The Withdrawal Agreement has been a hot topic since it was first introduced in 2018, and with it, comes a lot of speculation about who will benefit from it. As a professional, I’ve put together this article to discuss the beneficiaries of the Withdrawal Agreement.
1. UK citizens living in the EU
One of the biggest beneficiaries of the Withdrawal Agreement are UK citizens who currently live in the EU. The agreement means that they will be able to continue living in their current country of residence, with their existing rights protected, including access to healthcare, education, and social security.
2. EU citizens living in the UK
Similarly, EU citizens who are living in the UK will be able to continue to do so, with their existing rights protected. This means that they will be able to access healthcare, education, and other benefits that they are entitled to.
3. Businesses that rely on trade between the UK and the EU
Another group that will benefit from the Withdrawal Agreement are businesses that rely on trade between the UK and the EU. The agreement includes a transition period, during which time trade will continue without any additional tariffs or barriers. This will provide businesses with some certainty, allowing them to plan for the future and adapt to any changes that may arise.
4. The UK and EU economies
Overall, both the UK and EU economies will benefit from the Withdrawal Agreement. The agreement provides a level of stability and certainty, which has been lacking since the Brexit referendum in 2016. This will help to boost investor confidence and provide businesses with some much-needed clarity, which will help to drive economic growth.
In conclusion, the beneficiaries of the Withdrawal Agreement are numerous, from UK citizens living in the EU and EU citizens living in the UK, to businesses that rely on trade between the UK and the EU, and the wider economies of both the UK and EU. While there is still much uncertainty surrounding the outcome of Brexit negotiations, the Withdrawal Agreement provides some much-needed stability and certainty, which will benefit a range of stakeholders.