Britain and South Korea will sign a continuity Free Trade Agreement on Thursday ...
British five pound banknotes are seen in this picture illustration taken November 14, 2017. REUTERS/ Benoit Tessier/Illustration
Britain has been seeking to replicate EU-trade agreements with third countries ahead of its planned departure from the bloc but many had stalled over the uncertainty about if and when Brexit would happen after it was delayed earlier this year. The British government said the UK-Korea agreement replicated as far as possible the EU-Korea trade deal and is designed to take effect when Britain has left the bloc and is therefore no longer subject to that agreement.
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