In the resolution prepared by the UK Coordination Group and the Conference of Presidents, Parliament strongly welcomes the conclusion of the EU-UK Trade and Cooperation Agreement that limits the negative consequences of the UK’s withdrawal from the EU, which it considers a “historic mistake” as no third country can enjoy the same benefits as an EU member.
The consent decision was adopted by 660 votes for, five against and 32 abstentions, while the accompanying resolution, setting out Parliament’s evaluation of and expectations from the deal, passed by 578 votes, with 51 against and 68 abstentions. The vote took place on Tuesday, with results announced on Wednesday.
On 24 December 2020, EU and UK negotiators had agreed on the Trade and Cooperation Agreement establishing the terms for future EU-UK cooperation. To minimise disruption, the agreement has been provisionally applied since 1 January 2021. Parliament’s consent is necessary for the agreement to enter into force permanently before its lapse on 30 April 2021.
The zero quotas and zero tariffs trade agreement between the EU and the UK are viewed positively by MEPs, and guarantees on fair competition rules could serve as a model for future trade agreements, MEPs add. Parliament agrees with provisions on, among others, fisheries, consumers, air traffic and energy.
However, MEPs regret that the UK did not want the agreement to extend to foreign, security and development policies and did not want to participate in the Erasmus+ student exchange programme.
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