Can the UK Get a Deal by the End of 2020? - Brexit Explained

The video discusses the timeline and challenges of the UK-EU Brexit deal, focusing on key areas like fishing, financial services, data equivalence, and the Northern Ireland protocol. It highlights the complexity of negotiations and the ambitious timeline set by the UK government. The possibility of extending the transition period is explored, along with Prime Minister Johnson's stance on meeting the 2020 deadline.

What are the first two areas to be negotiated in the Brexit deal according to the October 2019 political declaration?

• Technology and innovation

• Healthcare and education

• Financial services and fishing

• Fishing and agriculture

Why is achieving equivalency in financial services between the EU and UK challenging?

• Due to the lack of existing equivalency requirements in some sectors

• Because it requires identical tax systems

• Because it involves changing currency

• Due to language barriers

What is the purpose of data equivalence agreements in the Brexit negotiations?

• To harmonize healthcare systems

• To standardize educational qualifications

• To facilitate easier data sharing across borders

• To unify tax policies

What is the Northern Ireland protocol primarily concerned with?

• Fishing rights

• Data protection

• Financial services

• Border checks between the UK and Northern Ireland

How long did the EU-Canada trade deal negotiations take?

• 10 years

• 3 years

• 5 years

• 7 years

What is the main reason for skepticism about meeting the 2020 Brexit deal deadline?

• Lack of interest from the UK

• Political instability in the EU

• Insufficient financial resources

• The complexity of the issues involved

What does Article 132 of the original withdrawal agreement allow for?

• An extension of the transition period

• A change in the Brexit deal terms

• A reduction in trade tariffs

• A new referendum on Brexit