19 мая Великобритания и Европейский союз подписали новое соглашение, направленное на снижение торговых барьеров, улучшение обмена данными и расширение сотрудничества в области обороны и миграции. При этом Лондон останется за пределами единого рынка, таможенного союза и зоны свободного передвижения ЕС.
One of the key elements was the sanitary and phytosanitary (SPS) agreement, which reduces checks on animal and plant products, thereby simplifying the export and import of food. The Road Haulage Association (RHA) has already said that these measures will help reduce costs and delays when trading with the EU.
An agreement was also reached on the mutual recognition of emissions trading systems (ETS), which will relieve British companies from new EU carbon duties. Steel exporters will receive individual relief from tariffs and new regulatory requirements from Brussels.