WTO agrees terms to keep Britain in government procurement deal after Brexit

GENEVA (Reuters) – Britain has got agreement at the World Trade Organization to remain within the WTO’s Government Procurement Agreement after it leaves the European Union, securing a 1.3 trillion pound market, Britain’s WTO mission said in a statement on Tuesday.

Britain was previously a member of the GPA, whose 19 members open up their government procurement markets to each other’s firms, only by virtue of its membership in the EU. Diplomats had said rolling over membership should be one of the simplest and least controversial aspects of the Brexit process.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.