EU, UK agree to reset rules on agrifoods, mergers and carbon trading as part of post-Brexit reset

Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain work visas.

The announcement is a statement of intent and an indication of headline agreements, with the new rules yet to be finalized. When it was announced on May 19, U.K. Prime Minister Keir Starmer said it was time “to move on from the stale old debates and political fights to find common sense, practical solutions.” He said it was about “facing out into the world once again.”