U.S. and U.K. sign agreement on customs procedures

U.S. and U.K. sign agreement on customs procedures

The two countries have signed an agreement under which it will be possible not to disrupt trade ties between the countries.

The agreement will allow for uninterrupted trade ties after Britain leaves the European Union, the Voice of America writes.

The U.S. and Britain signed an agreement Wednesday on customs procedures designed to ensure the continuity of trade relations between the two countries after Britain leaves the orbit of the European Union completely at the end of this year.

“This is an important agreement that provides continuity after leaving the EU and demonstrates the strength of U.S.-British customs ties,” British Treasury Secretary Jesse Norman said in a statement.

The document stresses that the agreement will serve as the legislative basis for schemes that facilitate the flow of trade for the benefit of importers and exporters alike.