Britain stopped trade negotiations with Canada

According to the international group Tasnim news agency, England talks Stopped trading with Canada. According to NTV, after Brexit, Britain needs new business partners. The country has been negotiating an agreement with Canada for almost two years, but the talks have now stalled due to some dissatisfaction. In addition to food import regulations, car exports were also included in these negotiations.

In this way, Britain suspended negotiations with Canada on a trade agreement. Two countries had negotiated with each other for two years after Brexit. The Trade Department in London confirmed that the talks have now stalled.

There were disputes between the two sides over the terms of the beef and cheese trade, according to the PA news agency. “We will only negotiate agreements that are in the best interests of the British people and we reserve the right to stop negotiations if progress is not made,” said a British government spokesman. He emphasized: “We are ready to resume negotiations with Canada in the future.” It is no longer a member of the EU customs union or the internal market of this country. So the UK is looking at its own trade agreements with different countries.

The UK and Canada are negotiating a new agreement from March 2022. Until now, they have traded with each other on terms consistent with the UK’s time in the EU, the PA reported. Until now, Britain could export cars and cheese to Canada without high import tariffs. According to the British BBC, Canada should have asked the UK to reduce regulations on the use of hormones in beef. On the other hand, England is hurt by the high tariffs on this country’s cheese.

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