In a remarkable breakthrough after months of intense negotiations, UK and EU negotiators have finally hammered out a draft agreement concerning Britain’s re-entry into the Horizon Europe research programme.
This crucial development signals a significant milestone in the arduous Brexit aftermath.
Experts believe that this watershed moment could pave the way for a face-to-face meeting between Sunak and European Commission President Ursula von der Leyen next Tuesday.
During this high-stakes meeting, the final deal is expected to be given the green light.
According to government officials, Britain is poised to rejoin the prestigious Horizon Europe initiative, a research programme boasting an astounding budget of €95.5 billion spanning the years 2021 to 2027.
The potential benefits are immense, as this strategic move promises to bolster scientific advancements and technological breakthroughs in various critical fields.
The draft deal also includes the integration of the Copernicus Earth observation programme, further cementing Britain’s commitment to cutting-edge research and innovation.
However, it is worth noting that the UK government and the nation’s esteemed nuclear sector have opted to abstain from participating in Euratom’s nuclear energy research and development scheme.
Citing the scheme as “poor value for money,” officials stand firm on their decision, pointing out their relentless pursuit of fiscal prudence.
As the draft agreement inches closer to becoming a reality, stakeholders eagerly await the final verdict from both Sunak and von der Leyen.
If all goes as planned, this momentous agreement will undoubtedly reignite the flame of collaboration between the UK and the EU, transcending borders and propelling scientific progress to unparalleled heights.