IMPACT OF COVID-19 ON BREXIT NEGOTIATIONS: A LEGAL PERSPECTIVE
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https://doi.org/10.55662/Keywords:
Brexit, COVID-19, European Commission, Economic crisis, WTO Regulations, No Deal Brexit, Free Trade DealAbstract
On June 23, the United Kingdom held a referendum and 51.9% voted to leave the European Union. The exit of the UK from the EU is termed ‘Brexit’. Ever since World War II, there has been a rise in the economic and cultural globalisation and political integration especially in Europe under the European Union. Brexit will put an end to this trend. Leaving Europe means the UK will be treated as any other foreign country by all the other continuing members of the EU. New trade barriers will be imposed on exchange of goods, services and people. Brexit greatly affects not only the UK but also the EU and the rest of the world. It has been a topic of discussion ever since the 2016 referendum was held. It has wide implications on various fields from the trade sector to the health care sector. Brexit is currently in the transition period till the end of 2020. The UK and EU are negotiating agreements with each other. However, it is speculated that there is a high possibility of not reaching any agreement. In which case the rules of WTO are bound to apply for trade matters. Now, the outbreak of COVID-19 complicates things even more. This paper essentially aims to discuss the impact of Brexit on the legal system and laws in the UK. It also examines how things will unfold in case of a ‘No Deal Brexit’. It then progresses into discussing the impact of the global pandemic on Brexit.
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