The UK has clearly missed the target it set for post-Brexit trade deals at the turn of the year. Less than two-thirds of the foreign trade volume has so far been covered by post-Brexit trade agreements, as a spokesman for the British Department of Commerce confirmed on request. Originally, the government in London had set a target for new trade contracts to account for 80 percent by the end of 2022. The possibility, as a sovereign state, to conclude its own trade agreements free of EU regulations was one of the central promises of Brexit. According to the most recent official figures available, only 63 percent of foreign trade is covered by such contracts.
Trade – Missing Brexit trade target – Economy
