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Britain is determined to reach trade deal with Canada before year-end

Britain is negotiating several bilateral trade deals to come into force once it exits a transition arrangement with the European Union at the end of this year, and many of them would simply replace the terms the bloc had already agreed.

After leaving the EU in January, Prime Minister Boris Johnson is trying to shape a “global Britain” that can strike out alone and negotiate better agreements than the bloc. But so far, his critics point out, the deals are largely the same.

Asked in parliament about how the talks with Canada were progressing, Truss said: “We’re determined to reach a deal with Canada before the end of the year.”

“What we’re negotiating at the moment is the vital continuity agreement but I do hope that in the future, as Canada is a member of the Trans-Pacific Partnership … that we will be able to go much further and build a much deeper relationship with Canada.”

A spokesman for Johnson added to the picture that the deal was close to being signed by saying that the talks were “at an advanced stage and are progressing well”.


Source: Economy - investing.com

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