Brexit talks on hold after European Union negotiator tests positive for Covid-19

Clay Curtis
November 22, 2020

Both sides had ear-marked next week for an agreement in order for it to have a chance of being ratified by European legislatures and the United Kingdom parliament before the end of the year when the post-Brexit transition period ends.

The new deal will roll over the provisions in the Canada-EU Comprehensive Economic and Trade Agreement (CETA), which will no longer include Britain on January 1. For Canada, the transition has meant CETA continued to apply to its trade relations with Britain. Meanwhile, trade negotiations are ongoing with countries including Australia, New Zealand and the United States.

Effective since December 30, 2018, the CPTPP is a trade pact among 11 countries, including Japan, Canada, Australia, Singapore, Chile, and Mexico, whose aggregate gross domestic product accounts for 13 percent of the world economy.

"We do want an ambitious, high level comprehensive trade agreement with the UK", Ng said, signalling Canada wanted similar terms to the European Union deal. "British businesses export everything from electric cars to sparkling wine to Canada, and today's deal will ensure that trade goes from strength to strength", Prime Minister Boris Johnson said in a statement.

Speaking during the video call, which also included International Trade Secretary Liz Truss and her counterpart Mary Ng, Mr Trudeau said: "Now we get to continue to work on a bespoke agreement, a comprehensive agreement over the coming years that will really maximise our trade opportunities and boost things for everyone".

The U.K. government says the stopgap agreement paves the way for future negotiations on a new tailor-made U.K.

Google Maps gets COVID-19 features, updates
It is worth noting that this will only apply to English-speaking users in the U.S. in the first place. Next is the COVID-19 overlay improvements to Google Maps that have been launched Back in September .

The U.K. has now secured post-Brexit trade deals with 53 countries accounting for 164 billion pounds ($218 billion) of bilateral trade, the government said.

Josh Hardie, the acting director-general of the Confederation of British Industry described the agreement as a "milestone", adding: "The signing of this deal can now lay the foundations for an even deeper trade agreement, tailored to both economies".

Sunak gave the interview ahead of a spending review on Wednesday when he will set out the government's spending over the next year, after COVID-19 blew a 200 billion pound ($266 billion) hole in Britain's finances.

"I think we've been known to be a country of traders (...) we're a small speck in the greater global world and the more relationships we can have that have good trade possibilities is vital to the Canadian economy..." said Durocher.

Without an agreement on future relations between Britain and the European Union, trade between the two entities would be carried out under World Trade Organization terms.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER