SANTIAGO – The United Kingdom and Chile signed on Wednesday in Santiago a trade continuity agreement that will see British businesses and consumers benefiting from preferential trading arrangements with Chile after Britain leaves the European Union.
Ambassador to Chile Jamie Bowden and Chilean Foreign Minister Roberto Ampuero stamped the agreement.
The news has been welcomed by the Wine and Spirit Trade Association, which confirmed that this is important to protect parts of the UK’s wine industry, which contributes almost £19 billion to the UK economy supporting around 190,000 jobs.
This trade continuity agreement has been agreed as the UK prepares to leave the EU on 29 March. Other similar agreements are due to be agreed in the coming weeks.
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