Canada–United Kingdom Free Trade Agreement
  Canada
  United Kingdom
TypeTrade agreement
ContextTrade between Canada and the United Kingdom
Negotiators
Parties
LanguageEnglish

The Canada–United Kingdom free trade agreement is a proposed free trade agreement which began negotiations on 24 March 2022.[1] The trade agreement will be the third FTA to cover Canada–UK trade, and will supersede the UK–Canada Trade Continuity Agreement, extending the deal to cover services and digital trade.[2]

History

While a member of the European Union, the Canada and Britain worked together on negotiations towards a Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union.[3] The agreement has been ratified by the European Parliament and is provisionally in force since 2017.[4]

The UK left the European Union at the end of January 2020, but continued to participate in the EU's trade agreements during a transition period that ended on 31 December 2020. In November 2020, the UK and Canada signed a continuity agreement in order to apply the terms of the EU-CA agreement to their bilateral trade.[5] In March 2023, the UK concluded negotiations to acceed to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership a trade bloc of which Canada is a founding member.[6]

See also

References

  1. ↑ "UK launches negotiations with Canada on a new, modernised trade deal". GOV.UK. 24 March 2022. Retrieved 18 December 2023.
  2. ↑ "Free-trade deal between Canada and Britain will set a new benchmark". The Times. 28 April 2023. Retrieved 18 December 2023.
  3. ↑ "UK trade with Canada up 14% since new free trade agreement introduced". GOV.UK. 10 December 2018. Retrieved 18 December 2023.
  4. ↑ "Commercial and Economic Relations". Canadian High Commission. Archived from the original on 28 April 2018. Retrieved 16 March 2015.
  5. ↑ Mattha Busby (21 November 2020). "UK and Canada to trade on EU terms after Brexit transition". The Guardian. London. Retrieved 18 December 2023.
  6. ↑ "'A significant milestone for UK trade': Britain signs deal to join £12trn Indo-Pacific trading block". Sky News. 16 July 2023. Retrieved 18 December 2023.

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