Funding to those in the UK on Erasmus, university programmes and working in agriculture, will continue provided the UK agrees to pay its share and abide by EU rules.
This was a draft regulation approved by the European Parliament today, ensuring that EU funds are still available to UK beneficiaries in the event of a No-Deal Brexit.
The draft regulation was presented as a recommendation by the Chair of the Committee on Budgets Johan Van Overtveldt and ‘extends to 2020 the contingency plan approved by the European Parliament on 17 April 2019, previously limited to 2019.’
The proposal was approved by 543 votes, 30 against and with 46 abstentions.
‘The aim is to minimise any negative impact that the UK’s withdrawal may have on beneficiaries of EU funding and on the European Union budget in the case of a no-deal scenario. The measure includes programmes such as Horizon 2020, Erasmus+ and agriculture and regional policies.’
However, these funds will only be approved on the condition that the UK continues to honour its financial contributions to the EU and ‘accepts the necessary controls and audits.’