The UK is seeking trade agreements with our major trading partners.
The UK is also seeking to reproduce the effects of existing EU trade agreements for when they no longer apply to the UK. These are called continuity agreements.
Trade agreements set out the rules that cover trade between 2 or more countries. They aim to make trading easier between those countries. They do this by reducing the restrictions on imports and exports between them.
The UK has left the EU. We are now able to negotiate, sign and ratify new trade agreements. These can come into force after 31 December 2020.
The UK’s priority is to launch negotiations with the EU, the US, Australia, New Zealand and Japan.
The government is continuing its programme of work to reproduce effects of existing EU trade agreements. It is also considering joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).