Britain and the European Union Seal Landmark Post-Brexit Recovery on Trade and Defense: Check details | Today news

In the most important shift in British EU relations since Brexit, Britain and the European Union sealed a comprehensive recovery of their defense and trade ties on Monday. The agreement was finalized at the first formal UK EU Summit since the UK left the block in 2020, hosted by Premier Keir Starmer in London. “This agreement is a win-win,” says Keir Starmer. “Britain is back on the world scene.” Ursula von der Leyen, president of the European Commission, reflects the sentiment and calls it “a historical moment” and a “message to the world” about Europe’s unity in times of crisis. € 150 billion defense pact unlock access for the UK An important highlight of the reset is a new UK EU defense and safety partnership. Under the agreement, Britain will gain access to an EU defense loan program of € 150 billion ($ 170 billion) designed to finance military acquisition, including support for Ukraine. British defense giants such as Bae Systems, Rolls-Royce and Babcock can now participate in the EU-joint procurement projects. “In a time of global instability, and when our continent faces the biggest threat, we keep together in Europe,” Von der Leyen said. Food trade reforms are aimed at reducing the agreement. This will allow UK goods such as sausage and burgers to re-enter EU markets. “We know we waited for a truck for 16 hours, fresh food in the back that could not be exported,” said Cabinet Office Minister Nick Thomas-Symonds. “We absolutely want to reduce it.” Officials estimate that these reforms can add almost £ 9 billion ($ 12.1 billion) to the British economy by 2040, improve lower food prices and the efficiency of the supply chain. Fishing access expanded by 2038 fishing, one of Brexit’s most symbolically charged issues, saw a compromise. The UK granted the EU vessels that continued access to British waters for another 12 years, until 2038. Although economically minor, fishing remains politically sensitive. Disputes about it almost derailed the original Brexit transaction in 2020. Youth mobility and Erasmus are back on the table. A preliminary agreement has also been reached on a youth mobility plan, which aims to allow young British and Europeans to temporarily live and work in each other’s territories. Although full details still have to be agreed, the UK is also in conversation to re -join the Erasmus Student Exchange program, which left it to Brexit. From the Brexit section to new collaboration, the UK’s 2016 mood to leave the EU caused years of political turmoil, including five prime ministers and tense ties with Brussels. But the recent cooperation on global issues – including Ukraine – has helped the confidence of confidence. Von der Leyen concluded: “The UK and the EU are natural partners who stand side by side on the global stage.”