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You often here children crying for their mothers while going to school for the first time. They need some kind of assurance that they have them around. You can relate the deal between EU and UK somehow.
The UK was reluctant to start all over again and all of a sudden plan ways to make the situation steady while the big day approaching very fast. EU countries access and the border ease which was a part of the deal until it is a member of the common market was going to end soon and this was a frightening situation for the policymakers.
But there has been a big release for the bloc with the news of a trade agreement between UK and EU. Some part of the news is misleading as the chief negotiator Michel Barnier described well about what is in control of EU and it can be withdrawn or granted without consultation.
But the good news is that the deadlock which was hovering over the trade sector has lifted giving confidence to the traders.
In the long term, this deal will prove to be good for the UK. Many do criticize and reject the idea of this but this was important to keep the trade and cargo flow from the borders of EU countries stable.
It takes years to make suitable and agreeable rules and then implements them after the agreement. Now, there are already established rules with some changes of course but at least you do have a concrete line to follow.
The agreement respects the independence of the countries and equivalence is also granted under different rules now. So now the UK government has taken itself out of that dark place where nothing was visible.
A Businessman needs some assurance of payback when investing in an across the border trade and this was at stake when a hard Brexit was expected. Pond responded in a positive way to this change and there has been a more than 1.1% increase which further jumped as the day passed.
This positive environment will certainly put a good impact on the drowning ship and it will start to rise with buoyancy. This will certainly attract the international trade and the problem of border strictness and tariff rise while passing from the EU partner borders will no longer be there to a large extent.
Why stressing this trade area, while because India is a willing country to keep the trade and cargo exchange as it is now. There has been an increase in the trade figures despite the bewildering situation. The relation between these two countries is always strengthened by the passing time.
But this does not mean that unsolved issues are not between these two, they are actually part and parcel for each other. India is now a prominent country in the international trade market and is sharing in UK economy as the UK is doing in Indian sectors.
