How a Brexit Deal Was Reached on Christmas Eve: The EU & UK Finally Agreed to a Deal - TLDR News

The video explains the Brexit deal reached between the UK and EU on Christmas Eve 2020. It discusses the challenges faced during negotiations, particularly around fishing rights and the need for compromise. The deal includes provisions for trade without tariffs or quotas, but introduces new paperwork. It also covers the end of free movement and the UK's decision not to participate in certain EU programs. Arbitration mechanisms and level playing field provisions are also detailed. The video concludes with a reflection on the significance of the deal.

What are the implications of the deal on the UK's participation in the Erasmus program?

What mechanism was agreed upon for arbitration in case of disputes?

What are level playing field provisions and why are they important?

What was the overall sentiment expressed at the end of the negotiations?