The information of the ambassadors of the EU member states was “fairly sober”, a European diplomat instructed AFP.

“It was not an ideal pleasure, as a result of a divorce just isn’t excellent information,” he mentioned.

A provisional English model was introduced to the ambassadors.

“The textual content, which has 1,200 pages, can be examined till Monday, to ascertain that there are not any hidden matters that would increase points,” the diplomat mentioned.

A brand new assembly of ambassadors is scheduled for Monday, with a view to launching the signing of the draft settlement by Member States and its approval by the European Parliament (EP).

Member States are as a result of assist and signal the textual content on Tuesday night or Wednesday.

The doc will then be revealed within the Official Journal of the EU on Thursday for entry into power on Friday, 1 January 2021.

The 27 are additionally to determine on the provisional software of the settlement, because it has not been ratified, with a view to leaving the dominion out of the one market.

This provisional software would final two months, the quoted diplomat specified.

Member States are additionally to debate autonomous measures determined unilaterally with a view to sanctioning non – compliance with the settlement by the UK.

“It have to be determined how the measures can be taken,” the quoted diplomat mentioned.

In the course of the assembly, the ambassadors additionally mentioned how to reply to a communication thought of “too aggressive” and “very populist” by the British Authorities in presenting each the Withdrawal Settlement (Brexit Settlement) and the post-Brexit commerce settlement.

FIVE BILLION EUROS FOR BUSINESS

“The EU will bear in mind what the settlement incorporates, how the EU’s pursuits have been defended in opposition to the dangers of unfair competitors, what permits and what doesn’t enable the settlement to be prevented, as a result of the UK has left the inner market and the Customs Union,” he mentioned.

The EU will then implement the measures envisaged to assist EU companies and sectors of exercise, together with fisheries, weakened by the financial penalties of the UK ‘s departure.

A finances of 5 billion euros has been offered for this – by way of nationwide tires.

“Group funds can be out there in March 2021, however pre-financing is offered to keep away from losses, and they are going to be retroactive from January 1, 2021,” the diplomat mentioned.

The settlement was concluded on Thursday, on Christmas Eve, at 14.44 native time (15.44, Romanian time).

By means of this financial and commerce partnership, the EU gives its former member entry – with out customs duties and quotas – to its 450 million shopper market, however gives for sanctions and compensatory measures in case of non-compliance with the doc within the subject of state assist. , setting, labor regulation and taxation, as a way to keep away from any dumping.