The European Commission has today published a draft text of the transitional arrangements proposed to be included in the Article 50 Withdrawal Agreement, following the United Kingdom’s request to remain in the Single Market and the Customs Union for a short time-limited period after its withdrawal from the European Union on 30 March 2019. Today’s text reflects the mandate provided to the Commission by the Member States on such possible transitional arrangements. In particular, it translates into legal terms the principles set out in the European Council guidelines of 29 April 2017 and 15 December 2017, as well as the negotiating directives adopted on 29 January 2018. As the UK would remain, in effect, part of the Single Market and the Customs Union (with all four freedoms) until 31 December 2020, the UK will remain bound by EU law and the jurisdiction of the European Court of Justice. Union acquis will continue to apply in full to and in the UK during this period. Any changes made to the acquis during this time are proposed to be automatically applied. It is also proposed that the UK will no longer be represented in Union institutions, agencies, bodies and offices. The draft text will now be discussed amongst the EU27 Member States before being formally transmitted to the United Kingdom
To read the position paper, please click here.