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Who wins from the UK s new trade deal with Norway? | Analysis & Features

UK strikes post-Brexit trade deal with Norway, Iceland and Liechtenstein

The United Kingdom has announced a new post-Brexit trade deal with Norway, Iceland and Liechtenstein, boosting a relationship already worth £21.6 billion (€25.17 billion). The agreement includes the digital and farming sectors and will boost the economy and support jobs, the British government said in a news release. UK International Trade Secretary Liz Truss said the deal is a major boost for trade with the three other nations. It is said to be the most advanced the trio have done to date, with dedicated chapters on the digital trade and small businesses. In what it describes as cutting edge digital provisions , the British statement says UK firms exporting to Norway and Iceland will benefit from commitments that limit red tape and allow goods to move seamlessly across borders .

UK does deal with Norway and Iceland to soften new Brexit trade barriers

UK does deal with Norway and Iceland to soften new Brexit trade barriers Jon Stone © NTB/AFP via Getty Images Norwegian Prime Minister Erna Solberg and Norwegian Minister of Trade and Industry Iselin Nybø address a press conference on trade with the UK - NTB/AFP via Getty Images Britain has agreed a new trade deal with Norway, Iceland and Lichtenstein that will soften some of the new trade barriers created by Brexit. Under the agreement announced by trade secretary Liz Truss, new tariffs on some cheeses and fish would be reduced to lower levels or eliminated. As a member of the single market Britain previously enjoyed tariff free access to the markets of the EFTA states, which are not inside the EU but are closely aligned on trade policy.

EU leaders drawing up code of conduct for dealing with Brexit Britain

EU members states are looking to draw up a "code of conduct" for dealing with the British government amid fears Boris Johnson could try to play them off against each other. The code could require meetings with the UK concerning European affairs to be reported to Brussels, which would keep tabs on British lobbying of countries. Since the EU referendum the UK government has made no secret of the fact it tries to play member states off against each.

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