Negotiations: European Union vs. UK
Renegotiation of British-European Trade Relations
For more than three years, representatives of the United Kingdom and the European Union have been negotiating the terms of the planned withdrawal of the United Kingdom from the European Union, or its well-known name, Brexit.
With the ratification of the withdrawal agreement by the UK as well as other EU state governments and United Kingdom’s departure from the organization thereupon, the need for the establishment of Free Trade Agreement treaties between the sides have become of significant importance.
The delegates of this committee are expected to act on their stakeholders’ behalves, negotiate a deal governing the Brexit process and the EU’s future relationship with the UK, and pass a neatly typed, binding document laying out clearly the agreement between the UK and the EU-27 states governing Brexit in consequence. It is worth mentioning that for the deal to be adopted, signatures of all delegates present in the negotiation and voting process are required.
Keeping in mind that the trade between sides might nosedive, mutual investments and cooperation might be compromised, EU citizens living in the UK as well as British subjects working and living in the rest of the EU might suffer, failure to negotiate a deal could spell disaster not only for the United Kingdom, but for all European Union member states. Brexit is likely to be the biggest and most serious rupture in the world’s largest combined market and economy and how Brexit turns out will depend on the nature of the separation deal agreed between the sides within this committee, therefore delegates will have to assume a weighty, if hypothetical, responsibility, in conducting the negotiations for the free trade agreement treaties.