Canada, UK reach transitional trade agreement

Canada, UK reach transitional trade agreement

The government of Canada announced Saturday the conclusion of “successful” transitional trade talks with the U.K.

The press release said the two countries reached an interim deal, the Canada-United Kingdom Trade Continuity Agreement, as a placeholder for a more comprehensive trade agreement. The U.K.’s departure from the European Union and “by extension the Canada-European Union Comprehensive Economic and Trade Agreement (CETA)” necessitated the change.

CETA no longer applies to the U.K. as of...

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