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The "continuity agreement" will see the two countries continue to trade as they do now, after Brexit.
Via Graham Watson
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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics |
Scoop.it!
Via Graham Watson
Crack open the champagne, that's another trade deal in the bag, this time with Switzerland. The Swiss join Chile, the Faroe Islands and Eastern and Southern Africa as being the only four places to have agreed trade deals with the UK. Not quite the 40 promised by Dr.Fox but getting there.
However, these deals are far from radical - seeing the countries continue to trade as they do now - with the Swiss representing "around £32bn of trade...with 15,000 British exporters trading with the country."
And I'm afraid I don't believe the rhetoric that "Switzerland is one of the most valuable trading partners that we are seeking continuity for": even the Swiss might be able to see through that.