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UPDATE 1-UK and Ghana to miss Brexit trade deadline, but deal close -source - Vimarsana News

UPDATE 1-UK and Ghana to miss Brexit trade deadline, but deal close -source

By Reuters Staff (Adds British trade secretary statement) LONDON, Dec 31 (Reuters) - Britain and Ghana are close to announcing an agreement on post-Brexit trade but a deal will not take effect in time to prevent a period of operating on default terms, a source close to the negotiation said on Thursday. Once active, the deal will replicate the terms of trade Britain previously benefitted from as a member of the European Union. EU trade rules will cease to apply to Britain from Jan. 1 when it completes its exit from the bloc. Ahead of that deadline Britain has signed “continuity” agreements...