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		</div><p>British businesses will be able to trade freely with Iceland and Norway if the UK leaves the European Union without a deal under a new agreement announced by Liam Fox.</p>
<p>The UK&#8217;s International Trade Secretary said the agreement, which is subject to final checks before it is expected to be signed next week, was a “major milestone” in the Brexit preparations.</p>
<p>It will replicate the existing European Economic Area agreement (EEA) as far as possible, the Department for International Trade said.</p>
<p><a href="https://londonglossy.com/wp-content/uploads/2019/03/43770E72-7C6F-4843-9282-005C5917C6B8.jpeg"><img class="aligncenter size-full wp-image-128247" src="https://londonglossy.com/wp-content/uploads/2019/03/43770E72-7C6F-4843-9282-005C5917C6B8.jpeg" alt="" width="1091" height="531" /></a></p>
<p>Dr Fox said: “We have just reached agreement with Iceland and Norway to ensure continued access for British businesses to the European Economic Area should we leave the EU without a deal.</p>
<p>“This is one of the largest trade agreements we are party to as a result of our membership of the EU.</p>
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<p>“Combined with the agreement we have already signed with Liechtenstein and Switzerland, it accounts for close to half of the trade we’re seeking continuity for.</p>
<p>“This is good news for British businesses and a major milestone in getting the UK ready for Brexit, no matter the terms of our withdrawal.</p>
<p>“I expect to formally sign this agreement shortly and others to follow soon after.”</p>
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