Trade in services between the UK and EU post-Brexit [Archived]

Published by a LexisNexis Commercial expert
Practice notes

Trade in services between the UK and EU post-Brexit [Archived]

Published by a LexisNexis Commercial expert

Practice notes
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ARCHIVED: This Practice Note has been archived and is not maintained. It collates key developments relating to the trade in services generally between the UK and EU and a timeline of the UK/EU negotiations for their future trading relationship from Exit day (31 January 2020) up to IP completion day (31 December 2020). For information on the impact of IP completion day on the trade in services, see Practice Notes: What does IP completion day mean for Commercial? and What does IP completion day mean for the supply of services?

STOP PRESS: On 24 December 2020, the European Commission and UK government announced an agreement in principle on the legal terms of the future UK-EU relationship. Announced just one week before IP completion day, the EU-UK Trade and Cooperation Agreement (TCA), and associated agreements came at the eleventh hour, leaving little time to put in place the necessary legal and practical arrangements to make the deal fully operational. The deal was signed on 30 December 2020 and approved by the UK Parliament

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Jurisdiction(s):
United Kingdom
Key definition:
Brexit definition
What does Brexit mean?

means: (a) the United Kingdom (UK) ceasing to be a member state of the European Union (EU) and/or the European Economic Area (EEA) on exit day; and/or (b) the commencement, end of[ or variation in] any transitional, trading or other arrangements from time to time between: (i) the UK and the EU and/or EEA (including during any implementation period and IP Completion Day); and/or (ii) the UK and any other country, group of countries, international organisation, bloc or body (including the World Trade Organization) in contemplation of or (directly or indirectly) in connection with the UK’s said cessation of membership;

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