U.K. Parliament Approves Post-Brexit Trade Deal

It has many critics, however. Representatives of trawler fleets have accused Mr. Johnson of caving in to the European Union over fishing rights, and business leaders fret about the additional costs and administrative burdens resulting from the deal, and by the fact that little was achieved for the services sector, which accounts for about four-fifths of the British economy.

While the European Union exports more goods to Britain than it imports, the reverse is true with services.

Among those who said they would support the deal, but with reservations, was Theresa May, the former prime minister who lost her job after failing, on several occasions, to persuade Parliament to support her plan to extract Britain from the bloc.

Mrs. May attacked the Labour Party for opposing her blueprint from 2019 and pointed to gaps in Mr. Johnson’s agreement.

“We have a deal in trade that benefits the E.U., but not a deal in services which would have benefited the U.K.,” she said.

Article source: https://www.nytimes.com/2020/12/30/world/europe/brexit-deal-uk-parliament.html