New Trade Agreement Between UK and Norway

BY:

Tim Hiscock
1 December 2021

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A new trade agreement between the United Kingdom and Norway came into effect from 1st December.

Norway was the UK’s 20th biggest export market in 2020, and the 14th largest importer. Trade between the two countries was worth almost £15 billion last year.


Replacing the previous Goods Agreement, the new arrangement builds on the existing trade relationship. For some goods, such as certain fish and cheese products, tariffs are lower than before. There are also new tariff rate quotas on a range of food products. Some of the new tariff quotas are seasonal, meaning that the amount allowed varies from month to month.

The new agreement also updates some regulations on product testing, standards and regulations, making the customs clearance processes easier in many cases.


The agreement also makes it easier for British companies to send staff to work in Norway for up to four years, and there are easements for FinTech firms seeking to provide services in Norway.


Some exporters have expressed disappointment that the arrangements for Protected Geographical Indication are more restricted than under the previous arrangement. Scotch whisky continues to enjoy rules that mean the name of the product cannot be used by manufacturers outside of the geographic area. But Cornish pasties and Stilton cheese are among several products that have lost their protection.


Exporters of goods to Norway can check whether there are any changes for their products at https://www.gov.uk/check-duties-customs-exporting



Importers of goods from Norway to the UK can check for any changes in respect of their products at https://check-how-to-import-export-goods.service.gov.uk/goods-intent?tradeType=import

 


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