Brexit: £20bn UK-Norway trade deal implodes over British beef and cheese as crucial deadline passes
(AFP via Getty Images)
A wide-ranging free trade pact between the UK and Norway will have to be pushed back as Norway’s coalition government failed to reach an agreement today.
The three governing parties had until today to reach consensus over fears that a free trade deal would hit farmers in Scandinavia’s richest country too hard.
The Christian Democrats party (Krf), part of the current coalition government, refuses to open up the Norwegian market to British beef and cheese, fearing non-tariff access would put many farmers in the country out of businesses.
Multi-million pound minerals processing plant confirmed for Teesside bringing 130 jobs
Peak Resources is to take on a 250-year lease to develop a rare earth processing plant at Wilton
09:06, 28 MAY 2021
Updated
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Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Plans for a multi-million pound rare earth refinery on Teesside creating 130 jobs have taken a major step forward after the firm behind the scheme agreed a deal to develop land at Wilton.
Australian firm Peak Resources announced on Friday it is to take on a 250-year lease over a 19-hectare parcel of land at the Wilton International Site.
A wide-ranging free trade agreement between the UK and Norway will have to be pushed back as Norway’s coalition government The post Brexit: £20bn UK-Norway trade deal stalls over British beef and cheese as crucial deadline passes appeared first on CityAM.