Moving People

News

/ News / Article

  • Reuters

Norway, Britain in provisional trade agreement on goods for no-deal Brexit scenario



Norway and Britain have signed a temporary, limited agreement to help maintain trade in goods in case there is no final Brexit trade deal in place by year-end, the Norwegian Industry ministry said today.

Talks to put in a place a permanent, comprehensive free trade agreement were still ongoing, the ministry added.


“Norway and Britain realize it is unrealistic to have a deal in place by January 1 and so have put in place a temporary agreement for goods,” the industry ministry said in a statement.

Norway said it was also considering temporary solutions for services and investments, in addition to the goods agreement announced today.


Norway is not in the European Union and Britain left the bloc on January 31, but both countries still trade under the same market rules of the European Economic Area (EEA), comprised of EU and EFTA (European Free Trade Association) member states.

construction-image1.jpg

Subscribe and keep up to date with all the latest news from Oakmark

Subtle Shapes Transparent
WEST AFRICA'S NO.1 ECONOMIC AGENTS

Oakmark Global Vision provides a bespoke business package to established corporate bodies, investors, and entrepreneurs who desire to enter the West & Pan African market. Find out more >

© 2020 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

Regional Office

International Office

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

+234 -(0)- 929 207 02

+234 (0) 704 497 6500

info@oakmarkglobalvision.com

King Court, 17 School Road

Hall Green, Birmingham

United Kingdom  B28, 8JG

+44 (0) 121 244 1814

+44 (0) 746 625 2505

info@oakmarkglobalvision.com

 Oakmark Global Vision Limited