Canada to model post-Brexit Britain trade on Europe trade accord - News Summed Up

Canada to model post-Brexit Britain trade on Europe trade accord


But the timeline for the trade negotiations remains up in the air, as Britain is required to wrap up Brexit — expected in 2019 — before embarking on separate bilateral agreements. May and her Canadian counterpart, Justin Trudeau, spoke at a joint press conference of the importance of “stability and continuity” in the two nations’ economic relationship post-Brexit. “The UK and Canada have a strong and growing economic relationship. The EU-Canada Comprehensive Economic and Trade Agreement (CETA) is to provisionally take effect on Thursday, removing 99% of customs duties between the two sides. Britain is Canada’s largest trading partner in Europe and can take advantage of CETA as long as it remains a part of the EU.


Source: Dhaka Tribune September 19, 2017 00:56 UTC



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