New EU agreement: British government wants to secure the future for employees!

New EU agreement: British government wants to secure the future for employees!

Vienna, Österreich - Prime Minister Keir Strandmer has announced a new agreement with the EU to improve the economic conditions in Great Britain after Brexit. This announcement was made before a planned meeting with top representatives of the EU in London in the coming week. On Sunday, the Strander will outline the new approach for a "strengthened, future -oriented partnership", which primarily aims at supporting British employees and securing jobs. This reports vienna.at .

The Prime Minister was directly aimed at the challenges resulting from Brexit, and criticized the previous agreement that many are considered disadvantageous by many. Since Britain's exit from the EU in 2016, the country has been suffering from significant economic consequences. Surveys show that over 60 percent of the British consider Brexit as a failure, and many citizens regret the decision.

first summit since Brexit

The first bilateral summit between the EU and Great Britain Since the Brexit negotiations, takes place in London on Monday. The discussion points include questions about deepening cooperation, especially in the areas of trade, defense and security cooperation. EU negotiator Nick Thomas Symond has emphasized that the new deal should make a real difference for the British by securing jobs and reducing the cost of living. There are also suggestions for faster access to British goods to the EU and simplifying bureaucratic hurdles in the food trade.

Another central theme of the summit could be a new defense and security partnership. This partnership could provide British companies access to an EU credit program worth 150 billion euros. Experts expect measures to be presented on Monday that promote closer cooperation in areas such as energy, combating tractor gangs and the mutual recognition of professional qualifications.

Brexit balance and economic views

Four years after Brexit shows the balance that many British struggle with the consequences. Despite the promises given from the EU when leaving, many of the desired trade agreements have not yet been concluded. While there are bilateral trade agreements with Australia and New Zealand, Great Britain failed due to a free trade agreement with Canada. However, the trade volume of this agreement only makes up 0.1 percent of gross domestic product, which does not compare the economic losses that have arisen from the loss of access to the EU internal market. These losses are estimated at three to five percent of gross domestic product, and the British gross domestic product has dropped since Brexit, such as Tageschau.de reported.

The economy also has to suffer from increasing inflation that leads to price increases in food and other goods. Border controls in the form of new regulations for food imports from the EU have additionally burdened the situation. Industry associations expect additional costs of 230 million euros per year. In view of these developments, the Labor government under Strander has focused on greater economic growth and simpler trade in the EU and has already completed a free trade agreement with India and tariffs with the USA.

The prime minister has also promised the introduction of a youth mobility program (Youth Mobility Scheme) to enable young people from the EU and Great Britain to make a easier exchange. Strander emphasizes the importance of alliances and agreements that are in the best interest of the British population. The coming days will show which concrete progress can be made on the summit in order to initiate a positive turn in the British-European relationships, as well as Spiegel.de reported.