# Union and the United Kingdom agree a Trade and Cooperation Agreement

Date: 2020

On 24 December 2020 the Commission and London struck the TCA after a year [Michel](/people/charles-michel) had chaired as Council president. Orderly trade is not frictionless trade. It is a completed alternative to a no-deal cliff.

## People

- Charles Michel: https://factrail.ai/people/charles-michel

## Drivers

- Cost-of-Living Pressure: https://factrail.ai/drivers/econ-cost-of-living-pressure

## Sources

- https://www.reuters.com/article/us-britain-eu-idUSKBN28Y0QK/
- https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:22021A0430(01)

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/eu-tca-2020