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Wednesday, February 13, 2019

Britain - Brexit: Britain admits it will fail to roll over EU trade deals – by Benjamin Fox

The UK government has admitted that it will fail to roll over all trade treaties involving the European Union and third countries by 29 March, with international trade secretary Liam Fox confirming that negotiations with some countries have now been prioritised over others.

Fox’s department made the admission in the minutes of a meeting with senior business figures from companies including Burberry, Mulberry and Hornby, which were released on Monday (11 February).

The UK is seeking to roll over around 40 trade agreements between the EU and third countries which account for around 12% of its total international trade.

Government ministers have consistently stated that all countries had agreed in principle to roll over their deals with the EU to the UK after it leaves the bloc.

Read more at: Britain  admits it will fail to roll over EU trade deals – EURACTIV.com