00:00So what is being discussed right now is the subject of the UK-EU Summit.
00:04That's the package of measures to improve our relationship with the EU.
00:08It covers food and agricultural products.
00:09It covers how our two electricity systems work and interact with each other,
00:13how the emissions trading system works as well.
00:15That is for next month.
00:17And actually, the benefits of those, if we get it right, I think are underappreciated.
00:21What the Prime Minister has also said is, as part of this process going forward,
00:25he wants to set out the long-term options for a sound and consistent and steady relationship
00:31with the European Union, improving our relationship as it stands.
00:34And we'll talk openly to the British public about the different options,
00:38the strengths, the trade-offs of that.
00:40And I think that's the right thing to do.
