Daily Express

Liz Truss does it again! Brexit Britain secures another whopping £200million trade deal

Daily Express logo Daily Express 9/03/2021 17:28:00 Dan Falvey, Political Correspondent
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The latest agreement comes after the two countries agreed last year to roll over the deal struck between Cameroon and the EU once Britain left the bloc. In total the Department of International Trade, headed up by Liz Truss, has secured deals with 66 countries on top of the trade agreement brokered by Lord Frost with the EU.

In 2019, 12 percent of all banana exported from Cameroon came to the UK, with the deal securing continued tariff free trade for business between the country.

The UK also exports about £50million a year in goods to the African country.

Signing the deal, International trade minister Ranil Jayawardena said: "Today's deal secures opportunities for both British and Cameroonian businesses - and will help support jobs and foster investment.

"International trade and investment are engines of economic growth around the globe, so today's deal will play a crucial role as we all build back better from Covid-19."

Elizabeth Truss smiling for the camera: Brexit Britain has secured a £200million trade deal with Cameroon © PABrexit Britain has secured a £200million trade deal with Cameroon

Minister for Africa James Duddridge added: "This agreement will make sure around £200m of trade between the UK and Cameroon can continue, supporting Cameroonian businesses to increase operations, enabling UK exporters to sell more goods and boosting prosperity for both countries as we together recover from the Covid-19 pandemic.

"This provides the continuity businesses in both the UK and Cameroon need to ensure trade between our countries continues to flourish and grow."

More to follow...

mardi 9 mars 2021 19:28:00 Categories: Daily Express

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