UK, Canada Pursue Deal
9/18 2:33 PM

TORONTO (AP) -- Prime Ministers Theresa May of Britain and Justin Trudeau of Canada say their countries are working toward a new bilateral trade deal for after the United Kingdom leaves the European Union.

Both leaders say the template for a deal would be the Comprehensive Economic Trade Agreement, which comes largely into effect this week between Canada and the European Union.

CETA eliminates over 90% of trade barriers between Canada and the EU. Trudeau said Monday it provides "an excellent basis for ensuring a smooth transition" post-Brexit.

May said using the Canada-EU agreement as the basis for a bilateral deal will ensure the best path forward for all parties.


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