U.K. and EU Strike Post-Brexit Deal

December 24, 2020

After months of talks and at almost the last minute, Britain and the European Union struck a provisional free-trade agreement Thursday that should avert New Year chaos for cross-border traders and bring a measure of certainty for businesses after years of Brexit turmoil.

With just over a week until the U.K.'s final split from the EU, the British government said the "deal is done." It said the deal was "the first free trade agreement based on zero tariffs and zero quotas that has ever been achieved with the EU."

EU officials also confirmed an agreement had been reached.

This is an excerpt fromthe CBC, the full story can be accessed here.

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

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