So information so far gleaned about the deal from the Observe
1. Fishing - EU boats will ontinue to fish in U.K. waters but U.K. boats will get a greater share of the fish. The EU quota with decrease by 25% over the next 5 years. There will then be annual talks to agree the amount EU boats can catch in U.K. waters, and uK boats can catch in EU waters.
U.K. fisherman have said the Johnson has “caved in”
2. Level playing field - both sides have agreed on a minimum level, of environmental, social and labour standards below which neither must go. Reviewed in 4 years.
ERG muttering about the ability of the EU to impose punitive tariffs if we fall below acceptable level of standards.
But why would we?
3.Transport - The agreement provided for continued air, road, rail and maritime connectivity. Hauliers will be able to drive without special permits.
4.Law - U.K. will no longer follow EU law. The ECJ remains the highest court of authority in NI
5 Tariffs- the deal covers trade worth £668bn a year to be sold without tariffs or quotas - avoiding 50% duties on meat/ dairy products.
6 State Aid- U.K. will introduce its own subsidy system
7. Science - U.K. will continue to participate in the Horizon Europe programme as a paying member for 7 years. Also remain membership in Copernicus.
8. State pensions-provides for updating of U.K. state pensions for ex-pats.m
9.Students- Erasmus has gone, replacement aims to allow students to study all over the world.
10. Security- cross border policing continues but no longer part of Europoort and EUs database -alerts about people, firearms, stolen items and vehicles.
The U.K. police has lost some of its most valuable tools. Chief amongst these is the SIS - a vast database providing real time alerts to locate terrorists and serious criminals. On an average day, the British security forces access SIS about 1.65 million times.
This represents a huge intelligence void.
This is just one of a number of serious loses and issues which represents a serious diminishing of security.
11 Services sector - represents 80% of U.K. income. It is the only sector with which the U.K. has a surplus of £18bn which can be usefully offset against our £79bn trade deficit with the EU..
Basic transaction have been negotiated but that is all. Brussels has said that they are not prepared to negotiate further until it is clear that the U.K. does not intend to diverge from eu regs.
The ERG continues to insist that the deal must pass the sovereignty test, but business is complaining that sovereignty has taken precedence over a good business deal, and it seems clear that this is the case as far as services are the case.