Overview

• The agreement includes a new Security and Defense Pact, granting the UK access to the EU’s €150 billion Safe fund, with further negotiations required to finalize terms.
• Reciprocal fishing rights in UK and EU waters are extended until June 2038, resolving a contentious issue in the negotiations.
• The UK will align its agri-food and veterinary standards with EU regulations, reducing trade barriers and improving export conditions for British goods.
• Travel for UK citizens will be facilitated with expanded access to EU e-gates, while discussions continue on the specifics of a youth mobility scheme for under-30s.
• The partnership emphasizes energy cooperation, including alignment on emissions policies and potential UK participation in the EU energy market.