Trade minister Liam Fox will use a two-day trip to the World Economic Forum in Davos to meet trade ministers from around the world to discuss rolling over existing EU trade agreements after Britain leaves the bloc, his office said.
With little time left until the United Kingdom is due to leave the European Union on March 29, there is no agreement in London on how and even whether it should leave the world’s biggest trading bloc, and a growing chance of a “no-deal” exit with no provisions to soften the economic shock.
Fox has said he hopes to replicate around 40 EU free trade agreements with third countries by the time Britain leaves the bloc but the Financial Times reported last week that none would be ready by the end of March.
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