BREAKING: UK set to win first TRADE agreement with EU

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The expected diplomatic victory will see the UK come out on top in a decision on what to do with the EU’s food import allocations – or tariff rate quotas (TRQs) – after Brexit.

Despite the European Union classic stalling tactics, it looks like the UK is set to win the first agreement regarding trade with the bloc.

The Express reported:

“The EU has an agreement to buy 230,000 tonnes of New Zealand lamb each year under a quota with reduced tariffs – but Britain buys 40 per cent of this.”

They are worried that the food quotas the UK is involved in would cause over supply on the European markets if the UK were to withdraw from the agreement completely.

Speaking to Politico, the official said: “The UK is leaving so they can take a bit with them.”

The victory is all the more impressive as it goes against the EU’s stubborn demand to resolve the so-called “Brexit bill”, the rights of EU citizens and the Northern Irish border before discussing trade.

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