Four Years of Brexit Drama Ends as EU Lawmakers Back Deal



Richard Bravo and Katharina Rosskopf | Bloomberg

European Union lawmakers gave their approval to the post-Brexit trade accord with the U.K., marking the final step in the ratification process and the end of four years of political brinkmanship.

Members of the EU’s legislature voted to give their consent to the EU-U.K. Trade and Cooperation Agreement with 660 supporting and five against, ensuring that commerce will continue without the chaotic disruption to business a no-deal Brexit once threatened.

But the deal has left businesses grappling with additional paperwork, and it doesn’t necessarily spell an end to hostilities between the two sides. London and Brussels are still at loggerheads over how the accord will work in Northern Ireland, while the EU’s threat to jeopardize Britain’s supplies of coronavirus vaccines has soured relations.

On Tuesday, European Commission President Ursula von der Leyen warned that the bloc won’t hesitate to act if Britain breaches the terms of the trade deal.

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