Information about Brexit
Many things changed when the UK’s withdrawal from the EU entered into force on 1 January 2021. The changes brought on by Brexit will have an impact on Finnish people and companies operating in Finland. The relationship between the EU and the UK will be significantly more distant than before.
On Christmas Eve, 24 December 2020, the EU and the UK concluded their negotiations on the Trade and Cooperation Agreement (TCA) and the complementary agreements on security of classified information and nuclear cooperation.
The EU countries decided on 29 December 2020 that the three agreements could be applied provisionally from 1 January 2021. The European Council adopted the decision by written procedure on 29 December 2020. This prevented a “no-deal” scenario after the end of the transition period on 31 December 2020.
The provisional application of the agreement is set to continue until 28 February 2021. The European Parliament is expected to approve the agreements by then. The Council, i.e. the Member States, will subsequently make a separate decision on the approval of the agreements and they will enter into force definitely.
Decision-making in Finland
In Finland, the Ministerial Committee on European Union Affairs decided on 28 December 2020 that the agreements negotiated by the European Commission and the United Kingdom, when assessed as a whole, were in line with the EU’s and Finland’s negotiating objectives. The Grand Committee of Parliament formulated Parliament’s position on the same day.
Press release on the meeting of the Ministerial Committee on European Union Affairs on 28 December
Follow-up Union communication discussed by the Ministerial Committee on EU Affairs on 28 December (in Finnish)
Press release on the meeting of the Grand Committee on 28 December 2020 (in Finnish)
Withdrawal agreement and negotiations on the new relationship
The United Kingdom’s withdrawal from the European Union entered into force on 1 February 2020. With the entry into force of the withdrawal agreement, a transition period began that lasted until the end of 2020. During this time, the EU’s current rules remained in force and the EU and UK negotiated the terms their future relationship. During the transition period, the UK had all the rights and obligations of a Member State. The only significant exception was that the UK no longer participated in EU decision-making or in the activities of EU bodies.
The relationship between the EU and the UK
The EU and the UK negotiated the terms of their new trade and cooperation agreement during the transition period in 2020.
Effects of Brexit on citizens
This website provides more detailed information on the effects of Brexit on Finnish and UK citizens.
Effects of Brexit on Businesses
The UK’s withdrawal from the EU also affects businesses operating in Finland.
The withdrawal agreement dismantled all cooperation based on the UK’s EU membership in an orderly manner.
During the transition period, the new relationship between the EU and the UK was renegotiated separately for each policy sector.