**Winners and Losers: Analyzing the UK-EU Pact Post-Brexit**

**The new UK-EU agreement, aiming to reshape relations after Brexit, presents both opportunities and challenges for different stakeholders in food, fishing, defense, youth mobility, and travel.**

A deal to "reset" relations between the UK and the EU post-Brexit has been finalized during a landmark summit in London. This agreement addresses a multitude of issues including defense, fishing rights, food trade, and the movement of young individuals between the UK and EU.

**Food Trade**
**Winner:** UK food exporters to the EU, likely benefiting from reduced checks.
**Loser:** Those wishing to limit UK adherence to EU regulations must consider the attached conditions.

With Brexit, UK exports of food products to the EU faced stricter checks and additional bureaucracy. Following the deal, there are plans for a joint food safety agreement, which, if implemented, could significantly simplify regulations and possibly lift current bans on certain products. However, the UK will need to conform to EU food standards under a system called "dynamic alignment," alongside facing financial contributions whose details remain unclear.

**Fishing Rights**
**Winner:** EU fishing fleets gain continued access to UK waters for 12 more years.
**Loser:** UK fishermen wanting more control over fishing quotas miss out.

Although fishing contributes minimally to the UK economy at 0.04% of GDP, it remains a contentious issue. The agreement extends fishing access for EU vessels until 2038 while preserving the current quota-sharing arrangement. Some UK fishing representatives have criticized this long-term deal, preferring annual negotiations to maintain bargaining power.

**Youth Mobility**
**Winner:** Young individuals from the UK and EU could benefit from easier work and study opportunities.
**Loser:** Opponents of increased immigration may view the mobility scheme as a threat.

The yet-to-be-confirmed "youth experience scheme" is designed to facilitate greater movement for young people across Europe, although it may momentarily spike immigration levels, which poses a point of contention for the current government. The impact of this initiative on immigration statistics remains uncertain.

**Travel Convenience**
**Winner:** British tourists might gain access to eGates in EU airports.
**Loser:** Those hoping to bypass long waiting times at borders might still face delays.

The agreement allows UK nationals to potentially use eGates at EU airports to streamline the border process. However, the application of this provision is vague, and significant wait times might persist until more infrastructure is established.

**Defense Cooperation**
**Winner:** UK defense companies stand to gain contracts from the EU's rearmament fund.
**Loser:** EU defense firms anticipating a share of these funds may be sidelined.

The EU's new Security Action for Europe fund (SAFE), with a budget of €150 billion, aims to support the rearmament of member states. UK defense firms may be given access to this funding pool, expanding their market opportunities significantly.

Through this agreement, the UK and EU embark on a new chapter of collaboration in various sectors, albeit with mixed outcomes for different stakeholders. Whether this deal ultimately strengthens or complicates relations remains to be seen as the details continue to unfold.