Canadian Prime Minister Justin Trudeau and British Prime Minister Boris Johnson, join Canada's International Trade Minister Mary Ng and British International Trade Secretary Liz Truss, to talk trade. The U.K. signed an interim trade deal with Canada giving it more time to negotiate future trading rules as the British government prepares the country for business life outside the European Union. “Our negotiators have been working flat-out to secure trade deals for the U.K., and from as early next year we have agreed to start work on a new, bespoke trade deal with Canada that will go even further in meeting the needs of our economy,” Johnson said. The U.K. has now secured post-Brexit trade deals with 53 countries accounting for 164 billion pounds (US$218 billion) of bilateral trade, the government said. Without an agreement on future relations between Britain and the EU, trade between the two entities would be carried out under World Trade Organization terms.

Source: The Standard November 23, 2020 06:33 UTC