Submitted by christian on Sun, 02/02/2020 - 17:49
During the transition period, the UK will retain the benefits of EU membership and will remain a part of the EU’s internal market and customs union. Simultaneously it will start trade negotiations with the EU. On the other hand, the UK will lose its representation in the European institutions and will not participate in EU decision-making. The post-Brexit transition period ends at the end of 2020. The UK has stated that it will not request an extension of the transition period.
