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UK signs post-Brexit trade deal with Fiji and Papua New Guinea


Britain has signed a post-Brexit trade deal with the Pacific islands of Fiji and Papua New Guinea, as the government rushes to sign as many agreements as possible before 29 March. The Department for International Trade said the agreement would maintain access to goods including sugar and fish imported from the islands 10,000 miles away. Total trade between Britain and the region is worth about £369m a year. Signed by the international trade secretary, Liam Fox, the deal eliminates all tariffs on all goods imported from Fiji and Papua New Guinea and will gradually remove around 80% of tariffs on UK exports to these countries.

The Guardian - March 14, 2019

View the full story here: https://www.theguardian.com/business/2019/mar/14/uk-signs-post-brexit-trade-deal-with-fiji-and-papua-new-guinea