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Trade Policy Update
27 January 2022
Type
Written Ministerial Statement
Department
Department for International Trade
At a Glance
Issue Summary
The UK has launched negotiations with Greenland for a continuity free trade agreement to reduce trading costs and identify areas of strategic interest.
Action Requested
Negotiations are underway to secure a more permanent arrangement that will allow British firms to import products from Greenland tariff-free, support processing industries in the UK, and establish broader cooperation on climate change, science, research, and critical minerals. Additionally, DEFRA is expected to negotiate access to Greenlandic fishing waters.
Key Facts
- The negotiations aim to secure a more permanent arrangement following temporary measures introduced in early 2021.
- Greenland supplies the world's largest share of cold-water prawns and is a leading source of fish.
- These talks will help ensure stability for British supply chains, particularly in Scotland, North East and North West England.
- The agreement would be Greenland’s first bilateral with a third partner country.
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