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British Prime Minister Keir Starmer’s government has reached significant new agreements with the European Union, marking the first formal summit between the U.K. and EU since Brexit. The deals aim to reset relations while addressing key challenges that have emerged since the U.K.’s departure from the bloc in 2020.
Here are five changes with the aim of boosting the British economy and reducing bureaucratic barriers to trade.:
• Defense and security partnership allowing the U.K. to access an EU defense loan program worth €150 billion ($170 billion).
• Removal of some checks on animal and plant products to ease food trade across borders.
• 12-year extension of an agreement allowing EU fishing vessels in U.K. waters until 2038.
• A youth mobility plan that would allow young Britons and Europeans to live and work temporarily in each other’s territory.
• Reduction in routine border checks and costs on certain food imports and exports to improve trade flow (specifically mentioned: allowing British burgers and sausages to be sold to the EU again).
— The Associated Press
Read more: The U.K. and the EU announce new deals and renew ties, 5 years after Brexit
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