Brexit / Key Terms / Brexit Withdrawal Deal The EU and UK have drawn up a draft version of the withdrawal agreement. Here’s what we know: The Cabinet has backed the draft withdrawal agreement after a 5 hour meeting. Theresa May made a brief statement after the meeting. The 585 page draft withdrawal agreement has been released to the public. The UK will remain as a whole in the customs union and single market during the transition period (until Dec 2020). That period could be extended. As a backstop, N Ireland would remain in a customs territory and follow many single market rules after the transition period until a permanent solution is found to ensure that there is no need for a hard border. The UK and EU remain committed to protecting citizens' rights and the UK will pay a divorce bill ( of around £39bn). Theresa May will make a statement to Parliament tomorrow. MPs across the board are not happy. It is likely that there are the numbers for a vote of no confidence in Theresa May. However, if a vote of confidence is won by Theresa May, then MPs could not vote to trigger one for another year so it is possible that they might delay a leadership challenge until after the UK leaves the EU.