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UK, India set up working group to prepare for post-Brexit trade, UK minister says

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Reuters LONDON
Last Updated : Sep 08 2016 | 3:22 PM IST

LONDON (Reuters) - Britain has set up a trade working group with India to prepare for a future deal following Britain's exit from the European Union, International Trade minister Liam Fox said on Thursday.

Britain cannot formally agree trade deals with other countries until it has left the EU, a process which will take at least two years from when it kicks off divorce talks. But the government has said it can do preparatory work.

"There is nothing to stop us having discussions and scoping out future agreements," Fox told parliament.

"We have now concluded a deal to set up a trade working group with India to look at how we will remove barriers to trade before we negotiate a free trade agreement on our exit from the European Union."

(Reporting by Kylie MacLellan, editing by Elizabeth Piper)

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First Published: Sep 08 2016 | 3:04 PM IST

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