×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 18 October, 2019

  • Min Read

BREXIT

All About Brexit

What is Brexit?

Brexit - British exit - refers to the UK leaving the EU.

What is the European Union?

The EU is an economic and political union involving 28 European countries. It allows free trade and free movement of people, to live and work in whichever country they choose.

The UK joined in 1973 (when it was known as the European Economic Community). If the UK leaves, it would be the first member state to withdraw from the EU.

Why is the UK leaving?

A public vote - or referendum - was held on Thursday 23 June 2016, to decide whether the UK should leave or remain.

Leave won by 52% to 48%. The referendum turnout was very high at 72%.

New Brexit deal:

The revised plan effectively creates a customs and regulatory border between Northern Ireland and Great Britain. This means some goods entering Northern Ireland from Great Britain would have to pay EU import taxes.
For goods that are at risk of entering the EU market, EU tariffs will be applied.
For goods entering Northern Ireland from third countries not entering the EU market, UK tariffs will be applied.

Why Delay in Brexit deal?

Due to Withdrawal Amendment Bill

What is Withdrawal Amendment Bill?


1. It sets out exactly how the UK will make "divorce bill" payments to the EU in future

2. It repeals the European Communities Act, which took the UK into the EU.

3. Setting up a customs and regulatory border between Northern Ireland and Great Britain.

4. It sets out areas in which the European Court of Justice still plays a role in the UK.

5. On workers' rights in the UK

6. Setting up an Independent monitoring authority (IMA) for grievance redressal of EU nationals.

7. In several policy areas, particularly in Northern Ireland, the bill gives ministers a lot of power to change the law (through secondary legislation) without MPs getting to vote.

Good Friday Agreement, 1998

The Belfast Agreement is also known as the Good Friday Agreement, because it was reached on Good Friday, 10 April 1998. It was a peace agreement between the British and Irish governments, and most of the political parties in Northern Ireland, on how Northern Ireland should be governed.


Source: THE HINDU


World bank logistic performance index 2023

India is now ranked 38th out of 139 nations in the Logistic Performance Index (LPI) 2023 of the World Bank. From its previous rankings of 44th in 2018 and 54th in 2014, this is a notable improvement. Earlier, the Logistics Ease Across Different States (LEADS) Report 2022 was published by the Ministry of Commerce and Industry. About Logi

Smuggling of Gold

Airports discovered more than 63% of this illegal gold. The Department of Revenue Intelligence recently conducted the Golden Dawn Operation across India, seizing 101.7 kg of illegal gold valued at Rs 51 crore. Despite the fact that India receives a legal import of about 800-1,000 tonnes of gold each year, the illicit market is thought to be

India-Thailand Relations

Both parties expressed satisfaction with the ongoing bilateral defence cooperation at the 8th India-Thailand Defence Dialogue, which was held in Bangkok, Thailand. Cultural ties and mutual cooperation that have been shaped by thousands of years of lasting historical and cultural ties characterise India and Thailand relations. Highlight

Translocation of Elephants

The Kerala government's appeal of the order of the Kerala High Court is rejected by the Supreme Court. The Kerala government's appeal against the Kerala High Court's directive to move Arikomban (Wild Elephant), the "rice tusker" of Munnar, to the Parambikulam tiger reserve was recently dismissed by the Supreme Court.

Global Buddhist Summit

Global Buddhist Summit In order to improve diplomatic and cultural ties with other nations, the Ministry of Culture recently organised the First Global Buddhist Summit 2023 in collaboration with the International Buddhist Confederation (IBC). About the summit "Responses to Contemporary Challenges: Philosophy to Praxis" is

Toppers

Search By Date

Post Feed

Newsletter Subscription
SMS Alerts