A spokesperson for Downing Street said that Prime Minister Theresa May would brief her Cabinet ministers one by one through Tuesday night, before a special cabinet meeting at 2pm on Wednesday to review the deal and "decide on next steps".
"Tory Brexit rebel leader Jacob Rees-Mogg, who was at the heart of coup plotting Tuesday told Sky News of the Prime Minister's plan: "...she hasn't so much struck a deal as surrendered to Brussels, and given in to them on everything that they want, and tried to frustrate Brexit.
Both the United Kingdom and EU want to schedule a special summit of European leaders at the end of November to sign off the reportedly 500-page withdrawal deal and the much shorter outline declaration of their future relationship.
The EU's chief Brexit negotiator, Michel Barnier will brief ambassadors from the 27 member states this morning, as part of a carefully choreographed response to the agreement reached on the Irish backstop by EU and United Kingdom negotiators.
According to the Financial Times, the E.U.'s Chief Negotiator Michel Barnier has said a Brexit treaty "is nearly ready".
European Union diplomats did not have high hopes for a breakthrough this week that would allow for a summit of national leaders to rubber-stamp a Brexit deal this month.
The EU and the United Kingdom need an agreement to keep trade flowing between the world's biggest trading bloc and the United Kingdom, home to the biggest worldwide financial center.
Former foreign secretary Boris Johnson - who had not seen the text of the deal - signalled his intention to vote against it. "Cabinet to meet early afternoon tomorrow. might be official confirmation soon".
It also provides for additional "deeper" provisions for Northern Ireland on customs and regulations, RTE said.
Meanwhile other political leaders in Northern Ireland have given a cautious welcome to a draft deal being agreed.
Britain and the European Union agree there must be no barriers that could disrupt businesses and residents on either side of the border and undermine Northern Ireland's hard-won peace process - but they have differed on how to achieve that.
Differences remain between Britain and the bloc over how to ensure the border between Northern Ireland and Ireland remains open after Brexit.
'We will accept European Union laws but be unable to shape them.
"It's vassal state stuff as for the first time in 1000 years this parliament will not have a say over the laws that govern this country".
Trade Secretary Liam Fox, Leadsom, and Mordaunt "all campaigned with us for Brexit and need to stop this from ever reaching the Commons", the MP said. This would leave parliaments in Westminster and Brussels with precious little time to scrutinise it, and May's government with no choice but to begin no-deal preparation.
Senior officials had discussed yesterday whether United Kingdom nationals should be treated as "third country" nationals as part of its no-deal planning, which would require travellers to buy a 60-euro (£52) permit to cross the channel.
In a joint letter, Labour Party leader Jeremy Corbyn, Ian Blackford, leader of the Scottish National Party in the British parliament, and Liberal Democrat leader Vince Cable called for the right to put down amendments before the vote - effectively giving parliament a vote on an alternative path.