British shoppers and restaurants could see the price of seafood fall with negotiations restarting on the UK’s trade deal with Greenland.
Seafood products became subject to tariffs of up to 20% when the UK left the EU, increasing costs and restricting choice for British shoppers as well as restaurants and the seafood processing sector, News Cover reports, citing UK government.
A new agreement could reverse this by eliminating tariffs to benefit consumers and businesses including the likes of Grimsby Fish Market and Royal Greenland UK. Giving British businesses greater and more targeted access to global markets to help drive growth is a key part of the UK’s Trade Strategy.
Greenland and the Kingdom of Denmark are central partners in the Arctic and North Atlantic, regions of strategic importance to UK and NATO security and prosperity. Deepening long-term relationships will support our shared economic interests, demonstrate Britain’s commitment to the Arctic and secure strong foundations as part of the Plan for Change.
The announcement follows UK Prime Minister Keir Starmer attending the European Political Community summit in Copenhagen with Prime Minister Jens-Frederik Nielsen of Greenland and Prime Minister Mette Frederiksen of Denmark.
