NewsCase StudiesEvents

UK and Norway announce new trade dialogue

Also in the news...

Republic of Belarus sanctions: guidance

Guidance on the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019

UK-New Zealand Joint Committee ministerial statement

Details of the Joint Committee held as part of the United Kingdom-New Zealand Free Trade Agreement on 8 May 2024.

Tips for Success in the German Market:

Avoiding Pitfalls and Understanding German Consumer Needs

UK-China Intellectual Property Newsletter

At the end of every month we publish a newsletter covering recent intellectual property (IP) developments in China.

Ensuring Compliance: Strategies For Meeting Health And Safety Standards Abroad

Expanding your business abroad brings a wealth of opportunities, but it also introduces new challenges, particularly in maintaining health and safety standards. Ensuring compliance with local regulations is not just a legal obligation; it's crucial for the well-being of your employees and the overall success of your venture.

UK and Norway announce new trade dialogue

Back to News

Joint statement from the UK Minister for Trade Policy and the Norway Minister for Trade and Industry.

Today (15 November) the UK Minister for Trade Policy at the Department for International Trade, Lord Price, visited Oslo where he met with Monica Mæland, Minister for Trade and Industry.

The ministers held productive discussions on a range of issues including the UK and Norway’s bilateral trading relationship.

They reaffirmed their commitment to growing the trading links between the 2 countries and agreed to establish a dialogue to discuss how to progress this.

International Trade Minister, Lord Price, said:

The close trade and investment relationship UK and Norway enjoy will continue to go from strength to strength as the UK looks to forge a new path in the world.

Following constructive talks with my Norwegian counterparts we have established a dialogue which will provide a forum for us to discuss the future of our trading relationship and how we can boost our already strong trade ties.

Minister for Trade and Industry, Monica Mæland, said:

The Norway-UK partnership is strong, particularly in trade and business. We have agreed to work towards maintaining our close trade relationship in the coming years.

As a first step, we have decided to initiate a dialogue on a senior officials level in order to get a better understanding of our future trading relationship and one another’s trade interests. We will consult with relevant stakeholders as part of this process. The first meeting between senior officials will take place in Oslo in December.

Lord Price’s visit to Oslo builds on discussions between Minister Mæland and the Secretary of State for International Trade, Dr Liam Fox, in September.

The UK is Norway’s most important trading partner, and Norway is the UK’s most important supplier of oil and gas. Bilateral trade in 2015 was worth £18.57 billion.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.