Commission President Jose Manuel Barroso described the pact as a `` game changer '' and said it `` is a boost to our economies that does not cost a cent of taxpayer money . '' The EU estimates the partnership could boost the bloc 's annual economic output by 0.5 % . But it is not clear how much of that would be due to trade and investment between Britain and the EU. If finalized , the deal would be the biggest bilateral trade agreement ever negotiated .
The EU estimates the partnership could boost the bloc 's annual economic output by 0.5 % . But it is not clear how much of that would be due to trade and investment between Britain and the EU. If finalized , the deal would be the biggest bilateral trade agreement ever negotiated .