Britain announced positive progress in its latest round of trade talks with the United States, and the two sides agreed that negotiations should continue at a faster pace in the coming months.
According to Reuters, the British Trade Department said in a statement that we continue to make positive progress in many aspects of the agreement.
Since leaving the European Union earlier this year, Britain has been trying to conclude swift trade agreements with major partners such as the United States to take advantage of the newly acquired freedom in order to conclude agreements. Bilateral rather than those concerned with the European Union as a whole.
She added, the two sides affirmed their commitment to negotiating a comprehensive and ambitious agreement. Regarding the timeframe for the negotiations, it was agreed that they should continue at a steady pace during the fall.
But the government said that International Trade Minister Liz Truss has informed her US counterparts that retaliatory duties on EU goods, which continue to affect British goods, are unacceptable and must Cancel it.
The total trade value between the two countries was estimated at 232.7 billion pounds in 2019, according to British statistics.
The next round of talks will take place in early September and will see the two parties exchange their first offers to enter the market.
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