factbox:-key-milestones-on-britain’s-road-to-brexit,-and-beyond

Factbox: Key milestones on Britain’s road to Brexit, and beyond

LONDON (Reuters) – Prime Minister Boris Johnson has set a course to take Britain out of the European Union, and negotiate new free trade deals with Brussels and the United States.

FILE PHOTO: A British Union flag and an EU flag in Parliament Square in London, June 19, 2016. REUTERS/Neil Hall

Here are the key dates and deadlines to look out for:

Dec. 19 – Johnson sets out his revised agenda for government in a speech read by Queen Elizabeth at the formal state opening of parliament.

Dec. 20 – Johnson presents his Brexit legislation to parliament. This will be the first of several stages that will implement his exit deal into law. Because Johnson won a large majority at an election last week, he is not expected to have any difficulty passing the so-called Withdrawal Agreement Bill.

January – Parliament resumes, and the Withdrawal Agreement Bill is debated and eventually passed into law.

Jan. 31 – Britain is scheduled to leave the EU.

Relations with the EU remain virtually unchanged under the terms of a temporary transition arrangement designed to allow the agreement of a future relationship with the EU based around a long-term free trade deal.

Johnson has the option to extend this transition period, but has promised not to and wants to enshrine this promise in British law.

February/March – Finance minister Sajid Javid is due to announce a budget that sets out how Johnson’s government will meet its election promises on public spending and taxes.

Having left the EU, Britain is free to pursue trade deals with non-EU countries. The United States is top of its list, and the government

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