Free Trial

EU-UK: Starmer & VdL Agree To Regular Summits In Joint Statement

EU-UK

European Commission President Ursula von der Leyen and UK PM Sir Keir Starmer have released a joint statement following their bilateral meeting in Brussels. The statement is broad in its nature, not touching on the many points of difference still in evidence, but talking up similarities in support for Ukraine as well as saying the two sides "would also continue to work closely to address wider global challenges including economic headwinds, geopolitical competition, irregular migration, climate change and energy prices,"

  • With these discussions seen as 'talks before talks', there had been speculation of a move towards greater strategic cooperation on security. This did not quite come to fruition, with the statement saying that both sides "agreed on the importance of the unique relationship between the European Union and the United Kingdom in addressing such challenges [in the Middle East] and resolved, in line with our shared values, to strengthen ambitiously their structured strategic cooperation."
  • The two have agreed to hold regular EU-UK summits at leader level 'to oversee the development of the relationship', with the first taking place in 2025.
  • While vague, the seemingly cordial statement and clear intention by both sides to avoid discord may not necessarily lead to a convergence in EU-UK policy, but could limit the prospects for a damaging deterioration in trade or other areas of cooperation. 
219 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

European Commission President Ursula von der Leyen and UK PM Sir Keir Starmer have released a joint statement following their bilateral meeting in Brussels. The statement is broad in its nature, not touching on the many points of difference still in evidence, but talking up similarities in support for Ukraine as well as saying the two sides "would also continue to work closely to address wider global challenges including economic headwinds, geopolitical competition, irregular migration, climate change and energy prices,"

  • With these discussions seen as 'talks before talks', there had been speculation of a move towards greater strategic cooperation on security. This did not quite come to fruition, with the statement saying that both sides "agreed on the importance of the unique relationship between the European Union and the United Kingdom in addressing such challenges [in the Middle East] and resolved, in line with our shared values, to strengthen ambitiously their structured strategic cooperation."
  • The two have agreed to hold regular EU-UK summits at leader level 'to oversee the development of the relationship', with the first taking place in 2025.
  • While vague, the seemingly cordial statement and clear intention by both sides to avoid discord may not necessarily lead to a convergence in EU-UK policy, but could limit the prospects for a damaging deterioration in trade or other areas of cooperation.