Overseas Trade: South Korea

(asked on 2nd November 2017) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment he has made of the value to businesses based in South Korea of the UK as a point of entry to the EU single market.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 13th November 2017

Many non-UK firms recognise the excellent business environment in the UK, and choose to invest and operate here. The UK is a very attractive destination for all foreign investment, with open markets, a long-term track record on the rule of law, a transparent regulatory system, a simple and competitive tax system and a highly skilled labour force – and the World Bank rates us 7th for ease of doing business.

As global champions of free and fair trade, we want to ensure that companies have the maximum freedom to trade and operate within European markets.

The UK Government is committed to securing a deep and special partnership with the EU, including a bold and ambitious Free Trade Agreement.

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