Trade Agreements: South Korea

Department for International Trade written question – answered on 20th September 2017.

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Photo of Stephen Gethins Stephen Gethins Shadow SNP Spokesperson (International Affairs and Europe)

To ask the Secretary of State for International Trade, what plans the Government has to renegotiate the terms of the EU-South Korea trade deal in the event that it is transferred to the UK after the UK leaves the EU.

Photo of Greg Hands Greg Hands Minister of State (Department for International Trade) (and Minister for London)

The UK Government is committed to seeking continuity in its current trade and investment relationships, including those covered by EU free trade agreements or other EU preferential arrangements. The UK-Korea Trade Working Group, which was established in December 2016, will discuss tackling barriers to trade and investment, wider global trade issues and how to ensure continuity for businesses, as well as exploring future trade opportunities following the UK’s exit from the EU.

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