Thrusting Britain’s exit from the European Union, Queen Elizabeth II on Thursday approved the Government’s Brexit bill. The positive nod by the Queen establish the fact that the UK will most likely leave the European Union on January 31st, 2020.
Earlier the MPs in the Britain parliament have supported Prime Minister Boris Johnson’s Brexit deal with a majority.
“Her Majesty the Queen has now granted #RoyalAssent to the #BrexitBill which therefore becomes the #BrexitAct,” Brexit Secretary Steve Barclay said on Twitter. “Enshrined in law, this enables the UK to leave the EU on 31st Jan.”
What is Brexit?
For the unaware, Brexit refers to the United Kingdom leaving the European Union.
What is European Union
European Union is a pact between 28 European countries. Under the pact, the countries can indulge in free trade and free movement of people, to live and work in whichever country they choose.
The UK, which comprises four European countries namely England, Scotland, Wales and Northern Ireland, joined the EU in 1973.
Why does the UK want to leave?
A referendum (public voting) was conducted on 23 June 2016 wherein the government asked the people if whether they should leave or stay in Brexit.
Leave won by 52% to 48%. The referendum turnout was very high at 72%, with more than 30 million people voting – 17.4 million people opting for Brexit.
Has the Brexit deal been approved?
Prime Minister of Britain, Boris Johnson, tried to put a revised deal to a vote in Parliament on 19 October 2019. However, the vote did not go ahead. Many MPs wanted to postpone it until the legislation needed to turn the deal into law had been approved. MPs said this was to stop a possible no-deal Brexit.
Thereafter, Mr. Johnson called an early general election, to which MPs agreed. The election which happened on 12 December resulted in a Conservative majority of 80.
Eight days later, MPs voted 358 to 234 in favour of the Withdrawal Agreement Bill, which now goes on to further scrutiny in Parliament. The remaining stages of the bill are expected to be completed quickly in January.
If the UK Parliament gives green light to the Withdrawl Agreement Bill, UK will formally leave the EU on 31 January with a withdrawal deal.
This means the UK will have its own trade laws, people inwards and outwards movement laws and more.