UK strikes trade deal with Norway, Iceland, Lichtenstein
The post-Brexit deal between the UK and other non-EU nations will slash tariffs and replace provisional agreements. Britain is Norway s largest trade partner.
British International Trade Secretary Liz Truss
The UK announced a post-Brexit trade deal with Norway, Iceland and Lichtenstein on Friday.
The agreement will lower tariffs on British food and agricultural products. It replaces the provisional arrangements that had been in place since the UK exited the EU last year.
What was said about the post-Brexit deal?
British International Trade Secretary Liz Truss called it a major boost for our trade and noted the deal would enhance an economic relationship already worth 21.6 billion pounds ($30 billion, €25 billion), while supporting jobs and prosperity.
Read more about Britain seals post-Brexit trade deals with Norway, Iceland, Liechtenstein on Business Standard. Norwegian Prime Minister Erna Solberg told a news conference in Oslo that "the deal allows for growth in trade for both our countries".
OSLO: Britain has clinched post-Brexit trade agreements with Norway, Iceland and Liechtenstein as it seeks to forge new global trading relationships after leaving the EU. The three nations, which are part of the European Economic Area allowing them access to the single market, have relied on temporary trade arrangements with Britain since the end of a Brexit transition period
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