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The UK moves closer to the European Union. London proposes a declaration on shared values

A new chapter in relations between London and Brussels? A draft joint political declaration is already on the table. Although the United Kingdom left the European Union in 2020, five years later there is increasingly loud talk of political and economic rapprochement between the two sides. The…

2 min readGlobal Tax Partners team
The UK moves closer to the European Union. London proposes a declaration on shared values

A new chapter in relations between London and Brussels? A draft joint political declaration is already on the table

Although the United Kingdom left the European Union in 2020, five years later there is increasingly loud talk of political and economic rapprochement between the two sides. The preliminary version of a joint declaration on values, proposed by London, is a signal of a change of course and a sign of a new, strategic partnership.

According to the news agency Reuters, the draft declaration is already in the hands of the EU member states. It is due to be finalised at a summit in London scheduled for 19 May 2025.

What does the declaration on shared values contain?

The document includes key points that unite the United Kingdom and the Union:

Although the text does not mention Donald Trump by name, many of its provisions are read as opposition to the nationalist economic policy of the USA, based on tariff barriers and limiting global cooperation.

A change of tone in UK foreign policy

Prime Minister Keir Starmer had already declared his wish to deepen cooperation with the EU, particularly in the context of:

The February dinner in Brussels, at which Starmer sat at the table with the leaders of the 27 EU states, was a symbolic return of the United Kingdom to European political dialogue - for the first time since Brexit.

What does this mean for business owners?

Political rapprochement may have a real impact on:

We are following the changes - we advise safely on both sides of the English Channel

At Global Tax Partners, we:

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