Audio By Carbonatix
The EU and UK have reached a post-Brexit trade deal, ending months of disagreements over fishing rights and future business rules.
At a Downing Street press conference, Boris Johnson said: "We have taken back control of our laws and our destiny."
The prime minister added that although arguments had been "fierce" it was a "good deal for the whole of Europe", driving jobs and prosperity.
BBC News - Brexit: Boris Johnson hails free trade deal with EUhttps://t.co/EiNXgyI6FO
— Petteri Laaksonen (@PetteriLaakson4) December 24, 2020
EU chief Ursula von der Leyen said it was a "fair and balanced" deal.
In a press conference in Brussels, the European Commission president said: "This was a long and winding road but we have got a good deal to show for it.
"It is fair, it is a balanced deal, and it is the right and responsible thing to do for both sides."
She added that now was "time to turn the page and look to the future" and that the UK "remains a trusted partner".
There will be a five-and-a-half year transition period for the fishing industry, she indicated.
And co-operation will continue on issues including climate change, energy, security and transport.
In a statement, Downing Street said: "We have taken back control of our money, borders, laws, trade and our fishing waters."
Echoing Mr Johnson's general election slogan, it added "we have got Brexit done".
Mr Johnson tweeted a picture of himself smiling with both thumbs lifted in the air.
At his press conference, he said: "We have completed the biggest deal yet worth ÂŁ668bn a year.
"A comprehensive Canada-style deal between the UK and the EU. A deal that will protect jobs across this country, that will enable UK goods to be sold without tariffs, without quotas in the EU market.
"A deal which will allow our companies to do even more business with our European friends."
Latest Stories
-
AfCFTA reinforces Ghana as gateway to Africa – Ghana’s UK High Commissioner at Asante Business Summit
34 minutes -
GOIL CEO praises Star Oil counterpart despite fierce market rivalry
4 hours -
Como ease past Leipzig in dream Champions League debut
4 hours -
Gordon a better fit for Barca than Rashford – Deco
4 hours -
GOIL won’t give up ground as Star Oil battles for market share, says Edward Bawa
4 hours -
Kidnapped man begs family for help as captors threaten death over GH¢45,000 ransomÂ
5 hours -
Fenerbahce boss stuns club by quitting after Roma draw
5 hours -
Spurs and Richarlison in dispute over contract
5 hours -
Arsenal close to finalising new contract for Arteta
5 hours -
Abandoned vehicles face auction under new road safety rules – National Road Safety Authority
5 hours -
KNUST Management responds to UTAG, says statutes review still ongoing
5 hours -
10 SOEs recorded net loss of GH¢8.8bn in 2024 – IMF
5 hours -
EOCO questions former Deputy AG Joseph Kpemka over BOST dealings, grants him bail
6 hours -
Alleged romance scam pastor’s case withdrawn from Circuit CourtÂ
6 hours -
Oil, gas and borrowing costs surge as fears over Middle East escalate
6 hours