UK strikes post-Brexit trade deal with three European countries | Malay Mail

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LONDON, June 5 — Britain announced yesterday a free-trade agreement with three European countries — major fishing neighbour Norway as well as Iceland and Liechtenstein — in its latest move to boost trade ties post-Brexit. The deal, agreed in principle and which builds on “an economic...

LONDON, June 5 — Britain announced yesterday a free-trade agreement with three European countries — major fishing neighbour Norway as well as Iceland and Liechtenstein — in its latest move to boost trade ties post-Brexit.

Since then, Prime Minister Boris Johnson’s government has replicated or rolled over existing trade agreements with the bloc and several countries, vowing that they will be more advantageous than those negotiated by the EU. “There are also tariff reductions and quotas on pork, poultry and other goods. UK wines and spirits including Scotch Whisky will also now be recognised in Norway and Iceland,” the statement added.“All documents, contracts and signatures can be electronic, allowing goods to move seamlessly across borders and saving businesses time and money,” the statement said.

Yesterday's agreement also calls for caps on the charges mobile operators are allowed to charge each other for international mobile roaming, and mutual recognition of professional qualifications, such as nurses, lawyers and vets.Prior to Brexit, Britain, Norway, Iceland and Liechtenstein had signed a temporary agreement enabling them to continue to trade goods freely pending a broader, permanent agreement.

With Brexit, Britain also quit the EEA, which allows for the free movement of people, goods, services and capital between the EU, Norway, Iceland and Liechtenstein.

 

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