UK PM, Trudeau say Canada-EU deal a 'basis' for new talks

British Prime Minister Theresa May walks with Prime Minister Justin Trudeau as she visits Parliament Hill in Ottawa, Ontario, on Monday, Sept. 18, 2017. (Sean Kilpatrick/The Canadian Press via AP)
The air is filled by cannon smoke as British Prime Minister Theresa May is greeted by Prime Minister Justin Trudeau as she arrives to Parliament Hill in Ottawa, Ontario, on Monday, Sept. 18, 2017. (Sean Kilpatrick/The Canadian Press via AP)
Prime Minister Justin Trudeau shakes hands with British Prime Minister Theresa May as she leaves Parliament Hill in Ottawa, Ontario, on Monday, Sept. 18, 2017. (Justin Tang/The Canadian Press via AP)
Prime Minister Justin Trudeau, right, and British Prime Minister Theresa May participate in a joint news conference on Parliament Hill in Ottawa, Ontario, on Monday, Sept. 18, 2017. (Justin Tang/The Canadian Press via AP)
Prime Minister Justin Trudeau and British Prime Minister Theresa May walk in the Hall of Honour on Parliament Hill in Ottawa, Ontario, during a visit on Monday, Sept. 18, 2017. (Justin Tang/The Canadian Press via AP)
Prime Minister Justin Trudeau and British Prime Minister Theresa May arrive for a joint news conference on Parliament Hill in Ottawa, Ontario, on Monday, Sept. 18, 2017. (Justin Tang/The Canadian Press via AP)
British Prime Minister Theresa May walks with Prime Minister Justin Trudeau as she visits Parliament Hill in Ottawa, Ontario, on Monday, Sept. 18, 2017. (Sean Kilpatrick/The Canadian Press via AP)

TORONTO — Prime Ministers Theresa May of Britain and Justin Trudeau of Canada say their countries are working toward a new bilateral trade deal for after the United Kingdom leaves the European Union.

Both leaders say the template for a deal would be the Comprehensive Economic Trade Agreement, which comes largely into effect this week between Canada and the European Union.

CETA eliminates over 90 percent of trade barriers between Canada and the EU. Trudeau said Monday it provides "an excellent basis for ensuring a smooth transition" post-Brexit.

May said using the Canada-EU agreement as the basis for a bilateral deal will ensure the best path forward for all parties.

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