Tuesday 8 June 2021

Norway deal more aspirational than beneficial

Apart from some reduction in the standard tariffs which would normally apply to the food trade, and the introduction of quotas, the deal recently struck by Liz Truss, the Tory trade minister, with Iceland, Liechtenstein and Norway does not approach the benefits of actual membership of EFTA which we left at the end of 1972 to join the European Common Market. There is reality check by Chris Morris included in this BBC report on the deal.


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