Posted on Jun 04, 2021
The UK has signed a post-Brexit trade deal with Norway, Iceland and Liechtenstein, Liz Truss has announced.
The agreement will be a major boost for trade between the four non-EU nations, which is already worth £21.6bn, UK minister Liz Truss said.
She claimed it would boost sectors such as digital and cut tariffs on UK farm products such as cheese and meat.
Britain is Norway's top trading partner outside the European Union (EU).
The UK government said reduced import tariffs on shrimps, prawns and haddock would cut costs for UK fish processing, helping to support jobs in Scotland, East Yorkshire and northern Lincolnshire.As Britain is no longer part of the European Common Fisheries Policy, it must deal directly with Norway and UK fleets are keen to have access to the country's sub-Arctic seas.
Norwegian Prime Minister Erna Solberg said "the deal allows for growth in trade for both our countries".
However, the Norwegian government said the deal with the UK would not restore all the advantages it had when both countries were in the EEA.
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