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On 30th November 2022, the Secretary of State for International Trade (Kemi Badenoch) announced that the UK had reached an agreement in principle with the Ukraine on a Digital Trade Agreement.
This is the first Digital Trade Agreement that Ukraine have agreed. It expands on our current FTA with Ukraine by modernising our trade in the digital era and deepening our economic ties.
Following the agreement in principle, the text will now be finalised and prepared for signature after which point it’ll be presented to Parliament for scrutiny.
Horizon issue 2.indd 7
At the time of writing, the latest round of talks on our accession to the CPTPP (Comprehensive & Progressive Agreement for Trans-Pacific Partnership) took place in Sydney from 10th-13th October 2022.
Negotiations covered market access on trade in goods, services and investment, financial services, government procurement, temporary entry of businesspersons and legal and institutional issues.
For more information on the CPTPP, take a look at our article on page 47.
7. News
14/12/2022
14:48:55
The UK Government have opened a call for businesses to provide their input on what aspects of the current trading relationship with South Korea they would like to see improved or amended.
UK businesses can currently trade with South Korea under the Free Trade Agreement which is a continuation of the FTA between the EU – South Korea.
The consultation will help to shape the UK’s approach to starting negotiations with South Korea on an improved FTA.
Through the consultation, the government are looking to find out:
What businesses think about the government's current trading arrangements with South Korea Where the government could make changes or improvements
Where businesses are facing challenges or constraints when attempting to trade or invest in South Korea
Businesses can take part in the consultation by searching “Trade with South Korea: Call for Input” on the Gov.uk website.
The consultation closes at 11:45pm on 2nd February 2023.