If Britain and the EU do not ratify a new trade deal by that date, the default is that the UK will leave the EU without a trade deal on WTO (World Trade Organisation) rules – a “hard Brexit” scenario. The withdrawal agreement also contains provisions for the United Kingdom to leave the Convention setting the status of European schools, with the United Kingdom bound by the Convention and accompanying regulations on accredited European schools until the end of the last academic year of the transition period, i.e. at the end of the spring semester 2020-2021.  EU-27 leaders discussed Brexit and the preparation of negotiations on future EU-UK relations after the withdrawal. They reaffirmed their objective of establishing as close a relationship as possible with the United Kingdom in the future and welcomed the Commission`s decision to reinstate Michel Barnier. www.gov.uk/government/publications/eu-withdrawal-agreement-bill The most important elements of the draft agreement are:  Interim Agreement on Ireland/NI (revised): the 599-page withdrawal agreement covers the following main areas: On 6 September 2020, the Financial Times reported that the Uk Government was considering developing new legislation that would circumvent the protocol of the withdrawal agreement in Northern Ireland.  The new law would give ministers the power to determine which state aid should be notified to the EU and to define which products at risk of being transferred from Northern Ireland to Ireland (the withdrawal agreement stipulates that in the absence of a reciprocal agreement, all products are considered vulnerable).  The government defended this approach and stated that the legislation was in accordance with protocol and that it had only “clarified” the volumity in the protocol.  Ursula von der Leyen warned Johnson not to violate international law and said that the implementation of the withdrawal agreement by Britain was a “precondition for any future partnership”.  On 8 September, the Minister of Foreign Affairs for Northern Ireland, Brandon Lewis, told the British Parliament that the government`s internal market bill would “violate international law”.”  The Northern Ireland Protocol, known as the Irish Backstop, was an annex to the November 2018 draft agreement outlining provisions to avoid a hard border in Ireland after the UK`s withdrawal from the European Union. The protocol provided for a provision of the safety net to deal with the circumstances in which satisfactory alternative arrangements were to come into force at the end of the transition period.
This project has been replaced by a new protocol that will be described as follows. The 2019 revisions also adapted elements of the political declaration and replaced the word “appropriate” with “appropriate” with respect to labour standards. According to Sam Lowe, a trade fellow at the Centre for European Reform, the amendment excludes labour standards from dispute resolution mechanisms.  In addition, the Equal Competition Mechanism has been postponed from the legally binding withdrawal agreement to the political declaration, and the line of the political statement that “the United Kingdom will consider taking into account alignment with trade union rules in the relevant areas” has been removed.  On 15 November 2018, the day after the agreement was presented and the support of the British government cabinet, several members of the government resigned, including Dominic Raab, Secretary of State for leaving the European Union.  The reception of the agreement in the House of Commons ranged from cold to hostile, and the vote was delayed by more than a month.