Chief Minister Tony Brown has signed what's described as "a landmark declaration", recognising the Isle of Man has its own identity and interests in the international arena.

The framework of principles has been agreed between the governments of the Isle of Man and the United Kingdom, and reinforces the Island's separate status within its constitutional relationship with the UK.

Mr Brown says it's "a significant step forward in our evolution as a mature and responsible democracy and confirms, in writing, that the Island has its own distinct and legitimate interests on the world stage, which may differ from those of the United Kingdom.

He says there is now greater clarity about the Island's position, which should help it to flourish as a reputable centre for international business.

The United Kingdom has ultimate responsibility for the Isle of Man internationally, and historically all international matters affecting the Island were handled by the UK.

However, in recent years the Island has started to deal directly with other governments and organisations, and there is a growing awareness it has its own interests.

The agreement was signed on behalf of the UK by the Lord Chancellor, Lord Falconer.

(Picture: Chief Minister, Tony Brown).