The EU Withdrawal Agreement Bill (WAB) is a crucial piece of legislation that outlines the framework for the UK`s exit from the European Union. The bill includes all of the details that are necessary to finalize the UK`s withdrawal agreement with the EU, including issues such as citizen`s rights, trade arrangements, and financial agreements.
The EU Withdrawal Agreement Bill is designed to provide a legal framework for the UK`s exit from the European Union, which is scheduled for January 31, 2020. The bill is being introduced to the UK Parliament to be debated and voted on, with the hope that it will be passed in time for Brexit to go ahead as planned.
So what exactly does the EU Withdrawal Agreement Bill include? One of the most important elements of the bill is the agreement on the rights of EU citizens living in the UK, and UK citizens living in the EU. This includes the right to work, study, and access healthcare, as well as provisions for family members and the recognition of professional qualifications.
The bill also outlines the financial obligations that the UK will have to the EU as part of its exit. This includes a ”divorce bill” of around £39 billion, which will be paid as part of a settlement covering issues such as pensions and budget commitments.
The EU Withdrawal Agreement Bill also includes the framework for the future relationship between the UK and the EU. This will cover issues such as trade, security, and cooperation on key areas such as research and innovation.
It should be noted that the EU Withdrawal Agreement Bill is separate from the political declaration, which covers the UK`s future relationship with the EU. While the bill outlines the legal framework for the UK`s exit, the political declaration provides the non-binding framework for future negotiations between the two sides.
In conclusion, the EU Withdrawal Agreement Bill is a crucial piece of legislation that outlines the framework for the UK`s exit from the EU. It covers a range of issues including the rights of citizens, financial obligations, and the future relationship between the UK and the EU. As the UK Parliament debates and votes on the bill, the future of Brexit hangs in the balance.