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Britain and Canada begin talks on a new free trade agreement

Britain and Canada begin talks on a new free trade agreement today as the British trade minister met with her Canadian counterpart to try to deepen the two countries’ already $ 25 billion economic ties, the report said. Reuters.

“There is tremendous potential for strengthening and growing trade between our two countries,” said British Commerce Secretary Anne-Marie Trevelian.

“We want a new agreement for the 21st century – an agreement that will boost our thriving service sector, promote a higher standard of living and serve as a beacon for others to follow its world-leading commitments on climate change and economic empowerment. of the women”.

The British Ministry of Commerce noted that the trade relationship with Canada amounted to $ 25 billion in 2020 and that a new agreement could help facilitate the trade services sector.

He also said Britain would seek to reduce administrative barriers that could prevent smaller businesses from gaining access to the preferential tariffs already in place.

Trevelian is meeting with Canadian counterpart Mary Ng in Ottawa after reaching an agreement with the United States earlier this week to end a four-year dispute over US steel and aluminum tariffs during a visit.

Source: Capital

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