The UK has signed a post-Brexit trade deal with a group of Caribbean countries including Jamaica and Barbados. The push to tie up rollover deals now covers about one third of UK’s £117bn annual trade.
The Department for International Trade said it had signed an economic partnership agreement with the Caribbean forum (Cariforum) of nations, helping to maintain the imports of good including bananas, rum and sugar to Britain.
The deal means the government’s push to roll over EU trade deals from which the UK benefits has yielded agreements covering a little more than a third of its trade with the countries involved.
After securing agreements with Norway and Iceland earlier this week, ministers have now signed deals covering about £43bn out of the £117bn of annual British trade with the almost 70 countries the EU agreements cover, up from £16bn last month. [...]
The agreement covers as much as £2.5bn in annual trade with Caribbean nations including Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, and Saint Vincent and the Grenadines.
Full article on The Guardian
© The Guardian
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article