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The Main Elements of the EU-UK Trade and Cooperation Agreement

Alert December 28, 2020

The Main Elements of the EU-UK Trade and Cooperation Agreement

December 28, 2020, Covington Alert

On December 24, 2020, exactly four and a half years after the result of the UK’s EU Referendum, the UK and the EU reached an agreement on their future trade and cooperation arrangements: the EU-UK Trade and Cooperation Agreement (“EUTCA”). The transition period that has run since the UK left the EU in January 2020 will end at midnight Central European Time on December 31, 2020 and the UK will then be treated by the EU as any other third country.

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