The controversial agreement has been reached between the UK and EU, marking a major reset in post-Brexit relations.
The deal includes a formal Security and Defence Partnership, enabling UK firms to join the proposed £150bn EU SAFE fund.
Key elements include:
- A 12-year reciprocal fishing deal with £360m investment in coastal communities
- A permanent SPS deal easing food trade and restoring UK sausage and burger exports
- Re-linking of Emissions Trading Schemes, saving firms £800m annually
- UK to rejoin Erasmus+ and negotiate a youth exchange scheme
- New cooperation on migration, health, law enforcement, and border travel
- Projected to boost the UK economy by £9bn by 2040, Keir Starmer called the deal “common sense, practical, and in the national interest.”
