News

UK to come up with Canada like FT deal

The European country of the United Kingdom is expected to come up with a Canadian style Free Trade Agreement with the European Union.

The British government has already announced their intention. The government has assured to consider all the concerns which have emerged out of the UK’s withdrawal from the economic union.

The UK officially stepped out of the economic union recently.

The challenges that London now faces is not small. What the country expects is an economic uncertainty.

The proposed Free Trade Agreement is considered as an effort to overcome the threat posed by the Brexit.

The EU has not yet responded to the UK FTA announcement. Many European leaders have expressed their concerns about the deal.

The North Atlantic Free Trade Agreement is the most successful Free Trade Agreement that has been launched. It covers the United States, Canada and Mexico. Canada benefits the most from the agreement.

With the Canada model statement, what the UK expects is to benefit hugely from the proposed FTA deal with the EU.


Photo Courtesy: Google/ images are subject to copyright


Leave a Reply

Your email address will not be published. Required fields are marked *