Economics
U.K. Approved to Rejoin $1.7 Trillion WTO Procurement Deal
- Accord ensures Brexit continuity for U.K. public contractors
- GPA parties will retain access to Britain’s $89 billion market
Photographer: Thomas Coex/AFP via Getty Images
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The United Kingdom won approval to remain in a key World Trade Organization agreement that governs $1.7 trillion worth of annual public procurement opportunities.
A group of 46 nations, including the U.S. and Japan, agreed on Wednesday to let Britain stay in the Government Procurement Agreement, according to a WTO statement.