Overview

• EU draft guidelines require the UK to contribute financially to EU agencies overseeing food safety and the linked emissions trading system, marking the first fresh budget repayments since Brexit.
• London must dynamically align its laws on sanitary, phytosanitary and carbon market rules with any future EU changes, while losing the right to amend those regulations.
• Under the deal, the UK will be excluded from formal EU decision-making but Brussels will consult ministers at an early stage of policy development.
• Disputes over food standards or carbon market alignment will be settled by the European Court of Justice, whose rulings will be binding on both sides.
• The UK government and European Commission are now negotiating the final terms before ratification and entry into force of the reset agreement.