• tal@lemmy.today
    link
    fedilink
    English
    arrow-up
    2
    ·
    12 hours ago

    If UK doesn’t manage a free trade agreement with EU

    The UK has an FTA with the EU, the TCA. It was negotiated as part of Brexit.

    https://en.wikipedia.org/wiki/EU–UK_Trade_and_Cooperation_Agreement

    The EU–UK Trade and Cooperation Agreement (TCA) is a free trade agreement signed on 30 December 2020, between the European Union (EU), the European Atomic Energy Community (Euratom), and the United Kingdom (UK). It provisionally applied[3][4] from 1 January 2021, when the Brexit transition period ended,[5] before formally entering into force on 1 May 2021, after the ratification processes on both sides were completed: the UK Parliament ratified on 30 December 2020;[6] the European Parliament and the Council of the European Union ratified in late April 2021.[2]

    • Buffalox@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      9 hours ago

      No they have a “trade agreement” not a FREE trade agreement like Norway and Switzerland.