The Prime Minister is poised to sign a joint declaration promoting 'free and open trade', marking a strategic shift in relations with the EU amidst recent economic challenges triggered by US tariffs. This initiative aims to establish a ‘new strategic partnership’ with Brussels, emphasizing global economic stability. While the UK government insists this move isn’t an affront to the US, it signals a pronounced realignment. EU representatives described their discussions as productive in pursuing balanced trade relationships in light of future negotiations taking place in May.
This signals that Labour is starting a "relations reset" with the European Union and a draft statement reads the government are committed to a "new strategic partnership" with Brussels.
We confirmed our shared principles of maintaining global economic stability and our mutual commitment to free and open trade.
The Government rejects the premise that it must choose between our European and American allies.
Sefcovic said the meeting was a "productive exchange on securing balanced trade relationships" prior to the upcoming May summit.
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