16 Jun Uk Eu Trade and Cooperation Agreement Gov.uk
The UK-EU Trade and Cooperation Agreement: What You Need to Know
On December 24th, 2020, the United Kingdom and the European Union reached a historic agreement on their future relationship after the UK`s exit from the EU. This agreement, known as the UK-EU Trade and Cooperation Agreement, sets out the terms of trade and cooperation between the two sides, and is one of the most comprehensive free trade agreements ever signed.
So what does the agreement actually cover? Here are some of the key points:
Trade: The agreement includes provisions for tariff-free and quota-free trade in goods between the UK and EU countries. It also establishes rules for trade in services and investment, including provisions for mutual recognition of professional qualifications.
Fisheries: The agreement provides for a transition period during which EU fishing boats will continue to have access to UK waters. After that, the EU`s share of the UK`s fish stocks will be gradually reduced over a five and a half year period.
Transport: The agreement includes provisions for continued air and road transport between the UK and EU countries, as well as cooperation on aviation safety and security.
Security: The agreement provides for continued cooperation between the UK and EU countries on law enforcement and security matters, including the exchange of information and joint operations against cross-border crime.
Overall, the UK-EU Trade and Cooperation Agreement represents a significant achievement for both sides. It ensures that the UK and EU can continue to trade and cooperate effectively, while also respecting each other`s sovereignty and independence.
If you want to learn more about the agreement and its implications for businesses and individuals, the best place to start is the official UK government website, gov.uk. There you`ll find detailed information on the agreement, as well as guidance on how to prepare for the changes it will bring.
Overall, the UK-EU Trade and Cooperation Agreement is a positive development that will benefit both the UK and the EU. By working together in a spirit of cooperation and mutual respect, the two sides can ensure a bright and prosperous future for themselves and their citizens.