Britain took a big step towards shoring up worldwide trade relations in the event of a no-deal Brexit by signing a stopgap agreement with South Korea on Monday.
But the continuity agreement with Seoul, with which the EU signed a showpiece deal in 2011, fell short of guaranteeing permanent tariff-free trade in all circumstances, especially for goods with content from both mainland Europe and the UK.
Theresa May’s government has sought to reduce the disruption that Brexit might cause by replicating the trade accords that the EU has struck with the rest of the world.
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