Published by
Reuters UK
Reuters UK
LONDON (Reuters) – Britain on Wednesday launched free trade talks with Israel, aimed at boosting service and tech sector ties as it seeks new trade deals after leaving the European Union. The current trade deal between the two countries is based on an old EU deal that has no specific provisions on services, Britain said, adding that the trading relationship is currently worth 5 billion pounds ($6 billion) a year. “The UK and Israel are both modern, hi-tech services superpowers, but our current trading relationship is based on an agreement from 1995, before smartphones, the internet, and digita…