Sunday, 17 November, 2019

Theresa May expects 'seamless' transition to trading with Canada post-Brexit

News Image Theresa May expects 'seamless' transition to trading with Canada post-Brexit
Christy Curtis | 19 September, 2017, 00:57

Mrs May told reporters on her official plane that she wanted to find a resolution to the dispute between Canadian aerospace manufacturer Bombardier and its American rival Boeing, amid fears for 4,500 jobs at a Belfast factory run by the Canadian company.

The Canada-EU deal, which eliminates 98% of Canadian import duties is a "significant boon" for British exporters, said No 10, as it announced plans for a new joint working group to work on the bilateral deal post Brexit.

The UK Prime Minister Theresa May has flown to Canada to set plans for potential trade deals between the two nations after Brexit.

Open Britain is an organization that is supporting a soft Brexit and they have highlighted how the Comprehensive Economic and Trade Agreement will give a fillip to Britain's exports to Canada.

British Prime Minister Theresa May said on Monday she would press U.S. President Donald Trump this week about a trade challenge by Boeing Co that could endanger thousands of aerospace jobs in Northern Ireland.

The Prime Minister was facing calls to sack Foreign Secretary Boris Johnson, who was branded a "backseat driver" by a Cabinet colleague after setting out his own vision for a hard Brexit just days before a major speech in which Mrs May is expected to offer compromise.

It is part of her strategy to persuade nations to adopt their trade deals with the European Union into agreements with the United Kingdom once the country leaves the bloc.

Singapore Grand Prix gets new four-year F1 deal
He also produced a spirited performance past year as he raced from the back of the grid to finish at the fifth spot. For instance, headliners at this year's race weekend include Calvin Harris and Ariana Grande.

Speaking ahead of the visit, the Prime Minister said her visit was about "recognising our past but also looking ahead to our bright future".

"We are both countries with ambitions to lead on the world stage and progressive values that underpin those ambitions, values including the importance of free trade, and respect for global law".

Amber Rudd, the pro-Remain Home Secretary, accused him on "back seat driving" as she urged ministers to be united in their approach to Brexit.

The UK-Canada bilateral trade relationship is thought to be worth 15.2 billion euros a year, while Britain is the second biggest destination for Canadian investment overseas, with 1.75 billion euros invested in the country since March.

Mrs May will also welcome the appointment of Brigg & Goole MP Andrew Percy as her trade envoy to Canada.

After her meeting with Trudeau, May will travel to NY tomorrow for the UN General Assembly. May hopes to base a new deal between the two countries on the current CETA.

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