What has actually been agreed: Key points from the 585-page draft deal

Goods: There will be no tariffs, fees, charges or “quantitative restrictions” with EU countries across all goods sectors. The UK will take on the responsibility of applying border checks on behalf of the EU – a plan to prevent a hard border in Northern Ireland. Citizens rights and free movement: EU nationals living in the UK for five years and Brits living in EU states will retain their rights and be able to have their family live with them. UK nationals abroad may also have to reapply for their residence status. Freedom of movement will end and be replaced by a skills-based immigration system. There will also be visa-free travel for all short-term trips to EU countries.

Backstop: The so-called Irish backstop is written into the withdrawal agreement to ensure no hard border returns on the island of Ireland. The UK will not be able to withdraw from the backstop arrangement unilaterally. Instead an independent arbitration panel consisting of five people – two from the UK side, two from the EU side and one independent person – will judge if and when the backstop can come to an end. Transition period: Once the UK officially leaves the EU on 29 March 2019, both sides have agreed the UK will enter into a transition period, consisting of a “single customs territory” with the EU. This will give time for London and Brussels to thrash out a future trade agreement. The end date has been set for December 2020, but the Written Agreement contains provisions allowing the transition period to be extended should it be required to allow more time for a trade deal.

Fishing: The issue has yet to be resolved and has essentially been “parked”, with a view to being thrashed out as part of the future trade deal. The political declaration merely sets out an aim to establish a “new fisheries agreement ... on access to waters and quota shares” for future fishing opportunities after the transition period.

Law enforcement: The European Arrest Warrant will end under the terms agreed in the deal, meaning a European member state could reject a demand for extradition from the UK and vice versa. The two sides have agreed to secure “swift and effective arrangements” to allow both sides to extradite criminal suspects in any future deal.

Security: The draft states co-operation in defence missions and security issues will be considered on a “case-by-case basis” and will be supported by exchanges of information and intelligence. It adds there will be a “timely exchange of intelligence” between the UK and “relevant” EU bodies. There will also be consideration for “appropriate arrangements” on space co-operation such as satellite navigation.

Gibraltar: There will be special protocols in place for Gibraltar and Cyprus to enable people continue to live normally. A special co-ordinating committee will be created.