UK And Greenland Resume Trade Talks To Reduce Tariffs On Seafood Imports

The UK and Greenland have resumed talks on a trade deal that could significantly reduce tariffs on seafood imports, benefiting British shoppers and the seafood processing sector. Negotiations between the two nations aim to strengthen economic ties, with a focus on slashing tariffs on over £70 million of seafood imports from Greenland. This move is expected to cut prices for consumers and increase the variety of seafood products available in the UK. The agreement also seeks to enhance cooperation on critical minerals, a crucial aspect of the UK's efforts to boost economic growth and security.

By deepening its relationship with Greenland and the Kingdom of Denmark, the UK aims to establish a stronger strategic partnership that will deliver security and prosperity in the Arctic, North Atlantic, and at home. The resumption of trade deal talks comes after seafood products from Greenland became subject to tariffs of up to 20% when the UK left the EU. This increase in costs and restriction in choice affected not only British shoppers but also restaurants and the seafood processing sector.

Greenland --- a vital exporter of seafood to the UK, with approximately £70 million worth of seafood products being imported annually, primarily consisting of prawns, shrimp, and cod. According to a report, the UK's renewed engagement with Greenland and the Kingdom of Denmark is part ← →

Negotiations resume on UK-Greenland trade deal to slash tariffs on over ⁘70m of seafood imports, cutting prices for British shoppers

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