After the WAB becomes law, the withdrawal agreement must also be ratified by the European Parliament. The declaration on the future relationship between the European Union and the United Kingdom, also known as the Political Declaration, is a non-binding declaration, negotiated and signed at the same time as the mandatory and broader withdrawal agreement on the uk`s withdrawal from the European Union (EU), known as Brexit, and the planned end of the transition period. Unlike the withdrawal agreement, this document is not legally binding. Since March, the EU and the UK have continued regular negotiations despite the difficulties associated with the COVID 19 pandemic. The EU is conducting its negotiations on the basis of the mutually agreed political declaration. However, significant differences have not yet been resolved in some areas. These differences include fair competition, horizontal management of each agreement and fisheries. EU and UK negotiators Michel Barnier and David Frost and their teams have recently stepped up their negotiations. The clock is ticking, because an agreement must be reached quickly to have time for ratification by the European Parliament. The UK will withdraw from the Euratom Atomic Energy Treaty.
But a future agreement will involve a large-scale cooperation agreement. The British Parliament approved the draft agreement by adopting on 23 January 2020 the implementing laws (the 2020 Withdrawal Agreement Act) of the European Union (withdrawal agreement). Following the signing of the agreement, the UK Government adopted and tabled the UK`s ratification instrument on 29 January 2020.  The agreement was ratified by the Council of the European Union on 30 January 2020, after approval by the European Parliament on 29 January 2020. The UK`s withdrawal from the EU came into force on 31 January 2020 at 11 .m GMT, when the withdrawal agreement came into force in accordance with Article 185. This triggered Article 50 of the Treaty on the European Union, which defines the procedure for the withdrawal of an EU member state, thus opening a two-year countdown to withdrawal. Before the withdrawal, a withdrawal agreement was negotiated to ensure that the main political and economic relations between the EU and the UK were not separated overnight. The agreement has been in force since 1 February 2020, when the UK left the EU. It provides for a transition period until 31 December 2020, during which time EU legislation will continue to apply to the UK and the UK will continue to be part of the EU internal market and the EU customs union.
During this transition period, the EU and the UK are negotiating their future relations. The political declaration on future relations, adopted by both sides, accompanies the withdrawal agreement and sets the framework for the negotiations. The new political declaration sets out the framework for future relations between the European Union and the United Kingdom and reflects the Government`s desire to conclude an ambitious, comprehensive, deep and flexible partnership on trade and economic cooperation with the EU, with a free trade agreement with the EU, in addition to security agreements and other areas of cooperation.