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Britain Ends Long Brexit Journey with Economic Break from EU

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Britain has completed its economic break from the European Union. The formal move came at 11 p.m. Thursday in London.

Posted: Dec 31, 2020 8:27 PM

LONDON (AP) — Britain has completed its economic break from the European Union. The formal move came at 11 p.m. Thursday in London.

It ended a 48-year partnership with the trading bloc and started a new, more distant relationship between Britain and its continental neighbors.

The single market and customs union allows people, goods and services to flow freely across more than two dozen countries. A different trade deal took effect, bringing new restrictions and red tape. But to Brexit supporters, the arrangement reclaimed national independence from the Brussels-based bloc.

Britain left the EU politically almost a year ago but remained part of its economic structures until the end of 2020.

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