Economics

U.K., Vietnam Reach Free-Trade Deal as Brexit Deadline Looms

  • Deal will remove 99% of tariffs within seven years: statement
  • Agreement needed as U.K. soon won’t be covered by EU deal

Tran Tuan Anh and Liz Truss hold up documents for a free trade agreement in Hanoi on Dec. 11. 

Photographer: Nhac Nguyen/AFP/Getty Images

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Vietnam and the U.K. concluded a free-trade agreement that will see 99% of tariffs between the two countries eliminated after seven years.