LONDON/TORONTO (Reuters) - Britain and Canada struck a rollover trade deal on Saturday to protect the flow of $27 billion-worth (£20.32 billion) of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year.
Her Canadian counterpart Mary Ng said the transitional agreement “largely replicates” the EU deal on tariff reductions and provisions for labour and environment.
“We do want an ambitious, high level comprehensive trade agreement with the UK,” Ng said, signalling Canada wanted similar terms to the EU deal.
In less than two years it has agreed trade deals with 53 countries, accounting for 164 billion pounds ($217.82 billion) of British bilateral trade.
The UK-Canada Trade Continuity Agreement will be subject to final legal checks before it is formally signed.
Boris Johnson, Canada’s Justin Trudeau, “, Liz Truss, Mary Ng, ” Ng, Johnson, ” Trudeau
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