UK signs post-Brexit free trade deal with South Korea

The UK and South Korea have signed an outline free trade agreement that seeks to maintain existing trade arrangements post-Brexit.

International Trade Security Liam Fox signed the deal with his South Korean counterpart Yoo Myung-Hee in Seoul.

The preliminary agreement marks the first post-Brexit trade deal the UK has secured in Asia.

The agreement is roughly in line with the terms of the existing Korea EU-FTA.