Overall Landscape

International trade

UK Trade Policy

Last updated: 17/03/2025

  • The UK currently has FTAs with over 70 countries in addition to the Trade & Cooperation Agreement (TCA) reached with the EU. In most cases, FTAs seek to maintain continuity of pre-Brexit trade with third countries.
  • Several of these FTAs include clauses requiring the agreement to be re-negotiated. Negotiations are underway with Switzerland, Israel, Turkey and South Korea. The government has signalled it will continue with these negotiations. 
  • In January 2024, negotiations with Canada on a new FTA were suspended following an impasse on trade in agricultural goods.
  • The UK is negotiating an FTA with India for the first time, with a target of reaching agreement in principle in 2025. The government has signalled it will agree an FTA as part of a broader UK-India relationship.
  • Negotiations on an FTA with the Gulf Cooperation Council commenced in 2022 and will continue in 2025. 
  • Timing: this is an area of continuing change and timescales are being determined for each negotiation. 

Resources (click to open)

Contacts

Amanda Tickel
Amanda Tickel

Partner (Head of Tax and Trade Policy)

+44 (0)20 7303 3812

ajtickel@deloitte.co.uk