Britain completes formal economic break with European Union after 48 years
Britain has completed its economic break from the European Union after a 48-year partnership with the trading bloc.
At 11 p.m. on Thursday the time in London, the U.K.left the single market and customs union, a year after the country left the EU politically almost a year ago.
Britain remained part of the EU economic structures until today.
The move had allowed people, goods, and services to flow freely across more than a dozen countries.
With the end of the economic partnership came a new trade deal with new restrictions.
“But to Brexit supporters, the arrangement reclaimed national independence from the Brussels based bloc,” noted the Associated Press.
Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.
