UK and Canada Sign Interim Free Trade Agreement To Preserve $ 27 Billion In Goods And Services Between The Two Countries Following The End Of The Brexit Transition. British Prime Minister Boris Johnson announced that agreements had been reached during a teleconference with Canadian Prime Minister Justin Trudeau, DW reports.
" In turn, the Minister of Small Business, Export Development and International Trade of Canada Mary N recalled that in connection with London's exit from the EU, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union will not apply to the UK from January 1, 2021.
An interim agreement, which is yet to be ratified by the Canadian Parliament, opens the way for negotiations in 2021 to conclude an agreement between Ottawa and London on a permanent basis.