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U.K. looks to Canada as it works to build trade relationships

Britain is looking to Canada for advice as the United Kingdom starts to beef up its trade negotiating capacity in preparation for life outside of the European Union.

For decades, Britain has relied on EU bureaucrats in Brussels to handle trade talks — as was the case during the negotiations that led to the tentative Canada-Europe trade agreement known as CETA.

But now that it has voted to leave the EU, the U.K. has had to launch its own international trade department to hammer out new deals in the post-Brexit era.

Indeed, Britain’s Department of International Trade is only a week old, created after British Prime Minister Theresa May assumed control of 10 Downing Street. The department will bring together bureaucrats from existing departments, namely UK Trade & Investment, which was largely focused on helping international businesses set-up shop in the U.K.

Source: http://www.cbc.ca/news/politics/united-kingdom-canada-trade-brexit-1.3684342

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