Overseas Trade: South Korea

(asked on 26th May 2021) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what recent steps her Department has taken to help increase the volume of trade between the UK and South Korea.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 11th June 2021

The UK-South Korea Free Trade Agreement (FTA), which entered into force on 1 January 2021, forms the basis of an ambitious new trading partnership between the United Kingdom and South Korea.

The UK also has a Joint Economic and Trade Committee (JETCO) with South Korea, led by my Rt hon. Friend the Secretary of State for International Trade. This helps to develop further the positive trade and investment relationship and compliments the opportunities the FTA presents.

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