I look forward to concluding with our long-standing partners, Norway, Iceland and Liechtenstein, a comprehensive trade agreement on goods and services, which is expected to come into force in 2021 and that respects our common commitment to free and fair trade. The deal means there will be no new tariffs on industrial products after Brexit. The fixed-term agreement was signed by Norway`s Vibeke Rysst-Jensen and British chief negotiator Charlotte Heyes in London. „During the transitional period, trade between Norway and the United Kingdom will continue as before. Our goal is to maintain the close economic relationship we have with the United Kingdom today. We will do everything in our power to conclude a free trade agreement with the UK, but Norwegian companies could face increasing trade barriers when the UK leaves the internal market on 1 January 2021,“ said Iselin Nybé, Minister for Trade and Industry. The UK signed a trade agreement with Iceland and Norway on 2 April 2019. The agreement was signed to maintain continued trade and was part of preparations for a possible „no deal“ Brexit. Since the UK leaves the EU through an agreement, the agreement will not enter into force. The agreement protects the acquired rights of Norwegian and British citizens in both our countries. Although the UK will leave the EU at midnight on Friday 31 January, relations between Norway and the UK will not change until the end of the transition period.

The transition period runs until December 31, 2020. Brexit will not affect Norway`s relationship with Britain in 2020. An agreement was signed today (Tuesday 8 December) in London to close merchandise trade between the UK and Iceland and Norway. Relations between Iceland and the United Kingdom (United Kingdom) were mainly based on the EEA agreement. After the withdrawal from the EU, the UNITED Kingdom is no longer a party to the agreement and, at the end of the period of transition, it will no longer apply to the United Kingdom. This will lead to significant changes in relations between Iceland and the United Kingdom. As negotiations on future agreements between Iceland and the United Kingdom are still ongoing, the exact nature of these changes remains to be determined. The agreement ensures that UK businesses will continue to enjoy duty-free access to all industrial exports. In addition, British consumers can continue to enjoy popular Icelandic and Norwegian products such as frozen haddock. More than 30% of UK imports of fish fillets last year came from Iceland, many of which are used in British fishmongers and chips.

Norway today signed an agreement with the UK on the UK`s withdrawal from the European Economic Area (EEA) following Brexit. The message is kind of a sequel. A similar agreement was signed in 2019 and was to be used only in a non-agreement scenario. A trade-blocking agreement was signed in London.