UK signs first great trade deal

[Eirikur]

With the Faroe Islands

UK and Faroe Islands sign trade continuity agreement - GOV.UK

So the Faroes can export £200M worth of fish into the UK, hardly anything goes the other way

So much winning

[shaunbhoy]

With the Faroe Islands

UK and Faroe Islands sign trade continuity agreement - GOV.UK

So the Faroes can export £200M worth of fish into the UK, hardly anything goes the other way

So much winning

And this is bad news how?

You need to remember, according to Bremainiac logic we will all be starving to death by mid-april.

[Paddy]

And this is bad news how?

You need to remember, according to Breamainiac logic we will all be starving to death by mid-april.

It includes free movement of Faroe Islander to work and settle in the UK but not vice versa.

[Old Greg]

And this is bad news how?

You need to remember, according to Bremainiac logic we will all be starving to death by mid-april.

This is great news! Final victory is in sight.

[AtW]

And this is bad news how?

Bad news for British fishermen

[AtW]

" UK and Faroe Islands sign trade continuity agreement "

"Consumers in the UK will potentially benefit from greater choice and lower prices for fish and seafood such as Atlantic salmon, haddock and halibut."

[Platypus]

Who cares, maybe we did it to be nice to them rather than for shellfish reasons?

[meridian]

UK signs first great trade deal

And this is bad news how?

You need to remember, according to Bremainiac logic we will all be starving to death by mid-april.

It’s great news!

A50 states that treaties and trade deals through the EU cease on exit, but part of the Deal is that the EU will not object if the existing trade deals are rolled over to the U.K.

However, it is up to the U.K. to agree this with each partner.

So, after two years of Brexit and only a few weeks to go, we’ve got one!

Only 39 more to do, covering 70 countries.

Subscribe to read | Financial Times

The UK government has told businesses it cannot guarantee the British economy will be covered by “most” of the EU’s global network of trade agreements immediately after Brexit — even if parliament approves Theresa May’s divorce deal with Brussels.

The admission by the Department for International Trade that the UK will fail to conclude trade deals with most non-EU countries by the scheduled Brexit date of March 29 infuriated many executives taking part in a briefing.

The DIT told 30 business representatives on Wednesday that, while trade agreements with Switzerland, Israel and some African nations would be wrapped up before Brexit, there was no certainty that other deals Brussels has with countries around with the world could be rolled over or duplicated in time.

Even deals with big trading partners such as Canada and South Korea are in doubt.

The EU has 40 preferential trade agreements covering 71 countries, which the UK needs to roll over whether or not it agrees a withdrawal deal with Brussels.

[Mordac]

It includes free movement of Faroe Islander to work and settle in the UK but not vice versa.

That's OK, since there's only one...

[Yorkie62]

That's OK, since there's only one...

But he's not allowed to bring his sheep with him.