Brexit: Trade deal reached between EU and UK, described as “new independence”

British Prime Minister Boris Johnson announced on Thursday a Canada-style trade deal has been reached between the EU and the U.K. just seven days ahead of its exit, saying Britain had taken back control of its laws, borders and fishing waters.

He urged Britons to make the most of what he called the country's soon-to-be status of a "newly and truly independent nation."

Addressing the EU directly, Johnson said the UK would continue to be its "supporter" and "number one market," adding both parties will always remain allies and ensuring the deal will benefit both of them.

Johnson said the deal did not contain as much as he would have liked on regulatory equivalence for financial services, but still contained some "good language."

A deal had seemed imminent for almost a day, until haggling over just how much fish EU boats should be able to catch in British waters delayed the announcement of one of the most important trade deals in recent European history.

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