Top European Union officials on Wednesday formally signed the EU-UK agreement on post-Brexit trade relations, which will come into effect after the Brexit transition period ends on Dec. 31.
The 1,240-page agreement, reached on Christmas Eve, was signed by European Commission President Ursula von der Leyen and Charles Michel, president of the European Council, an EU body that comprises the heads of state of the EU member countries.
The document will then be taken to London by a Royal Air Force plane to be signed by Prime Minister Boris Johnson, before being provisionally applied as of Jan. 1, 2021.
The EU will also seek cooperation with the UK on specific foreign policy issues “based on shared values and interests,” he said.
The agreement will be examined by the European Parliament in early 2021, before it can be formally ratified by the EU.
Labour Party leader Keir Starmer said the deal is a "thin agreement" which does not provide adequate protection to British businesses and workers, but Labour will vote for it because it was better than no deal at all.
The deal has also won support from the European Research Group, a group of staunchly pro-Brexit lawmakers in Prime Minister Boris Johnson's Conservative Party who see close ties to the EU as a threat to British sovereignty.
The group's Legal Advisory Committee delivered its opinion on the deal on Tuesday, saying that "it is consistent the [sic] sovereignty of the United Kingdom," ERG Deputy Chairman David Jones wrote on Twitter.