Guidance explaining changes for UK exporters to South Korea if we leave the EU with no deal.
Leaving the EU with a deal remains the UK government’s top priority. This has not changed. However, the government is continuing with no deal preparations to ensure the country is prepared for every eventuality.
The UK and South Korea have agreed to a trade agreement in principle, and are expected to sign shortly. This agreement will allow businesses to continue trading freely after the UK leaves the EU.
Tariffs and quotas
Because the UK and South Korea are expected to sign an agreement shortly, trade could continue with minimal changes to tariffs and quotas when the UK leaves the EU.
Find out how UK businesses can manage risk when doing business in South Korea.
The export licensing regulations for controlled goods will be affected.
Controlled goods include:
- military items
- dual-use items (items with both civil and military uses)
Find out how export licensing for controlled goods will change.
Sanctions and embargoes
Exports of certain categories of product to some countries are subject to embargoes or sanctions.
Find out about the new sanction and embargo regulations.
Get in touch with DIT:
- to find a trade office near you
- for Brexit enquiries
- for support with exporting from the UK
Export opportunities and advice
Find out about opportunities for exporting to South Korea in our country guide on great.gov.uk.