European Parliament approves Brexit agreement
European Parliament approves Brexit agreement

European Parliament approves Brexit agreement. The vote was 621 to 49 in favor of the Brexit deal, 13 abstentions.

The U.K will leave the EU on 31st January 2020. As Europian Parliament explains, “the transition period starting on 1 February is set to expire at the end of December 2020.”

“Any agreement on the future EU-UK relationship will have to be fully concluded before that point if it is to come into force on 1 January 2021.

The transition period can be extended once for one to two years, but the decision to do so must be taken by the EU-UK Joint Committee before 1 July,” Europian Parliament says in its statement.

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