The UK has signed a Partnership, Trade and Cooperation Agreement with North Macedonia.
The Agreement strengthens the trading relationship between the UK and North Macedonia, worth £1.8bn in 2019, by securing continued preferential access and paving the way for increased trade in future.
The UK has today (3 December) signed a Partnership, Trade and Cooperation Agreement with North Macedonia, the UK’s largest trading partner in the Western Balkans.
The preferential terms secured by this Agreement will enable British business to continue to trade as they do today after the Transition Period and in turn will help protect North Macedonia’s economic stability and prosperity.
The Agreement also sets out the UK and North Macedonia’s ambitions for our future relationship including the strengthening of our political, economic, security and cultural ties.
FCDO Minister for the European Neighborhood and the Americas Wendy Morton said:
International Trade Minister Ranil Jayawardena said:
Her Majesty’s Ambassador to North Macedonia Rachel Galloway signed the Agreement with Minister of Foreign Affairs Bujar Osmani in Skopje.
Her Majesty’s Ambassador to North Macedonia, Rachel Galloway said:
The Agreement provides a framework for closer political dialogue and increased cooperation on important issues such as the environment, education, and human rights. By signing the Agreement, the UK has reaffirmed its commitment to a close relationship with North Macedonia and to playing a continued positive role in the region.
When the Agreement enters into effect at the end of the Transition Period, British businesses and consumers will continue to benefit from existing trading terms with North Macedonia, including the tariff-free trade of industrial products.
Trade between the UK and North Macedonia was worth £1.8 billion in 2019. Top UK exports to North Macedonia last year were non-ferrous metals (£1.1 billion), inorganic chemicals (£77 million) and textiles (£4 million). Meanwhile top imports to the UK from North Macedonia were metal ores & scrap (£49m), clothing (£16m) and furniture (£13 million).