Category Archives: Short Explainers
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Questions & Answers: EU-UK Trade and Cooperation Agreement Introduction The EU-UK Trade and Cooperation Agreement covers the following areas: trade in goods and in services, digital trade, intellectual property, ...
TRADE IN GOODS The European Union and the United Kingdom are major trading partners. In 2019, some 13% of the EU’s total trade with third countries in goods was with the UK, whereas the UK relied on the EU for ...
SERVICES & INVESTMENT The EU and the UK are major partners when it comes to trade in services and investment. While the UK was an EU Member State, participating in the EU Single Market and benefitting from the ...
DIGITAL TRADE, INTELLECTUAL PROPERTY, PUBLIC PROCUREMENT AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) Does the Agreement cover digital trade? The Agreement contains provisions aimed at facilitating digital trade, ...
ENERGY The EU’s internal energy market ensures the security of supply of electricity, gas and oil. It also enables the free flow of energy throughout the EU based on adequate infrastructure and without ...
LEVEL PLAYING FIELD FOR OPEN AND FREE COMPETITION AND SUSTAINABLE DEVELOPMENT What is a level playing field and why is it so important? Given their geographic proximity and economic interdependence, the EU and the ...
TRANSPORT Transport is an essential driver of economic benefits in EU-UK relations. Each year, some 210 million passengers and 230 million tonnes of cargo are transported between the EU and the UK, by air, sea, road ...
SOCIAL SECURITY COORDINATION AND VISAS FOR SHORT-TERM VISITS What changes on 1 January 2021? By leaving the EU, the UK has chosen to put an end to the free movement of persons between the EU and the UK as of 1 ...
FISHERIES The economic value of fisheries in UK waters for EU vessels represents 637m EUR[8]. This represents on average 12% of Member States’ overall total catches in value – although this varies ...
SECURITY, LAW ENFORCMENT AND JUDICIAL COOPERATION IN CRIMINAL MATTERS Ensuring the safety and security of both the EU’s and UK’s citizens against common and evolving threats such as cross-border ...
THEMATIC COOPERATION There are further topics on which the EU and the UK agreed that it was in their mutual interest to continue a close cooperation in the future, notably: health security, cybersecurity and ...
GOVERNANCE The Agreement does not just include a free trade agreement underpinned by commitments to ensure a level playing field, but also provisions on transport, energy, fisheries, law enforcement and judicial ...
Trade and Cooperation Agreement: Overview The United Kingdom and the European Union have agreed to unprecedented 100% tariff liberalisation. This means there will be no tariffs or quotas on the movement of goods we ...
Heading 1 – Trade Title I – Trade in Goods Chapter 1 – National treatment and market access for goods (including trade remedies) The Agreement establishes zero tariffs or quotas on trade between the UK and the EU, ...
Title II – Trade in Services and Investment The Agreement establishes the treatment and level of access the UK and EU have agreed to grant each other’s service suppliers and investors. These provisions will ...
Title XI: Level playing field for open and fair competition and sustainable development The Agreement’s provisions in this area, implementing commitments made in the 2019 Political Declaration, were the subject of ...
Heading Two – Aviation Title I – Air transport The Agreement builds on existing precedent and sets out the arrangements for the operation of air transport services between the UK and the EU. UK airlines that are ...
Part 3 – Law Enforcement and Judicial Cooperation in Criminal Matters The safety and security of our citizens is the Government’s top priority. The Agreement provides a comprehensive package of operational ...
Part 4 – Thematic Cooperation The agreement provides for future cooperation between the UK and EU on emerging challenges, including health and cyber security. The UK and EU have also agreed a joint declaration noting ...
Part 6 – Dispute Settlement and Horizontal Provisions Title I: Dispute settlement This Agreement includes dispute resolution mechanisms that are appropriate for a relationship between sovereign equals. This means ...
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