{"id":7541,"date":"2019-02-14T19:32:13","date_gmt":"2019-02-14T19:32:13","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/brexit-what-trade-deals-has-the-uk-done-so-far\/"},"modified":"2019-02-14T19:32:13","modified_gmt":"2019-02-14T19:32:13","slug":"brexit-what-trade-deals-has-the-uk-done-so-far","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/brexit-what-trade-deals-has-the-uk-done-so-far\/","title":{"rendered":"Brexit: What trade deals has the UK done so far?"},"content":{"rendered":"\n
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\"LiamImage copyright<\/span>
\n Getty Images<\/span><\/p>\n

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Image caption<\/span>
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\n The UK-Swiss agreement signed in Bern on 11 February also applies to neighbouring Liechtenstein
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\n <\/figcaption><\/figure>\n

As a European Union member, the UK is automatically part of about 40 trade agreements which the EU has with more than 70 countries. <\/p>\n

If the UK leaves the EU without a deal on 29 March, it would lose these trade deals immediately. <\/p>\n

To avoid this, Theresa May’s government says it wants to replicate the EU’s trade agreements “as far as possible”<\/a> and have them ready to go in the event of a no-deal Brexit.<\/p>\n

Liam Fox, the international trade secretary, told MPs in January last year that the government wanted to achieve “continuity and stability” by ensuring that the UK would continue to benefit from these arrangements.<\/p>\n

So how much progress has been made?<\/p>\n

Four out of 40<\/h2>\n

The UK has (so far) only agreed four deals. Labour’s Shadow International Trade Secretary, Barry Gardiner, said he understood that talks on 19 other deals were “significantly off track” and that “two are not even being negotiated”.<\/p>\n

In response, Mr Fox said talks to replicate the remaining agreements will “go down to the wire”.<\/p>\n

Such arrangements include relaxing certain rules, reducing taxes (tariffs) on imports and exports, or granting easier market access.<\/p>\n

The government estimates that about 11% of UK trade relies on the EU’s agreements with 70 countries.<\/a><\/p>\n

The agreements the UK has struck are:<\/p>\n