“The European Union and the United Kingdom will stand shoulder to shoulder to deliver on our common goals." French President Emmanuel Macron, in a message on his official Twitter account, said the agreement protects European citizens, businesses and fishermen. The free flow of workers between the two economies will end and trade in services will be much reduced. The deal gives Britain significant freedom to depart from EU regulations and sign free-trade deals with countries like the U.S. The agreement must formally be ratified by the European and U.K. parliaments and signed off by EU leaders before the end of the year.

Source: Mint December 25, 2020 03:45 UTC