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Andy Burnham to unveil EU trade deals worth billions of pounds

Andy Burnham to unveil EU trade deals worth billions of pounds

Summary

Andy Burnham is expected to announce three proposed UK-EU agreements at a meeting in Brussels on 20 November: an agricultural deal, access to the EU emissions trading scheme and a youth visa scheme. The article says the agreements could boost UK GDP by £17bn, or 0.4%, while some elements may not take effect until 2028.

Key Facts

  • The proposed agricultural agreement is estimated by the UK government to be worth more than £5bn to the UK economy by 2040.
  • The agricultural deal could ease trade in products including live molluscs and Scottish salmon and replace some animal transport certificates with pet passports.
  • UK producers could continue selling some products banned under EU law during a transition period.
  • Under a separate emissions agreement, the UK would pay the EU for access to its emissions trading scheme.
  • The proposed youth scheme would let people under 30 live, work and travel in the UK and EU; negotiators have not finalized the number of visas.
  • The UK is seeking a mechanism to limit travel from an EU member state that does not issue its agreed visa quota.
  • Officials are discussing a separate joint statement on future cooperation, including industrial policy and university tuition fees.
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