BCC UK - EU-UK Trade and Cooperation Agreement Analysis: January 2021 - The British Chamber of Commerce for Luxembourg

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BCC UK - EU-UK Trade and Cooperation Agreement Analysis: January 2021

By BCC Secretariat for British Chamber of Commerce for Luxembourg, January 12 2021

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On 24 December 2020, the UK and EU negotiators reached an “agreement in principle” on the text of a new trade and cooperation agreement to govern their relations now that the UK has left the EU. The provisional application of this agreement went live on 1 January 2021 following the ratification of this agreement by both the EU and UK.

Please see attached summary of the key points from the new UK-EU Trade deal from a business perspective here from the BCC UK.

Available resources:

•UK Government summary of UK-EU Trade and Cooperation Agreement

•EU Commission summary of UK-EU Trade and Cooperation Agreement

•EU Commission UK-EU Trade and Cooperation agreement Q&A

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