UK Issues Guidance, Policy Paper on Trade Continuity Agreement With Lebanon

The United Kingdom's Department for International Trade on Oct. 23 released a guidance on its trade continuity agreement with Lebanon and an in-depth policy paper on the implications of the deal. The guidance details what the agreement covers and how it copies elements of Lebanon’s agreement with the European Union. The 28-page policy paper includes more details of the continuity agreement, an analysis of trade between the two countries, information on the number of businesses exporting and importing goods to and from Lebanon, and an explanation of the “potential loss” to Britain if the agreement does not take effect.