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<p>The financial settlement under the European Union Withdrawal Agreement Act 2020
(WA) represents the negotiated agreement over the UK’s historical financial commitments
to the EU and those of the European Union (EU) to the UK. This financial arrangement
is related to the UK’s past obligations as a departing Member State and does not relate
to any continuing arrangements.</p><p> </p><p>Details of how much money the UK has
paid the EU, its purposes, forecasts of future payments and timings are set out in
the annual European Union Finances Statement. The most recent version covers payments
made in 2022 and is available in the library of the House and on Gov.uk.</p><p> </p><p>Additionally,
departments make payments in areas of continuing cooperation with the EU. These include
the Peace+ programme and, from 2024, the Horizon Europe and Copernicus programmes.
Details of payments are set out in the relevant departments’ annual accounts.</p>
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