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EU & Norway agree on ag trade deal

The European Union and Norway came to an agreement which will facilitate bilateral trade in agricultural products, allowing EU exporters to reinforce their position on their 8th largest export market for agricultural products.

Commissioner for agriculture, Phil Hogan, today said: "I welcome this agreement, which will facilitate trade between the EU and Norway. It will provide more market opportunities for our EU producers and contribute to the continuation of our EU agri-food export success. The EU is the number 1 agri-food exporter in the world with €130 billion of exports in 2016."

The agreement reached, following two years of negotiations, will grant mutual duty-free access for 36 tariff lines, including for example various types of live plants, various berries, fermented beverages and other products.

For products including vegetables, meat, dairy and other products, Norway will grant the EU tariff quotas.

The agreement will now go through the relevant procedure for its adoption and signature by the Council, approval by the European Parliament and entry into force. This will happen once both sides complete all the necessary steps.

source: ec.europa.eu
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