What does Brexit mean for the UK now?

Brexit (which is simply a blended term combining both British and Exit) officially occurred on January 31, 2020 is the withdrawal of the United Kingdom from the European Union . This all stared after a UK-wide referendum in June 2016, where 52% voted to leave and 48% voted to stay in the EU. In its abstract, its basically a European union vs. a UK nationalism question with tons of collateral benefits and damages. After the referendum passed, the British government formally announced the country's withdrawal in March 2017, beginning the whole messy Brexit process which has been mired in controversy and massively politicized. Whether it is a good move now or not, only time will tell.

Brexit has several implications for the UK:

  1. Sovereignty and Control: Brexit, short for "British Exit," refers to the UK's decision to leave the European Union (EU). One of the main objectives of Brexit was to regain control over its laws, borders, and immigration policies.
  2. Trade and Economic Relationships: The UK is no longer a member of the EU's single market and customs union. This means that it has the ability to negotiate its own trade agreements with other countries and regions around the world.
  3. Customs and Border Checks: New customs checks and procedures have been implemented for goods moving between the UK and the EU. This affects businesses involved in international trade and can potentially lead to delays and increased costs.
  4. Regulatory Autonomy: The UK now has the freedom to set its own regulations and standards in areas like agriculture, fisheries, and industry. This allows for more flexibility in tailoring policies to specific national needs.
  5. Impact on Northern Ireland: The implementation of the Northern Ireland Protocol has resulted in a de facto customs border in the Irish Sea, with Northern Ireland continuing to follow some EU rules. This has created a unique situation for the region.
  6. Citizens' Rights: The rights of EU citizens in the UK, as well as UK citizens in the EU, have been addressed through agreements, ensuring a level of protection and continuity for individuals.
  7. Movement of People: While the free movement of people between the UK and EU member states has ended, new immigration systems have been put in place to manage the entry of foreign nationals into the UK.
  8. Security and Cooperation: The UK's relationship with EU institutions in areas like law enforcement, security, and foreign policy has changed. New agreements have been made to ensure continued collaboration.