EU-Norway Trade Quota Adjustment Post-Brexit

Summary

This agreement adjusts trade concessions with Norway following the United Kingdom's departure from the European Union. It ensures that existing trade quotas are properly split between the EU and the UK to maintain stable trade volumes.
9 21.05.2021
Other
trade
economy
european union
international relations

Key points

  • Adjustment of international trade arrangements necessitated by the United Kingdom's withdrawal from the EU.
  • Modification of all tariff-rate quotas included in the specific EU schedule for Norway.
  • Division of existing trade volumes into two separate parts: one for the EU and one for the UK.
  • Application of a methodology based on historical trade flows from 2013 to 2015 to determine the new shares.
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.