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British trade minister Fox to visit Israel to push post-Brexit trade

UK's International Trade Secretary Liam Fox on 29 March 2015 [Chatham House/Flickr]
UK's International Trade Secretary Liam Fox on 29 March 2015 [Chatham House/Flickr]

British trade minister Liam Fox is visiting Tel Aviv on Tuesday to discuss post-Brexit trade opportunities with major Israeli investors and tech-companies, his office said, Reuters reports.

The trip will also include a meeting with Israeli Prime Minister Benjamin Netanyahu on Wednesday.

Britain is seeking to replicate existing EU free trade agreements and EU preferential arrangements with third countries as it leaves the bloc, including the EU-Israel Association Agreement.

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“Ensuring continuity for our businesses is the best foundation for growing two-way UK-Israel trade and investment. The complementary nature of our economies in areas like science and technology … gives us an obvious opportunity,” Fox said in a statement ahead of the visit.

Britain’s Department for International Trade said goods worth $9 billion were traded between Britain and Israel in 2017.

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