Overview

• The UK and EU have agreed to a 12-year extension of EU fishing access to UK waters, a key point of contention in the negotiations.
• British travelers will gain access to e-gates at European airports, reducing border wait times as part of the new agreement.
• The deal introduces a sanitary and phytosanitary (SPS) agreement, cutting red tape on food and drink trade, expected to boost the UK economy by £9 billion by 2040.
• A framework for a UK-EU security and defense partnership has been established, including a pathway for UK participation in the €150 billion EU defense fund.
• Youth mobility discussions remain unresolved, with both sides committing to future negotiations on a potential scheme for young workers and students.