Historic UK-EU summit: new opportunities or old pitfalls?

The United Kingdom (‘UK’) and the EU are moving towards a new strategic partnership, Reuters reports ahead of today’s EU-UK summit (May 19) in London. This renewed cooperation, likely a reaction to the turbulent tariff policies of the United States, centers around issues such as support for Ukraine, the Paris Agreement, and free trade. For organizations with interests in both the EU and the UK, this could present new opportunities—but also challenges.

Trade and climate: opportunities for European businesses

Since Brexit, the UK has navigated various trade agreements, but its desire to realign with EU climate policy standards could create openings for companies involved in sustainable technologies. Ahead of her meeting with British Prime Minister Keir Starmer, European Commission President Ursula von der Leyen emphasized the importance of investments in renewable energy in the North Sea. This is particularly relevant for Dutch businesses active in offshore wind, hydrogen production, and green infrastructure. Strategic partnerships could foster supranational collaborative projects beneficial to organizations across multiple countries, notably concerning subsidy programs.

Uniting against the US?

Despite Brexit, the UK remains an important trading partner for the Netherlands and the EU. The draft partnership text highlights a commitment to ‘free and open trade’ and mitigating ‘fluctuations in the global economy’—a subtle reference to former President Trump’s policies. This could benefit exports through more streamlined trade agreements. However, the threat of new customs tariffs or trade barriers persists. The upcoming summit should clarify whether there might also be convergence on regulatory standards and customs duties.

Defense industry: a new playing field?

The British defense industry could significantly contribute to Europe’s rearmament, especially as the US appears to withdraw somewhat. European companies producing defense technology and materials could position themselves as partners in new UK-EU defense programs. However, uncertainties remain, notably France’s demands for access to British waters for its fishing industry. Dutch companies might seize this opportunity to position themselves as relatively ‘neutral’ partners for both the EU and the UK.

Migration and labor mobility

Migration issues also feature prominently in the draft text. A notable proposal is the ‘youth experience program,’ allowing EU youths to stay in the UK for up to 12 months without counting towards migration statistics. This presents opportunities for talent development but raises questions about potential impacts on the Dutch labor market and educational institutions. The effects of an unknown number of British youths entering the Dutch labor market and education system remain unpredictable.

Lobbying strategy: time to reposition

For organizations with interests in both the EU and the UK, the new strategic partnership offers not only opportunities but also a tough reality. The geopolitical context remains volatile, and focusing too heavily on Brussels might mean missing opportunities in London—and vice versa. Sectors like defense and sustainable energy are now viewed as strategic growth markets, but competition for subsidies and trade benefits will intensify. Organizations that remain passive or overly cautious risk being sidelined. Now is the moment to invest aggressively in relationships on both sides of the Channel—those who aren’t visible now might find themselves excluded later.