Brexit Future Relations Statement
The statement on Future Relations says that in two specific areas, negotiations have been particularly challenging, and the agreement reached so far will require further work during the negotiations on the future relationship:
On trade in goods, the negotiators have agreed in principle the need for comprehensive arrangements creating a free trade area, combining deep regulatory and customs cooperation, building on the single customs territory provided for in the Withdrawal Agreement. Both sides wish to make the trading relationship as close as possible.
Exactly what balance of rights and obligations will be compatible with the integrity of the Union’s Single Market and Customs Union and the development of the United Kingdom’s independent trade policy will be the subject of the future relationship negotiations.
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