October 15, 2017

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Britain could join NAFTA if Brexit trade deal fails - Telegraph newspaper (Reuters, 10/15/17)
 
Britain could join a formal trade alliance with the United States, Canada and Mexico if the European Union refuses to clinch a post-Brexit trade deal, the Daily Telegraph newspaper reported on Tuesday.

The newspaper said British ministers were looking at joining the North American Free Trade Agreement (NAFTA) as part of planning for the possibility of Britain leaving the EU in March 2019 without a trade deal. It gave no sources for the report.

"As we prepare to leave the EU, we will seek to transition all existing EU trade arrangements to ensure that the UK maintains the greatest amount of certainty, continuity and stability in our trade and investment relationships," a spokesman for the Department for International Trade said.

Posted by at October 15, 2017 7:25 AM

  

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