BBC Verify has gone through the deal, picking out the potential winners and losers. Since Brexit, UK goods travelling to the EU – including food products – have faced new checks and extra paperwork.

The European Commission said Monday that it expects the combined gross domestic product of the 20 countries that share the euro to rise 0.9% this year and 1.4% in 2026, as U.S. tariffs hit exports. It had previously forecast expansions of 1.

The U.K. and EU enhance their partnership with new trade and defense deals as President Donald Trump's tariffs challenge and defense policies impact U.S. relations with Western allies.

Mr Rickman added that the FUW has raised concerns about "effective border checks on EU food imports entering the UK", and that the agreement should open the door to "ensuring that food imports and exports are subject to similar controls", creating a "level playing field" between UK and EU producers.

Britain and the EU will ink a new security and trade deal allowing access to European security databases, defense contracts and the EU food market in return for some youth free-movement and rights to fish British waters.

Britain has struck new agreements with the European Union on boosting defense cooperation, easing food trade and border checks.

BRUSSELS (Reuters) -EU countries have in principle agreed on the proposals for a 150 billion euro ($168.3 billion) fund aimed at boosting Europe's defence, known as Security Action for Europe (SAFE), an EU diplomat said on Monday.

The third component of the deal was a youth-mobility (now renamed “youth-experience”) agreement. This will make it easier for young people to move, study and work across borders. Britain is to explore how and when it might rejoin the Erasmus-plus student-exchange programme.

The UK and the EU have unveiled a wide-ranging agreement that includes deals on food, fishing, defence and passports.

LONDON (Reuters) -Antonio Costa, the head of the European Council that represents EU member states, said on Monday that the European Union and Britain were "not very far" from concluding a deal on Gibraltar. (Reporting by Sachin Ravikumar and William James; Writing by Makini BriceEditing by Gareth Jones)