The EU and the UK have reached an agreement on the withdrawal agreement with a revised protocol on Ireland and Northern Ireland (abolition of the “backstop”) and a revised political declaration. On the same day, the European Council (Article 50) approved these texts. The agreement defines the goods, services and processes associated with them. Any provision of goods or services legally put on the market before leaving the EU may be made available to consumers in the UK or in the EU Member States (Article 40-41). One area in which changes can occur at the end of the transition period (whether the Northern Ireland Protocol comes into play or not) is European Works Councils (EwBr), as the current EEC regime can only be pursued with EU cooperation. However, the agreement remains silent on what will happen with regard to the EREs, so we are still waiting for the details of the proposal in this area. The 599-page withdrawal agreement covers the following key areas: If the employer has doubts about the performance of financing obligations during the transitional period, it should be consulted on the nature and extent of these commitments. Employers should be willing to contact DB plan administrators who want to understand the impact that the employer`s ability to support the system and contingency plans may have. The project contains ten annexes. The first is a protocol to maintain an open border between the EU and the UK on the island of Ireland (usually known as the “Irish Backstop”). The second is the rules for establishing a common customs territory between the EU and the UK until a technical solution that allows both an open border and an independent customs policy can be found. The third area concerns the activities of the common customs territory. The fourth area concerns “good governance in the areas of taxation, environmental protection, social and labour standards, state aid, competition and state-owned enterprises.
The five to eighteen provisions relate to the relevant provisions of EU law. In the ninth and tenth versions of the procedures that arise from the main sections of the project. The agreement provides for a transitional period that will last until at least 31 December 2020. During this period, the UK will remain in the EU customs union and internal market, and most of the EU legislation will continue to apply to the UK, but the UK will lose the opportunity to participate in EU legislation and the benefits of free trade agreements with third countries.