South Korea, UK agree to sign free trade deal ahead of Brexit

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South Korea, UK agree to sign free trade deal ahead of Brexit
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South Korea and Britain have agreed in principle to sign a separate free trade d...

A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration

The deal would help South Korea minimize trade uncertainty and maintain trade with Britain based on Seoul’s existing free trade agreement with the EU, the Ministry of Trade, Industry and Energy said in a statement. South Korea will also prepare responses to other possible scenarios including a ‘no-deal’ Brexit, the ministry added.

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