UK and Canada Sign Trade Continuity Agreement

Posted by Kelsay Calvaruso on 12/29/20 5:00 PM

On December 9, 2020, in a press release, the Government of the United Kingdom (UK) announced the signing of a trade continuity agreement with Canada. The agreement is meant to ease the transition as the UK exits the European Union (EU).

UK International Trade Secretary Liz Truss said of the agreement, “This is a brilliant deal for Global Britain. It secures £20bn worth of trade with a friend and ally that shares our commitment to free enterprise, democracy and free trade. It provides certainty for car and food and drink exporters in particular, and paves the way for a more advanced deal that goes further and faster in modern areas like digital and data, women’s economic empowerment and the environment.”

The press release can be found here:
https://www.gov.uk/government/news/uk-and-canada-sign-trade-agreement#:~:text=The%20UK%20and%20Canada%20have,Canada%20trade%20deal%20in%202021

The Canada Border Services Agency (CBSA) has also issued a notice on the agreement, and can be found here: 
https://www.cbsa-asfc.gc.ca/publications/cn-ad/cn20-39-eng.html 

Topics: UK, Trade Agreements, Canada

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