Latvian Foreign Minister stresses the need for unimpeded trade with Britain also after Brexit

09.02.2017. 15:16

On 9 February in London, Edgars Rinkēvičs, the Minister of Foreign Affairs of Latvia, met with Lord Price, the Minister of State for Trade Policy at the Department for International Trade of the United Kingdom, to exchange views on in the European Union’s trade policy – both the current state of affairs, and developments after Brexit.  

The Foreign Minister called for the United Kingdom’s active involvement in the shaping of the EU trade policy until the completion of Brexit and pointed out that no solutions to UK’s post-Brexit participation in EU trade agreements with third countries should interfere with the implementation of EU trade deals. Latvia expressed support for a common position of the 27 EU Member States in negotiations with the UK on exiting the European Union.

The Foreign Minister also discussed the potential impact of Brexit on the export capacity of Latvian businesses and Latvia’s further investment in Britain. In the long term, it is important that our country retain the unimpeded trade and economic cooperation also after the United Kingdom has left the European Union, Edgars Rinkēvičs said.

The Minister highlighted Latvia’s interests in retaining free movement of goods, persons and capital, in preventing the emergence of new customs tariffs and quotas, and in keeping mutual recognition arrangements for documents and certification. Edgars Rinkēvičs expressed hope that the United Kingdom and Latvia will go on cooperating in goods and services trade, as far as possible, without any tariffs, and the advantages currently enjoyed by businesses will be retained.

 

 

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