Posted on Oktober 13, 2021
Uk Norway Agreement
The Norwegian and British governments have agreed on a temporary free trade agreement after Brexit. The deal announced this week by Norway`s Ministry of Trade and Industry will regulate trade relations between the two countries from January. The temporary trade deal comes just weeks after a fisheries deal was reached between Norway and Britain. Fishing rights are a very complex area and have been one of the main delicate points in the discussions between Britain and the EU. This agreement is an interim agreement, while the United Kingdom and the EEA-EFTA countries conclude negotiations for a comprehensive free trade agreement that is expected to enter into force in 2021. If no agreement is reached with the EU by the end of the year, when the transitional period expires, Britain will not comply with World Trade Organisation (WTO) rules. These rules, including high tariffs, would have given a very headache to trade between the UK and Norway. If the UK leaves the EU without a deal on December 31, it will affect Norway`s merchandise trade. There are still some aspects of trade in goods that are not yet fully clarified. Below we have briefly outlined some effects for trade in known goods. The Ministry of Foreign Affairs and the Ministry of Trade and Fisheries have indicated that a free trade agreement cannot completely replace the EEA agreement. Industry needs to prepare for new barriers to trade when the UK leaves the EU and the internal market.
Until December 31, 2020, they can carry out missions as before. However, given that the United Kingdom wanted to keep the `providers` out of the separation agreement with Norway, this group must have a residence permit in accordance with the `third country rules` to continue their posting or accept new contracts in Norway after 1 January 2021. As processing times can be long during Covid-19, they need to start the application process as soon as possible. The agreement protects the rights acquired by Norwegian and British citizens in both our countries. Even though the UK will leave the EU on Friday 31 January at midnight, relations between Norway and the UK will not change until the end of the transition period. . . .