- The UK will maintain a “common rulebook” with the EU for trading in goods.
The Prime Minister of United Kingdom (UK) Theresa May has recently said that she won’t make any compromises with the European Union (EU) over the Brexit plan if it is not in the national interest.
According to the plan called ‘Chequers agreement’, the UK will maintain a “common rulebook” with the EU for trading in goods.
May further ruled out holding a second Referendum on Brexit.
Discussions with the EU officially started in June 2017, aiming to complete the withdrawal agreement by October 2018.
In June 2018, the UK and the EU published a joint progress report outlining agreement on issues including customs, VAT and Euratom.
The UK joined the European Communities (EC) in 1973, with membership confirmed by a referendum in 1975.