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the eu uk trade and cooperation agreement is a trade agreement concluded on 24 december 2020 between the european union europe and the united kingdom it is planned to apply provisionally immediately after the brexit transition period ends on 31 december 2020 the agreement that is to govern the relationship between the eu and the uk after brexit was concluded after eight months of negotiations it provides for free trade and goods and limited mutual market access and services as well as for cooperation mechanisms in a range of policy areas transitional provisions about eu access to uk fisheries and uk participation in some eu programs compared to the uks previous status as an eu member state it ends the free movement of persons between the parties uk membership in the european single market and customs union uk participation in most eu programs and the authority of the european court of justice in dispute settlement the tca awaits ratification by the uk parliament the european parliamen
