The EU-UK Trade and Co-operation Agreement (the TCA), which came into provisional effect at 11pm on 31 December, is welcome in terms both of what has been achieved, and in providing a more cordial basis for future EU-UK relations and co-operation. However, for those whose primary activities are not cross-border trading or manufacturing, its immediate benefits (compared to a no deal scenario) might be viewed as marginal. The focus for many will therefore be on the basis the TCA provides for future EU-UK co-operation and how it permits the parties' respective domestic agendas to evolve.
Our latest briefing provides a short overview of the key features and implications of the TCA and related Joint Declarations for UK businesses, focussing on the topics likely to be of the widest interest.