The recent trade agreement between the UK and US known as the Economic Prosperity Deal (EPD) is a very positive development.

NDFTA are encouraged to see that the UK and US have taken steps to strengthen economic ties and improve market access for agricultural products.

As details about the deal continue to emerge over the coming days and weeks, we intend to work closely with the UK government and our members to ensure our industry voice is heard.

Key highlights from the EPD

•           No change in food standards: The United Kingdom and the United States affirm that imported food and agricultural goods must comply with the importing country’s sanitary and phytosanitary (SPS) standards and other mutually agreed standards.

•           Rules of Origin: both countries intend to apply rules of origin that maximise bilateral trade and prevent non-participants from using our bilateral arrangement to circumvent tariffs.

•           10% tariffs remain and will continue to apply on exports to the US - we will continue to advocate that these tariffs are removed on exports to the US.

Further details about the general terms of the UK-US EPD can be found here: US-UK Economic Prosperity Deal (EPD) - GOV.UK

For any queries please contact: info@ndfta.co.uk

Any developments or updates will be circulated when received.