Brexit update

EU gives Brits ‘Flextention’ until 31 January

The parties involved in Brexit waited for a week to see what the other would do. On Monday morning, the question of 'what now' became clearer. Donald Tusk announced that the 27 EU member countries had agreed to a new Brexit deadline. It has been extended to 31 January 2020.

These EU countries will soon have to continue without the UK. If the agreement is ratified before then, the Brits will leave the European Union sooner. Possible dates for that are 1 December or 1 January.

The Dutch agricultural and horticultural sector exports goods to the value of €8 billion to the UK every year. This concerns mainly fruit, vegetables, meat, flowers, and plants. Dairy products, sugar, seeds, and seed potatoes are also involved.

The same British sector exports €2 billion's worth of products to the Netherlands. Most people would, therefore, rather not have a 'no-deal' Brexit. With a deal, a transition period would follow until the end of 2020. During this time, the UK will still largely have to follow the EU rules.

For more about Brexit, follow The Guardian live blog.

Sources: The GuardianNOSLTO

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