On Thursday, the European Union and Britain reached a trade agreement for the post-"Brexit period".

The curtain falls on about 10 months of painstaking negotiations over the nature of the relationship with the bloc when the kingdom leaves the single market.

The agreement was hailed by all European leaders, in what British Prime Minister Boris Johnson called it a "Christmas gift" to the British.

Here is what has been revealed so far from the 2,000-page unpublished agreement, covering issues from hunting to future competition after December 31:

customs fees

The agreement means that there will be no duties or quotas on British and European products, which will be exchanged between the two parties.

British exports will still have to comply with health and safety standards set by the European Union, while strict rules govern products made with ingredients sourced outside the UK or EU.

London praised the absence of the fees as a major positive point in the agreement, which at the same time would help preserve part of the advantages that Britain enjoyed mainly as a member of the bloc.

the hunt

One of the thorny and politically flammable issues in the future of the European Union's fishermen in Britain's rich waters was the last point resolved before the announcement of the agreement.

Britain has repeatedly insisted that it wants to regain full control of its waters, while coastal European Union states have sought to secure fishing rights in UK waters.

In the end, the two sides reached a settlement whereby European Union boats would gradually give up 25% of their current quotas during a transitional period of 5 and a half years.

After that, negotiations will be held annually over the quantities of fish that EU boats can get from British waters.

In the event that the result is not satisfactory for Brussels, it will be able to take economic measures against the United Kingdom.

Equal opportunities

Another stumbling block was the so-called "equal opportunity" rules, which the European Union insisted on;

To prevent British companies from having an advantage over their European competitors in the event that London lowered its standards in the future or boosted its industries.

The United Kingdom worked hard;

To avoid a system that would enable Brussels to compel it to abide by agglomeration rules on matters such as environmental rules, employment or state subsidies.

the customs

Britain will leave the European Customs Union and the single market at the end of the year, which means that businesses will face a series of new restrictions on imports and exports across the English Channel.

The United Kingdom stated that the agreement allowed recognition of the "trusted trader" plans, which would reduce bureaucracy on both sides;

But it remains unclear to what degree this can be applied.

Security

The European Union says the agreement "establishes a new framework for law enforcement and judicial cooperation in criminal and civil law matters."

For its part, London indicated that the two parties will continue to share DNA-related information, fingerprints and passenger information, and will cooperate within the framework of the European law enforcement agency, "Europol".

Brussels states that "security cooperation can be suspended in the event of violations by the United Kingdom of its obligations, in relation to continued compliance with the European Charter of Human Rights."

Big changes

Despite the agreement, the two sides warned that "big changes" will come from the first of next month for individuals and businesses across Europe.

It will not be possible for UK and EU citizens to continue to benefit from the freedom of movement to reside and work on both sides of the border.

Brussels confirmed that the free movement of people, goods, services and capital between the United Kingdom and the European Union will end.

"The European Union and the United Kingdom will form two separate markets, two separate regulatory spaces and laws. This will create two-way restrictions on the exchange of goods and services and on cross-border movement and exchanges, which do not exist today," she added.