China,UK consider ‘top notch’ post-Brexit deal

Source:Reuters-Global Times Published: 2018/8/26 18:53:39

China and the UK have agreed to look at the possibility of reaching a "top notch" free trade agreement after the latter leaves the EU, China's Commerce Ministry (MOFOCM) said on Saturday after talks with British trade minister Liam Fox.

The UK has sent a strong message to Chinese companies that it is fully open for business even while it prepares to leave the EU next year and that China is a country that it would like to sign a post-Brexit free trade deal with. Last month, China offered the UK talks on such a deal.

In a statement released after Friday talks between Fox and Chinese Commerce Minister Zhong Shan in Beijing, MOFCOM said they had discussed how to boost two-way investment and expand trade in services.

The two countries also agreed to "actively explore the possibility of discussing a top notch free trade agreement... after Brexit," the ministry added. Other areas Zhong and Fox talked about included legal service cooperation and easing the issuance of work visas.



Posted in: ECONOMY,COMPANIES

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