•   
  •   

US News Brexit: UK and Canada announce “fantastic trade deal”

10:50  23 november  2020
10:50  23 november  2020 Source:   bfmtv.com

United Kingdom: Boris Johnson adviser and "Brexit mastermind" Dominic Cummings is leaving

 United Kingdom: Boris Johnson adviser and He was sometimes, in the shadows, a Prime Minister bis. Dominic Cummings, special advisor to Boris Johnson and architect of the Brexit campaign, left his post with the head of government on Friday. He was seen and photographed in the evening, a box in his arms, leaving 10 Downing Street. While he was due to leave before the end of the year, a government source confirmed that he would no longer be officially employed from "mid-December".

The UK and Canada have reached a “ fantastic ” post- Brexit trade deal under the same terms as the current EU agreement. Downing Street said the deal paves the way for negotiations to begin next year on a new “bespoke” agreement with “friend and ally” Canada .

The move is expected to pave the way for negotiations on a tailor-made deal between the two countries next year.

Brexit : le Royaume-Uni et le Canada annoncent un “accord commercial fantastique” © Andrew Parsons / i-Images / Flickr Brexit: UK and Canada announce “fantastic trade deal” As talks on a post-Brexit agreement are moving slowly with the European Union, the United Kingdom comes to an agreement with Canada. Boris Johnson hails good news for the country's jobs and exports. And a new, even more ambitious agreement is hoped for.

Good news for UK trade. While the news of the front with the European Union is mixed, London and Canada have agreed on a provisional post-Brexit trade deal! The British Department for International Trade indicates that it will reproduce from 1 January 2021 on a bilateral basis the agreement that the United Kingdom benefited from as an EU member state. "In a video call today, Prime Minister Boris Johnson and Canadian Prime Minister Justin Trudeau, joined by International Trade Minister Liz Truss and his Canadian counterpart Mary Ng, agreed to a + tentative + renewal agreement the current trade agreement between the EU and Canada, "the ministry wrote in a statement.

China and 14 Asia-Pacific countries sign the world's largest free trade pact.

 China and 14 Asia-Pacific countries sign the world's largest free trade pact. China and 14 other Asia-Pacific countries have made it - and with the agreement are also sending a powerful signal against Trump's protectionism. Scoffers could also speak of a "parting gift". © Kham / REUTERS In Hanoi, Vietnam's Prime Minister Nguyen Xuan Phuc (l.) And Trade Minister Tran Tuan Anh observe the signing of the Agreement. Despite the trade conflict with the USA, China has signed the world's largest free trade agreement with 14 Asia-Pacific states.

“This is a fantastic agreement for Britain which secures transatlantic trade with one of our closest allies,” Mr Johnson said in a statement. “British businesses export everything from electric cars to sparkling wine to Canada , and today’s deal will ensure that trade goes from strength to strength.”

The deal signed with Canada means the two countries will continue to trade under the same rules as when the UK was an EU member state while they negotiate UK Prime Minister Boris Johnson (L) and Canadian Prime Minister Justin Trudeau during official arrivals for a NATO leaders meeting on Dec.

"The agreement reached today consolidates trade worth 20 billion pounds (22.4 billion euros) and guarantees the security of thousands of jobs", welcomed Liz Truss, welcoming the links which historically and culturally unite the United Kingdom with its "friends and allies of Canada". "This is a fantastic deal for the UK, which guarantees transatlantic trade with one of our closest allies," said Boris Johnson, hoping that it "will" strengthen "British exports to Canada already. existing, "electric cars with sparkling wine".

>> To read also - Brexit: no deal or not, the United Kingdom will be shaken by turbulence

The text, not yet officially signed, will however be provisional, because negotiations will open next year to "conclude a new, more ambitious agreement ", indicated the British Minister for International Trade. This "personalized" agreement will allow, according to the press release, to go further "in areas such as digital trade, the environment and the economic development of women". For the moment, it only uses the terms of the treaty signed between the EU and Canada (CETA) and brings no new advantages to British companies, but avoids exporters customs duties estimated at an amount of 42 million pounds. (47 million euros), according to the Ministry of International Trade.

Brexit: Boris Johnson weakened before final sprint

 Brexit: Boris Johnson weakened before final sprint As Brexit negotiations resume on Monday, Boris Johnson has not made any shattering preliminary statements on a possible no-deal exit. He is usually very quick to recall that the country would do very well without deal , but the Prime Minister has been concerned in recent days by the departure of his chief advisor Dominic Cummings, who has made his cards. He followed in the footsteps of Lee Cain, his close associate and Downing Street press secretary.

The UK and Canada have agreed a deal to continue trading under the same terms as the current EU agreement after the Brexit transition period ends. The government said it paved the way for negotiations to begin next year on a new comprehensive deal with Canada . The PM and Canadian

Without the new accord, the UK and Canada would face tariffs on trade from January 1, when the Brexit transition period ends. The UK is set to sign a new trade agreement with Canada to replace the existing deal it has through European Union membership, the government has announced

>> Subscribe to our Companies and Markets newsletter

On the Canadian side, it will allow companies and exporters to maintain "preferential access to the British market, even when the United Kingdom leaves the EU", according to a government statement Canadian. The UK is Canada's leading merchandise export market to Europe. "This will mean stability and predictability for Canadian businesses across the country - which is important in these uncertain times," Mary Ng, Canadian Minister for International Trade, said on Twitter. "We look forward to continuing comprehensive negotiations on an ambitious free trade agreement with the UK," she added.

>> Also read - Brexit: banks will transfer a colossal amount from the United Kingdom to Germany

The provisional agreement will take effect on January 1, 2021, i.e. at the end of the transition period of Brexit , during which the United Kingdom still remains subject to European rules, after officially leaving the EU at the end of January. Discussions on London's post-Brexit relationship with the EU, by far its largest trading partner, will continue virtually next week, due to a case of Covid-19 in the European team, with the hope to avoid major differences and a "no deal".

Brexit: Scotland expects a no deal or a low-scope agreement ... and heavy damage .
© Pixabay Brexit: Scotland expects a no-deal or a low-scope agreement ... and big damage Monster traffic jams with trucks on the roads leading to the ports, long queues at passport control, temporary shortages of certain products ... The end of the post-Brexit transition period risks causing turmoil. "The short-term damage will be serious, but the long-term damage will be worse," Scotland said.

usr: 1
This is interesting!