'Rapid Progress' Expected in Upcoming UK-South Korea FTA Talks

The U.K. and South Korea last week agreed to officially update their free trade agreement, which is expected to include a new rules of origin chapter, improved customs procedures and more. The two countries will hold the first round of negotiations Jan. 22 in Seoul, and “further rounds of negotiations are to occur regularly thereafter,” the U.K. said. “We look forward to significant and rapid progress.”