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<p>Through the Withdrawal Agreement the Government has agreed on the creation of a
free trade area for goods, combining deep regulatory and customs co-operation with
zero tariffs, no fees, charges or quantitative restrictions across all goods sectors;
the first such agreement between an advanced economy and the EU. Government analysis
published on 28 November considers the relative impacts of different trading relationships
in the long term, after the UK’s new relationship with the EU comes into effect. Bank
of England analysis published on 28 November shows how the EU Withdrawal Agreement
will affect the Bank’s ability to deliver its statutory remits for monetary and financial
stability.</p><p> </p>
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