Home / Market Update / UK and Canada Reach Free Trade Arrangement

UK and Canada Reach Free Trade Arrangement

The United Kingdom (UK) and Canada have agreed transitional measures to maintain the flow of goods between the two countries starting from January 1, 2021, the British Department of International Trade announced on Tuesday.

The new agreement will allow the continuity of free trade, without tariffs, between the two countries after the end of the Brexit transitional period, until the Canadian parliament approves a new bilateral deal, Reuters reported.

Check Also

Gold Jumps Above $4,100 After Weak US Jobs Report Fuels Fed Rate Cut Hopes

The disappointing US payrolls data sends the dollar lower and boosts safe-haven demand. Gold rallied …