Must be concluded by the end of this year, or Prime Minister Johnson threatens to walk.
Needs to complete a deal with the EU first and foremost, but a deal with Canada should be its second priority.
The European Union insists there can be no trade deal if Britain undercuts bloc regulations.
Britain still bound by the continent’s sweeping free trade deal with Canada on goods and services.
But European officials warn Canada achieved largely tariff-free trade status by bringing many of its rules into line with EU regulations.
State aid rules in any future trade deal would be more stringent than with nations like Canada or Japan because of the physical proximity of the EU.
Also has to be approved by Parliament’s upper chamber.
Johnson’s Conservatives won an 80-strong majority in Parliament in last week’s general election.
A proposal to change some EU trade rules will enable it to act even when the WTO can’t give a final ruling.
Rescue deal potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the EU.
China’s state-owned shipping giant Cosco controls Greece’s largest port of Piraeus, near Athens.
The central bank appears to be waiting for more clarity over Britain’s departure from the European Union.
Tariffs on US$7.5 billion on a range of European goods were approved by the World Trade Organization as compensation for illegal EU subsidies to Airbus.
PM Boris Johnson needs all the support he can get to push any Brexit deal past the deeply divided Parliament.
The number of people in work dropped by 56,000 in the three months to August from the previous three-month period.