New Delhi, Dec. 18 -- Britain will rejoin the European Union's flagship Erasmus student-exchange program, it was announced Wednesday, in a major step for efforts to reset the U.K.'s post-Brexit relations with the 27-nation bloc.

British university and college students and apprentices will be able to study or train in EU countries under the program without paying extra foreign-student fees from January 2027. In turn, students from EU countries will be able to study in Britain.

The agreement also covers opportunities to study or train abroad for school pupils, adult learners, educators and sports coaches.

Britain's EU Relations Minister Nick Thomas-Symonds said the agreement "is a huge win for our young people, breaking down barriers and...