As previously reported on December 15, 2020, the Mexican
Secretary of Economy and the Secretary of State for International
Trade of the United Kingdom issued a joint statement to communicate
the signing of the
UK-Mexico Trade Continuity Agreement (the
Continuity Agreement).
This document intends to summarize some relevant facts and
provisions relating to the Continuity Agreement.
Origin
As we know, on June 23, 2016, voters in the United Kingdom of
Great Britain and Northern Ireland (UK) decided in
a referendum to leave the European Union (EU).
Negotiations began for the UK to leave the EU, which ended with
a Withdrawal Agreement and a Political Declaration (respectively,
Agreement on the withdrawal of the United Kingdom of Great Britain
and Northern Ireland from the European Union and the European
Atomic Energy Community, and Political Declaration setting out the
framework for the future relationship between the European Union
and the United Kingdom).
