business
informative
update
UK secures £2 billion in exports with new South Korea trade deal
Dec 15, 2025, 11:31 PM10
(Update: Dec 15, 2025, 11:31 PM)
business
informative
update
UK secures £2 billion in exports with new South Korea trade deal
- The UK government has extended its tariff-free trade agreement with South Korea, ensuring 98% of goods remain tariff-free.
- The deal protects £2 billion of UK exports from increased tariffs that were to take effect in January 2026.
- Officials believe this trade agreement will support British jobs and economic growth, showcasing the importance of maintaining strong trade ties.
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