EU-UK agreement: a step forward for European security and cross-border business
News
19 May 2025
Trade
EU-UK agreement: a step forward for European security and cross-border business

The agreement struck between the EU and the UK is a step towards a closer relationship that bolsters Europe’s security and prosperity. The Security and Defence Partnership affirms the vital role of partnership in Europe’s defence and security. Addressing both current rearmament needs and long-term capability development will require sustained collaboration among all NATO Allies – in the EU, the UK and across the Atlantic.  

This deepened cooperation on security should be matched by efforts to strengthen economic cooperation. The common understanding the EU and the UK reached on a range of trade issues, including sanitary and phytosanitary rules and mutual recognition of professional qualifications, is an essential first step in facilitating cross-border business and economic growth. The two sides should now use the newly agreed mechanisms for regular dialogue to address remaining obstacles to business mobility and resilience, such as discrepancies in rules of origin, data adequacy, artificial intelligence regulation and financial services rules. 

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Reacting to the vote, Malte Lohan, CEO, AmCham EU, welcomed the Parliament’s decision as a necessary step towards a more predictable transatlantic marketplace: ‘The Parliament today has taken a decision that helps put the EU-US trade and investment relationship back on track. It is the right signal for businesses that have been stuck in limbo over the past year.’

‘AmCham EU opposes broad-based tariffs. However, given political priorities on both sides of the Atlantic, we still see the Framework Agreement as the most realistic route to securing a more constructive EU-US trade and investment climate’, Mr Lohan added. ‘We call on the Parliament and Member States to conclude trilogues swiftly. Once the tariff reductions are approved, the EU and the US can get back to advancing the cooperation the Framework Agreement envisages on a range of areas that benefit European and American businesses alike. We look to both sides to continue honouring their commitments throughout this process.’ 

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