Negotiators had hoped to continue with the deals, which also includes a customs union agreement with Turkey. However, according to the Daily Telegraph, the UK has run out of time and officials claim several crucial deals would not be finalised by March 29. The negotiators believed in keeping the deals in order to minimise disruption for importers and exporters.
In a statement the Department for International Trade (DIT) said: “We will not transition this agreement for exit day.
“While a number of these continuity agreements are likely to be concluded by exit day, it is the duty of the Government to produce a highly cautious list of those that may not be in place in order that businesses and individuals ensure that they are prepared for every eventuality.
“It remains our priority to conclude trade continuity agreements with these countries by exit day or as soon as possible thereafter.” The list shows where “engagement ongoing” to try and maintain the deals. The Daily Telegraph reports that the Japanese deal, however, is not likely to continue. At present just seven of the EU’s 69 deals with nations outside the European Union have rolled over by the UK. This has led to concern among business bosses as it could mean dislocation for buyers and sellers following Brexit.
