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U.K. and Canada Begin Formal Talks for a Free-Trade Agreement



Photographer: Ben Nelms/Bloomberg

The U.K. government announced the formal start of negotiations on a new trade deal with Canada, seeking to replace an interim deal put in place following Britain’s departure from the European Union.

The U.K.-Canada trading relationship was worth over 19 billion pounds ($25.1 billion) in 2020, the U.K. trade department said in a statement. A free-trade pact has “huge potential to strengthen and grow trade between our two countries,” Trade Secretary Anne-Marie Trevelyan said.