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<p>In the event of the UK leaving the EU with a negotiated agreement, the UK and EU
have currently agreed that existing international agreements would apply as they do
today for the duration of the implementation period.</p><p> </p><p>Nevertheless, we
have been working with our trading partners to have bilateral agreements ready in
place for when we need them, whether that is after an Implementation Period or for
a potential No Deal.</p><p> </p><p>We are making progress and have signed or agreed
in principle agreements with 32 countries. Total trade in 2018 between the UK and
these countries accounted for 63% of the UK’s trade with all the countries with which
the UK is seeking continuity in the event of a potential No Deal.<sup>1</sup> That
has moved from 28% since March. A regularly updated list of agreements signed is available
on GOV.UK. <a href="https://www.gov.uk/guidance/signed-uk-trade-agreements-transitioned-from-the-eu"
target="_blank">https://www.gov.uk/guidance/signed-uk-trade-agreements-transitioned-from-the-eu</a></p><p>
</p><p><sup>1</sup> The figures quoted above are based on total goods and services
trade (imports and exports) with the UK, according to the most recent data (ONS, 2018).[1]
They cover 65 countries that are party to 35 agreements. These are the countries covered
by existing EU agreements in force in 2018. As above, this excludes Turkey, Andorra,
San Marino which are part of customs unions with the EU and Japan, as the Economic
Partnership Agreement only came into force on 1<sup>st</sup> February 2019</p><p>
</p><p> </p>
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