Brexit policy

Definition

Brexit policy refers to the set of rules, regulations, and agreements that govern the withdrawal of the United Kingdom from the European Union. It encompasses various aspects such as trade, immigration, and economic cooperation.

Related terms

European Union (EU): The EU is an economic and political union of 27 member countries located primarily in Europe. It plays a significant role in shaping policies related to trade, migration, and other areas affecting its member states.

Article 50: Article 50 is a provision in the Treaty on European Union that outlines the process for a member state to withdraw from the EU. It sets a two-year timeline for negotiations between the withdrawing country and the EU.

Customs Union: A customs union is an agreement between multiple countries to eliminate tariffs on goods traded among them while maintaining common external tariffs towards non-member countries.