Link+ Archive News
November 27, 2020

Canada and the United Kingdom conclude transitional post-Brexit trade agreement

With the fast approaching departure of United Kingdom from the European Union (and CETA) the governments of Canada and the UK have announced the successful conclusion of talks for the Canada-United Kingdom Trade Continuity Agreement, an interim deal that will be in place as Canada and the United Kingdom work towards negotiating a comprehensive free trade agreement.

As CETA will no longer apply to the United Kingdom beginning January 1, 2021, the new agreement will provide continued access to the benefits of CETA on a bilateral basis.

This will provide stability and predictability for businesses, exporters, and workers in both Canada and the United Kingdom

Two-way merchandise trade with the United Kingdom totalled $29 billion in 2019, making it Canada’s fifth largest trading partner after the U.S., China, Mexico and Japan.

CETA continues to govern Canada-EU trade and is unchanged by the successful conclusion of Canada’s Trade Continuity Agreement with the United Kingdom.

Back to News

Our Service Promise

Your time is valuable. We get that. That’s why you’ll always get a live person, not a voicemail, you’ll get answers to each and every enquiry made and you’ll always be completely satisfied with the level of service you receive at Link+

Contact Us