Fox Hails Joint EU Brexit Plan on Splitting WTO Quotas
- Fox: early agreement on quota methodology ‘good step forward’
- Quotas to be shared based on where farm goods are consumed: FT
U.K.'s Fox Calls WTO Quota Plan 'Good Step Forward'
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The European Union and the U.K. have reached an understanding on the methodology they will use to divide between them World Trade Organization quotas after Brexit, Trade Secretary Liam Fox said.
“We have come to an agreement on the methodology of splitting EU quotas as we move forward," Fox said in an interview with Bloomberg Television on Tuesday. While this is not a final agreement with the WTO, “it is a good step forward,” he said.