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What the UK-EU trade agreement means for business Understand the new trade agreement, including the key takeaways for business, next steps towards ratification and support available for members. On 24 December 2020, the UK and EU agreed a new Trade and Cooperation Agreement (TCA) to govern the future trading and security relationship following the UK’s departure from the EU in January 2020. The deal provides firms with vital certainty, avoiding costly tariff and quota restrictions that both sides would have faced in a no deal scenario. But, with just days to prepare for the end of the transition period, key questions remain unanswered. Detailed, practical and actionable guidance is urgently needed to help firms calibrate their operations and prepare for the UK’s new trading relationship with the EU from 1 January 2021.

United kingdomBruxelles capitaleLindsay hoyleBrexit bulletinupNorman fowlerKeir starmerEuropean parliamentEuropean commissionMovement of goodsCooperation agreementCommons speaker lindsay hoyleLords speaker norman fowlerLiberal democratsஒன்றுபட்டது கிஂக்டம்ப்ரூக்ஸெல்ஸ் தலைநகரம்லிண்ட்சே ஹோய்ல்