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22 November 2018

UK and European Union

Under the terms of the draft withdrawal agreement, there will be a 21-month transition period after the UK leaves lasting to the end of 2020. The future relations document sets out the basis for economic, security and defence co-operation from the start of 2021 onwards. The UK has said it hopes to agree a trade deal by then although most observers believe it will take much longer, based on other trade agreements.

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