Today the UK-EU Partnership Council has agreed to extend the date on which provisional application of the Trade and Cooperation Agreement (TCA) will cease from 28 February 2021 to 30 April 2021.
The decision was taken by written procedure: the EU co-chair of the Partnership Council, Vice-President Maroš Šefčovič, proposed extension by letter on Friday 19 February, and the current UK co-chair, the Chancellor of the Duchy of Lancaster, agreed to this proposal today, 23 February. This exchange of letters formalises the adoption of the decision. Copies of the letters and the draft decision have been published on GOV.UK.
Provisionally applying the TCA was not the UK’s preferred outcome in the first place, given the uncertainty it creates for businesses, individuals and the Parties. The extension of provisional application prolongs that uncertainty and it is disappointing that the EU did not complete its internal procedures in the timeframe set out in the TCA. We expect the EU to meet the new timeline.