Started Jan 31, 2020 06:00PM UTC   •   Closing Jan 01, 2021 08:01AM UTC

  Fareed Zakaria GPS asks:

Before 1 January 2021, will the Council of the European Union request the consent of the European Parliament to conclude a European Union-United Kingdom trade agreement?

The United Kingdom exited the European Union on 31 January 2020. The Withdrawal Agreement transition period ends on 31 December 2020, though there is provision for a possible extension (Europa). If a trade deal is not concluded by the end of the transition period, there are fears that the ensuing “hard Brexit” could cause significant economic harm (BBC, Institute for Government). For more information on the EU trade negotiation process, please see (note stage #23): https://trade.ec.europa.eu/doclib/docs/2012/june/tradoc_149616.pdf. An example of the Council of the European Union requesting the consent of the European Parliament to conclude a trade agreement is the EU-Canada accord in 2016 (Europa).

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NOTE 12 October 2020: A qualifying trade agreement would not have to cover all trade issues to close the question. Also, an agreement governing the buying and selling of good and services would constitute a "trade agreement."


Name Probability
Yes 25%

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