YEREVAN 10 C°
RA CB:
  • USD - 483.94 AMD +0.94 EUR - 512.2 AMD +0.2 RUB - 7.88 AMD +0.88 GBP - 595.54 AMD +0.54
  • GOLD - 28,924.1 AMD SILVER - 438.48 AMD PLATINUM - 19,630.75 AMD

UK and US Kick off Trade Deal Negotiations

  •  World

UK and US trade negotiators started official talks on a future trade deal on Tuesday, DW reports.

British International Trade Secretary Liz Truss and US Trade Representative Robert Lighthizer held a video conference call that kicked off a two-week round of bilateral negotiations, involving some 100 officials.

Both nations said in a statement that a trans-Atlantic free trade agreement would ''contribute to the long-term health of our economies, which is vitally important as we recover from the challenges posed by COVID-19.''

They have promised to work at ''an accelerated pace'' to strike a deal.

The restart of talks comes as the UK must negotiate a trade agreement with the EU, following Brexit, and in the midst of a pandemic that threatens to upend the global economy.

Trade in goods between the US and the UK was valued at $127.1 billion (€117.2 billion) in 2018. Britain is the seventh-largest U.S. goods trading partner, after South Korea, according to the US Census Bureau.

Other materials on this subject


Weather
Yerevan
partly cloudy (day)
Humidity: 36%
Wind: 9 km/h
10 C°
 
   
08.03.2021
-1°   
09.03.2021
Poll

Will You Support Covid-19 Vaccination if Such a Process Begins in Armenia?