Britain Reaches WTO Deal on Govt Contracts Post-Brexit

Britain Reaches WTO Deal on Govt Contracts Post-Brexit
Britain's main opposition Labour Party leader Jeremy Corbyn, centre right, stands to talk to lawmakers inside parliament, London, Feb. 27, 2019. Mark Duffy/UK Parliament via AP
|Updated:

GENEVA—Britain struck a trade deal FEB. 27 for a post-Brexit world, obtaining approval from other World Trade Organization members to stay part of a competitive market for lucrative government contracts after the country leaves the European Union.

The agreement allows Britain to retain its place among the 47 WTO countries that are involved in the Government Procurement Agreement. The EU’s 28 member nations belong as a single entity, so the bidding agreement’s participating countries signed off on allowing Britain to join as an independent party to the pact.