This Wednesday, the United Kingdom completed negotiations with the European Union to resume its participation in the Erasmus educational exchange program in 2027, after being excluded from the initiative for years following its withdrawal from the Union in January 2020.
In a joint statement from EU Trade and Economic Security Commissioner Maros Sefcovic and Cabinet Office Minister Nick Thomas-Symonds, Brussels and London report on the conclusion of negotiations and emphasize that by 2027 there will be “significant opportunities in education, training, sport and youth for people in the United Kingdom and the European Union”, especially the youngest.
“The European Commission and the United Kingdom look forward to making these opportunities available. They welcome that the specific terms of this partnership, including the mutually agreed financial terms, represent a fair balance between the United Kingdom’s contributions and the benefits offered by the Program and pave the way for the United Kingdom’s participation in the Program in 2027,” it said.
Likewise, the parties report on the conclusion of exploratory negotiations on the UK’s participation in the internal electricity market, after pointing out that this will deliver “real benefits for businesses and consumers across Europe”.
Both sides must now take steps in their legislative processes and legal frameworks to make “swift progress” on the UK’s association with Erasmus+ and the framework for London’s participation in the EU’s internal electricity market.
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