European Union and British negotiators have agreed on an outline Brexit deal that still needs to be backed by EU member states and by the respective parliaments.
European Commission President Jean-Claude Juncker tweeted: “We have one! It’s a fair and balanced agreement for the EU and the UK and it is testament to our commitment to find solutions.”
British Prime Minister Boris Johnson tweeted that the two sides had struck a “great new deal” and urged UK MPs to ratify it in a special session on Saturday.
Juncker said he would recommend the 27 EU nations to endorse the deal during their summit later on Thursday.
The new Brexit deal still faces resistance from the Northern Irish Democratic Unionist Party (DUP).
Britain and the European Union have been racing to renegotiate the Withdrawal Agreement in time for an October 31 Brexit but the deal still needs approval from parliament.
The DUP, who have expressed concerns that the Brexit deal could cut Northern Ireland off from Britain in customs and regulatory terms, said there had been no change in their position following the confirmation of the deal.
Earlier the DUP had said it could not support the last-ditch Brexit proposal due to concerns about the issues of customs and consent, adding there was a lack of clarity on VAT (sales tax) arrangements.