"The UK is hoping to secure an agreement within weeks to rejoin the EU's flagship student mobility programme, as part of a drive to pursue closer relations with Brussels after a setback on defence. Negotiators are aiming to finalise a deal by January that would allow the UK to participate in Erasmus from 2027 onwards, according to two UK and EU officials."
"The UK rejoining the 23bn Erasmus scheme has been a key demand from EU capitals as part of reset talks, alongside a mobility deal that would grant young Europeans the right to live and work in the UK for several years and Britons to do the same in Europe. A quick breakthrough on Erasmus would help ministers signal that they are making progress in their drive to improve relations with the EU after a setback last week, when talks over defence broke down."
Negotiators aim to finalise a deal by January for the UK to participate in Erasmus from 2027, as part of efforts to pursue closer relations with the EU. The UK left Erasmus after Brexit when Boris Johnson questioned its value for money. The Labour government reopened talks and is seeking lower participation costs. Rejoining the 23bn Erasmus scheme is a key EU demand alongside a mobility deal granting multi-year rights to live and work between the UK and Europe. Defence talks collapsed over funding, limiting UK firms' project contributions to 35%. The prime minister said Brexit harmed the economy and urged closer EU ties.
Read at www.theguardian.com
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