The U.K. formally confirmed Friday to the European Union it will not extend the Brexit transition period.
The U.K. officially left the EU Jan. 31, but the transition period lasts until Dec. 31, which means U.K. is still bound to some EU rules.
Cabinet Office minister Michael Gove tweeted:
I just chaired a constructive EU Joint Committee meeting with @MarosSefcovic
— Michael Gove (@michaelgove) June 12, 2020
I formally confirmed the UK will not extend the transition period & the moment for extension has now passed. On 1 January 2021 we will take back control and regain our political & economic independence pic.twitter.com/nZjNpez8LI
The full press conference by European Commission Vice-President Maroš Šefčovič following the second meeting of the EU-UK Joint Committee can be found here.
The BBC reports that checks on EU goods coming into the U.K. will be phased in 2021 to give firms "time to adjust."
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