Britain in post-Brexit trade deals with Norway, Iceland, Liechtenstein
"The deal allows for growth in trade for both our countries," Norwegian Prime Minister Erna Solberg told a news conference in Oslo. Total trade between Britain and Norway was 20.4 billion pounds ($28.81 billion) in 2020, making it Britain's 13th largest trading partner. Britain is Norway's top trading partner, primarily thanks to big gas exports.
Norway, Iceland, and Liechtenstein have reached agreements with Britain on their post-Brexit trade relations, the countries said on Friday.
Since Britain departed from the European Union last year and a transition period that ended on Dec. 31, Britain and EU outsiders Norway, Iceland, and Liechtenstein have relied on temporary trade arrangements. "The deal allows for growth in trade for both our countries," Norwegian Prime Minister Erna Solberg told a news conference in Oslo.
Total trade between Britain and Norway was 20.4 billion pounds ($28.81 billion) in 2020, making it Britain's 13th largest trading partner. Britain is Norway's top trading partner, primarily thanks to big gas exports. This trade was made up of 8.1 billion in exports and 12.3 billion in imports. Top British goods exports were ships, oil, and aircraft, while the largest imports were oil, gas, metals, fish, and seafood.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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