But huge differences remain as the us, canada and mexico try to hold together one of the worlds biggest free trade zones. And russias Biggest Oil Company is leading a 13 billion deal which will secure it thousands of petrol stations across india. Hello and a very warm while on to World Business report, wherever you are watching. I am ben bland. The us, canada and mexico have finished their first round of talks to overhaul north Americas Free trade deal, nafta. It follows president trumps threats to scrap the pact, saying its been a disaster for us workers. The countries have pledged to reach an agreement by early next year, but some trade experts have warned the timetable is just too tight. There are huge challenges ahead. The us says it wants new measures to make sure a substantial proportion of vehicles covered by the deal are made in america. At the momentjust over 62 of each vehicle must come from one of the three countries but reports suggest the us hasnt yet revealed how it wants
England is back in a National Lockdown as soaring covid case numbers threaten to overwhelm the health service. The move follows advice from the uks chief medical officers who raised the coronavirus alert level to the highest possible. Mrjohnson said the weeks ahead will be the hardest yet. It will be the hardest yet. Is clear that we need to t more it is clear that we need to do more together to bring this new variant under control while our vaccines are rolled out. In england we must therefore enter a National Lockdown which is tough enough to contain this variant. That means the government is once again instruct you to stay at home. You may only leave home for limited reasons omitted in law such as to shop for essentials, to work if you absolutely cannot work from home, to exercise, to seek medical assistance such as getting a covid test or to escape domestic abuse. Boris johnson didnt announce any new support for businesses though, something that worried a lot of Business Leaders. H
Lots to discuss so lets get started. Today is the start of the first full week for traders who are getting to grips the new terms of engagement between the uk and the european union. Many Companies Face new checks, regulations and paperwork. Business groups warn that could cost them money and fear it could lead to significant delays at borders, at least until the new system settles down. So how is it going so far . Are we experiencing any delays at the uks borders . Joining me now is alex veitch, head of Public Policy at logistics uk. Really good to see you again. What are you hearing . 50 really good to see you again. What are you hearing . So far so good, good morning to you. Its been a quiet weekend, volumes have been down, been low but we do expect things to ramp up this week and so we are hoping that everybody has been listening to the advice from the government, from ourselves, and has been busily getting ready for all of the new customs and other kind of paperwork to do from tod
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