皇冠体育app

皇冠体育app International Trade Secretary is visiting Iceland today (Friday 10 May) to promote trade with the UK.

Dr Liam Fox will meet Minister for Foreign Affairs Gudlaugur Th贸rdarson to discuss how to increase trade between the two countries and ensure continued investment into each other鈥檚 economies.

He will meet a number of Icelandic business that invest in the UK. This includes bionic limb-manufacturer Ossur, who employ 50 people in research, development and manufacturing at their sites in Manchester and Livingston.

He will also visit Arctic Trucks who engineer and design 4x4 vehicles for extreme conditions at their site in Warwick.

皇冠体育app UK and Iceland have a long history of investment in each other鈥檚 economies. Trade between the UK and Iceland was worth 拢1.5 billion in 2018, with UK exports worth 拢487 million.

皇冠体育appre are significant commercial opportunities for UK companies and British experts are expected to work alongside their Icelandic counterparts, playing a vital role in the project management, design and construction of major infrastructure projects.

Dr Fox will meet the Icelandic Airport Authority to discuss the planned expansion and development of Keflavik international airport over the next seven years. This is expected to provide opportunities for British experts with vast experience in major airport expansions including in Beijing, Dubai, Singapore and New York to work with Icelandic firms.

International Trade Secretary, Dr Liam Fox, said:

皇冠体育app UK and Iceland have a long history of friendship and trade.

We are mutual champions of free trade and, as we leave the European Union, we are committed to an even stronger trading relationship.

Trade between us is worth 拢1.5 billion a year and Icelandic firms continue to make important investments in the UK. This is testament to the UK鈥檚 skilled and expert workforce and this continued investment will help to create jobs and prosperity throughout Britain.

Iceland鈥檚 Minister for Foreign Affairs, Gudlaugur Th贸rdarson said:

Protecting the mutual interests of our businesses and consumers has been a key priority for both countries. 皇冠体育apprefore, we are pleased to have secured continued preferential market access for trade in goods between the two countries, no matter how the UK chooses to leave the EU.

Iceland has always underlined the importance of close ties with the UK after Brexit and when the time comes, we look forward to negotiating a deep and comprehensive trade agreement.

Last month, the UK signed a trade continuity agreement with European Economic Area countries, Iceland and Norway, which provides certainty for UK, Icelandic and Norwegian businesses.

皇冠体育app UK and Iceland have also agreed that our citizens in each other鈥檚 countries can continue their lives as before, and that direct flights can continue without interruption.