UK, EU Agree Post-Brexit Trade, Security, Fishing Deal
UK, EU Agree Post-Brexit Trade, Security, Fishing Deal

UK, EU Agree Post-Brexit Trade, Security, Fishing Deal

News summary

The UK and the European Union have reached a significant post-Brexit deal that includes enhanced cooperation on trade, defense, fishing, energy, and travel for young people, marking what leaders have called a "new era" in their relations. The agreement provides Britain with extended access to EU agrifood and energy markets in exchange for regulatory alignment and secures reciprocal fishing rights until 2038, aiming to stabilize conditions for fishermen on both sides. A youth mobility scheme is planned to allow limited work and study opportunities for young people from both sides, though key details such as the number of visas and duration remain unresolved and subject to future negotiation. Financial contributions from the UK to cover administrative costs related to the deal have been acknowledged but without specific figures, and discussions continue on terms for UK participation in programs like Erasmus+. Additionally, the deal includes commitments to a security and defense partnership and ongoing energy cooperation, building on the existing Withdrawal Agreement and Trade and Cooperation Agreement as foundational frameworks. However, critics from UK political parties have labeled aspects of the deal, particularly fishing rights, as unfavorable to British interests.

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