Uk And Norway Trade Agreement
„It is important to ensure that trade in goods between Norway and the United Kingdom can continue after 1 January under the same conditions as today. This temporary agreement will protect our interests as we continue our negotiations for a free trade agreement as soon as possible. After the EU, the UK is our largest trading partner and our two countries agree on the need to maintain close and comprehensive cooperation,” said Foreign Minister Ine Eriksen Seride. The Oslo negotiating team this week published its mandate for the entry into force of a trade pact with London, when the UK`s transition period ends after Brexit – during which it will remain a member of the internal market. The pact will be negotiated in collaboration with Iceland and Liechtenstein, Norwegian countries on both sides. This has allowed for the smooth flow of trade with the United Kingdom, which is one of Norway`s main trading partners in several key industries. For example, much of Norway`s North Sea gas production is transported to the United Kingdom. OSLO (Reuters) – Norway and Britain have signed a temporary and limited agreement to maintain trade in goods in the absence of a final Brexit trade deal by the end of the year, as the Norwegian Ministry of Industry announced on Wednesday. Do you know if the temporary trade agreement contained provisions relating to the free movement of persons from January until the conclusion of the trade agreement itself? I come from the UK and am currently staying in Norway with my friend, but I am not yet registered/busy here because my Norwegian is far from being good enough right now! Norway and the United Kingdom have agreed to conclude a temporary agreement on trade in goods from 1 January 2021, pending the entry into force of a free trade agreement. The new free trade agreement is expected to be concluded a few months later in 2021. The agreement builds on the free trade agreement signed by Norway and the United Kingdom in April 2019, which provides for a continuous duty-free exemption for industrial products.
The new temporary agreement will be implemented when the UK leaves the EU without a deal.