After Brexit on Jan 31st 2020 and interruptions due to Covid 19, the UK and EU are back to negotiations on the future EU-UK relationship.
This graphic shows the process on one page with links to key documents notably related to future conditions of trade. There are huge differences, so reaching a good deal with sufficient time for business to prepare is a challenge to say the least – especially as virtual negotiations are not so amenable to finding the necessary compromises.
While the EU has indicated readiness to extend the transition period, the UK government has maintained ideological opposition. More and more business and civil society stakeholders are calling for extra time so that a solution can be found to avoid the double whammy of introducing trade barriers and legal uncertainties when they are struggling to deal with the Covid 19 crisis.