While a member of the EU, the UK was automatically part of some 40 trade agreements that the EU has concluded with more than 70 countries. In 2018, these activities accounted for about 11% of total trade in the UK. To date, more than 20 of these existing agreements, covering 50 countries or territories, have been shaken up with the exception of the I.V. and will begin on 1 January 2021. Based on 2018 figures, this represents about 8% of total trade in the UK. But it is clear that new agreements with some countries will not be ready in time. Other agreements were signed in March with the Pacific Islands (Papua New Guinea and Fiji) and the Cariforum countries (Caribbean). A trade continuity agreement with Iceland and Norway was signed in April. The agreement was signed in May with the Andean countries (Ecuador, Colombia and Peru) and in July with six Central American countries. A continuity agreement with South Korea was initially announced in June and signed in August. In September, the government announced that it had signed an economic partnership agreement with the five members of SACU and Mozambique. In late January and February, the signing of free trade agreements with Chile, the States of East and South Africa, the Faroe Islands, Switzerland, Israel and the Palestinian Authority was announced.
An agreement has also been announced for the renewal of the provisions of the agreement between the United Kingdom and Switzerland in Liechtenstein. Trade policy The EU`s position on trade, negotiating areas, background documents and news. A communication from the Department of International Trade published in June and subsequently updated indicates that trade with countries with which the government is seeking continuity agreements amounted to $138.7 billion in 2018, or 10.7% of total UK trade. The figures do not include Turkey, Japan and other countries with which a continuity agreement will not be possible until the day of withdrawal. The note states that the continuity agreements signed so far represent 64.2% of the 10.7%. In addition to these agreements, the list of agreements signed by the Brexit minister of 25 January 2019 concerned insurance contracts with the United States and Switzerland, as well as a road agreement with Switzerland. Several multilateral agreements, for which the United Kingdom is taking steps to become an independent party, were also mentioned. These include international civil justice conventions, various fisheries agreements and agreements, the joint transit agreement, the Interbus agreement and the WTO public procurement agreement.
In February 2019, the government said the UK would remain after the day of withdrawal, „where it is already a party in its own right,“ to most „mixed“ multilateral agreements.