About: http://data.cimple.eu/news-article/90c8c2e4cd23586a1f64e6310d4635b58cf754b70e3b4570c27a5062

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About: http://data.cimple.eu/news-article/90c8c2e4cd23586a1f64e6310d4635b58cf754b70e3b4570c27a5062 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Norway and Britain have agreed to reach a temporary post-Brexit free trade deal regulating their commercial ties as of January 2021, Norway's trade ministry said on Wednesday. London has refused any such temporary agreements with the European Union -- of which Norway is not a member -- and let a June deadline with Brussels expire. "Norway and Britain have agreed to reach a temporary agreement on the trade of goods as of January 1, until a free trade agreement can be reached a few months later," the trade ministry said in a statement. While it is not a member of the EU, Norway is part of the European Economic Area (EEA), which allowed for fluid trade with Britain, one of its main trading partners. Britain, which quit the EU on January 31, hopes to sign new trade accords with Brussels and other partners such as the US before the end of the year. If no agreements are reached, the World Trade Organisation's (WTO) less advantageous regulations will apply, including high customs duties. The temporary agreement with Norway is based on an agreement Oslo and London negotiated in April 2019 in the event of a 'hard' Brexit, the Norwegian ministry said. "It is important that the business sector be aware that this is a limited deal, both in scope and duration," Oslo said. The temporary solution was necessary as Norway deemed "unrealistic" the chances of reaching a permanent agreement by January 1, it said. London and Oslo meanwhile announced they had reached a fisheries agreement at the end of September, one of the main subjects of disagreement that remains between London and the EU. map/po/har
schema:headline	UK, Norway agree on temporary post-Brexit trade deal
schema:mentions	European Economic Area Advantageous USA Gymnastics Brussels Oslo World Trade Organization Brexit Norway London European Union United Kingdom United States Free-trade area Common Fisheries Policy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-21 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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