(AGENPARL) – Mon 19 May 2025 EU-UK Summit paves the way for a stronger economic partnership
(Brussels, 19 May 2025)
The outcome of the EU-UK Summit, as set out in the Common Understanding on a renewed agenda, is a positive one for European business. However, there is still significant work to be done.
BusinessEurope Director General Markus J. Beyrer said:
“Today’s announcement has created the momentum to advance our vital economic partnership, but we now need to see real progress on making it easier to trade in goods and services. Agreements on mutual recognition in areas such as veterinary standards and conformity assessment for products could significantly cut red tape for businesses on both sides, as could coordination on matters such as electricity trading and linking the emissions’ trading schemes.
With both EU and UK businesses facing labour shortages, we should also strive to facilitate the short-term mobility of professionals. This is particularly true for the services sector, which accounts for 48% of our total bilateral trade.
We look forward to concrete outcomes on these issues as discussions continue.”
ENDS
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168 Avenue de Cortenbergh
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