"A historic deal on the UK’s future trading and security relationship with the European Union has been struck on Christmas Eve, a week before the end of the Brexit transition period," the message says.
It is noted that the agreement concerns relations between the European Union and Great Britain in trade, transport, fisheries, energy, security cooperation and other spheres.
Boris Johnson, Prime Minister of United Kingdom, says he rejected extending the transition period amid the coronavirus pandemic as he did not want to add to uncertainty.
"We have completed the biggest trade deal yet worth £166bn a year, a comprehensive Canada-style free trade deal with the EU," he says.
The deal will protect jobs, allow UK goods to be sold without tariffs and quotas in the EU market, allow companies to do even more business with Europe, he added.
It was worth fighting for this deal.— Ursula von der Leyen (@vonderleyen) December 24, 2020
We now have a fair & balanced agreement with the UK. It will protect our EU interests, ensure fair competition & provide predictability for our fishing communities.
Europe is now moving on. https://t.co/77jrNknlu3
The German chancellor Angela Merkel said she was pleased that negotiators had reached an agreement that would regulate future relations between the EU and UK.
“We will therefore soon be in a position where we can judge whether Germany can support the result of today’s result”, the German leader said. “I am optimistic that we have a good result in front of us here”.