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2025-12-16 07:16:03
[UK and South Korea Finalize Upgraded Free Trade Agreement] 1. The British government announced on Monday that, after two years of negotiations, the UK and South Korea have reached an upgraded free trade agreement. This agreement aims to enhance bilateral trade relations post-Brexit, ensure preferential market access for businesses from both sides, and lock in lower tariff levels for a longer period. 2. It is understood that negotiations to upgrade the trade agreement with South Korea began two years ago, with the core objective of modernizing and revising the original trade agreements inherited from Brexit.
