Four knowledgeable negotiators revealed that Britain and the European Union have successfully reached an agreement to connect their respective carbon emissions trading systems. The negotiations began last year and have now come to an end. The relevant agreement is scheduled to be officially announced at the UK-EU summit to be held in the next few weeks. An EU diplomat said that before the official announcement, the two sides are currently only “finishing the final touches” for the agreement. The exchange of carbon trading markets is one of the three major topics that Britain and Europe promised to negotiate at last year's summit, and it is also the first issue to be successfully implemented. Negotiations on two other proposals are ongoing: a trade agreement aimed at abolishing border checks on agricultural products and food, and a new “youth mobile visa” program for young people. Both sides stated that the three agreements are a package arrangement and will not be implemented separately. The summit, which is expected to be held in November, is not only a cut-off point for current negotiations, but is also expected to be a springboard for bringing bilateral relations closer. The date of the summit has not yet been officially announced, but internal discussions are scheduled to take place on November 20.

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