Total trade between Britain and the region is worth about £369m a year. The UK has signed a deal with Fiji and Papua New Guinea, which will see tariffs on all goods imported from those countries to the UK after Brexit slashed to zero. Prime Minister Theresa May said she was "delighted" by the deal, which is expected to be finalised in early 2018. The agreement comes as the UK hastens to rubber-stamp deals before the 29 March Brexit deadline. Agreements with some key trading partners, including Japan, Turkey and South Korea, are unlikely to be finalised in time, meaning trade would automatically switch to World Trade Organization terms, in the event of a no-deal Brexit.
The UK has signed a deal with Fiji and Papua New Guinea, which will see tariffs on all goods imported from those countries to the UK after Brexit slashed to zero. Prime Minister Theresa May said she was "delighted" by the deal, which is expected to be finalised in early 2018. The agreement comes as the UK hastens to rubber-stamp deals before the 29 March Brexit deadline. Agreements with some key trading partners, including Japan, Turkey and South Korea, are unlikely to be finalised in time, meaning trade would automatically switch to World Trade Organization terms, in the event of a no-deal Brexit.