of Commons is expected to approve it on Wednesday.

The UK left the EU almost a year ago, but remained within the bloc's economic embrace during a transition period that ends at midnight Brussels time - 11 p.m. in London - on December 31.

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The agreement, hammered out after nine months of tense negotiations, will ensure Britain and the 27-nation bloc can continue to trade in goods without tariffs or quotas.

That should help protect the 660 billion pounds (US$894 billion) in annual trade between the two sides, and the hundreds of thousands of jobs that rely on it.

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Published By : Associated Press Television News

Published On: 28 December 2020 at 22:36 IST