Canada, Britain strike new trade, beating Brexit, incorporating expiring EU pact
Prime Minister Justin Trudeau and his British counterpart, Boris Johnson, announced the deal during a live video news conference on Saturday morning.,, Britain’s decision to leave the EU after its Brexit referendum means that the Comprehensive Economic and Trade Agreement, or CETA, will no longer apply to the country at the end of the year. The new deal preserves CETA’s key provision until a more comprehensive agreement can be reached later: the elimination of tariffs on 98 per cent of Canadian exports to Britain, which is Canada’s fifth largest trading partner with $29 billion in two-way merchandise trade in 2019. >click to read< 09:35
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