UK and South Korea sign ‘continuity’ trade agreement

The UK has signed a “continuity” trade agreement with South Korea, allowing businesses to keep trading freely after Brexit. International Trade Secretary Liz Truss signed the agreement with her South Korean counterpart Yoo Myung-hee in London. The two countries agreed to a preliminary deal in June, marking the first post-Brexit deal secured in Asia. Trade between the UK and South Korea totalled £14.6bn ($17.7bn) in 2018. The agreement is roughly in line with the terms of the existing Korea-EU free trade deal. The UK has sought to secure agreements with its trading partners as it prepares to leave the EuropeanRead More