UK/EU: Trade and Cooperation Agreement

The Trade And Cooperation Agreement Between The European Union and The European Atomic Energy Community, of the One Part, and The United Kingdom of Great Britain and Northern Ireland, of the Other Part was agreed among UK and EU negotiators on 24 December 2020 and has been provisionally applied as of 1 January 2021 (pending ratification by the EU). The Trade and Cooperation Agreement provides the framework of UK-EU relations in numerous areas of oceans policy, such as international maritime transport (2.1.2), sustainable development, such as trade and sustainable management of marine biological resources and aquaculture, or greenhouse gas emissions reduction measures at the IMO (2.1.11), fisheries (2.5) and offshore renewable energy in the North Sea (2.1.8).

For more information see the UK summary and European Commission summary. See further the UK’s implementing legislation, the European Union (Future Relationship) Act 2020.

Concerning Gibraltar, the Government of Gibraltar announced on 31 December 2020 that it had reached an in principle agreement with the UK and Spain for a proposed framework for a UK-EU Agreement on Gibraltar’s future relationship with the EU.

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