Draft Brexit Deal Points to Free Trade Area With Deep Ties

The transcript discusses the UK-EU future relationship agreement, focusing on trade, regulatory cooperation, and financial services. It highlights the need for approval from European Heads of States and addresses key issues like the backstop, Gibraltar, and fishing rights. The document's language has softened, which may benefit Prime Minister May. The Spanish and French concerns over Gibraltar and fishing rights are significant, with potential impacts on the agreement's approval. Final negotiations are ongoing, with challenges remaining, particularly from Germany and Spain.

What is the main focus of the future relationship agreement between the UK and the European Commission?

• Military cooperation

• Environmental policies

• Free trade area and regulatory cooperation

• Cultural exchange programs

Why is the absence of a mention of Gibraltar significant in the agreement?

• It shows a lack of interest in territorial matters.

• It indicates a focus on financial services.

• It signifies a complete agreement on all issues.

• It could lead to a veto by the Spanish government.

What is the stance of the Spanish government regarding the agreement?

• They demand a specific mention of Gibraltar.

• They are indifferent to the agreement's content.

• They focus solely on fishing rights.

• They are fully supportive without any conditions.

What is the likelihood of the agreement being signed according to the discussion?

• 80% likely

• 50% chance

• Not likely at all

• 100% certain

What could be a potential consequence if Spain's concerns are not addressed?

• The agreement will be signed without any issues.

• Spain might exercise a moral veto, complicating the deal.

• The UK will withdraw from negotiations.

• Germany will take over the negotiations.