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Trade in GBP £ Millions Rank Country Imports to UK Exports from UK Total trade Trade balance -Total for non-EU: 345,533: 341,932: 642,726: 41,138 - European Union (Total) 341,002
Goods The UK has no free trade agreement with any of the EU Overseas Countries and Territories. Greenland and the UK have opened negotiations for a free trade agreement. [168] [169] Montenegro: 1 15 October 2007 1 May 2010 1 January 2021 Goods & Services The UK has no free trade agreement with Montenegro. [170] [109]
The New Zealand–United Kingdom free trade agreement (NZUKFTA) was signed on 28 February 2022. [1] The broad terms of the agreement were concluded on 20 October 2021. [ 2 ] It was the second trade agreement signed by Britain since leaving the European Union that was negotiated completely anew.
The United Kingdom–United States Free Trade Agreement (UKUSFTA) is a proposed free trade agreement between the United Kingdom and the United States. [1]The UK became legally able to independently negotiate trade agreements when it left the European Union from 1 January 2020 due to a transition period which lasted until the UK formally exited the EU. [2]
The UK needs to follow — in respect of Northern Ireland — EU regulations with regards to trade in goods and to implement future changes of those regulations; The Court of Justice has jurisdiction with regards to non-compliance of the UK with parts of the protocol as well as with the application of the trade in goods-regulation.
The Israel–United Kingdom free trade agreement (IUKFTA) is a proposed free trade agreement which began negotiations on 20 July 2022. [1] The trade agreement would be the third FTA to cover Israel–UK trade, and superseding the Israel–UK Trade Continuity Agreement, extending the deal to cover services and digital trade. [2]
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