Having published the Draft Agreement on the withdrawal of the UK from the EU on 19 March 2018, the EU and the UK are now moving on to the detailed scoping of future relations with a view to reaching agreement on a political declaration on the framework for this future relationship in October 2018.
This will be agreed alongside the Article 50 withdrawal agreement and the agreement on the transition period. The European Council adopted its guidelines for the forthcoming negotiations in March.
An agreement reached on the UK’s future relationship with the EU will, by definition, be bespoke. The Committee acknowledges that the UK has an enormous amount to offer the EU as a third country and that it is in the interests of the UK and the EU to reach an agreement that will benefit both.