UK puts pen to paper on Norway, Iceland and Liechtenstein trade deal
The UK has officially signed a £21.6bn trade deal with Norway, Iceland and Liechtenstein in a London ceremony today.
The deal was agreed in principle last month and includes things a cut on tariffs for Norwegian fish exports and British pork and poultry exports.
The Department for International Trade also said “the deal’s cutting-edge digital provisions mean we’re slashing red tape”, because “electronic documents, contracts and signatures will result in less paperwork”.
International trade minister Ranil Jayawardena was at the signing ceremony today.
“Norway, Iceland and Liechtenstein have gone further with us than any other free trade agreement partner, including new cutting-edge digital provisions to enable slicker trade across our borders,” he said.
“I look forward to seeing businesses in every corner of the United Kingdom take advantage of streamlined trade, banished barriers and policy that backs jobs and growth.”