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Article 50 of the Treaty on European Union (TEU) states that "Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements". As of 2022, the United Kingdom is the only former member state to have withdrawn from the European Union.
All EU law, across all policy areas, will still be applicable to and in the United Kingdom, with the exception of provisions of the Treaties and acts, which were not binding upon and in the United Kingdom before the entry into force of the Withdrawal Agreement. The same is true for acts amending such acts.
On 23 January 2020, Parliament ratified the agreement by passing the Withdrawal Agreement Act; on 29 January 2020, the European Parliament gave its consent to the withdrawal agreement. It was subsequently concluded by the Council of the European Union on 30 January 2020.
The Withdrawal Agreement between the UK and the EU will be an international agreement binding both parties as a matter of public international law. This has consequences for both parties, in accordance with the normal principles of their internal legal orders.
The withdrawal agreement provided for a transition period until 31 December 2020, during which time the UK remained in the single market, in order to ensure frictionless trade until a long-term relationship was agreed.