UK, South Korea to sign deal to strengthen supply chains for key products

Monday's meeting is a precursor to formal trade negotiations, which are expected to begin later this year, to improve an existing agreement

Britain and South Korea will on Monday sign an agreement to reinforce pandemic-damaged supply lines for key products like semiconductors, with trade minister Anne-Marie Trevelyan due to host her counterpart Yeo Han-koo in London.

The ministers will also begin work on an improved trade deal as Britain looks to use its exit from the European Union to build stronger ties with faster-growing economies throughout Asia and the Pacific.

"This is our Indo-Pacific tilt in action – strengthening ties with one of the largest economies in the world," Trevelyan said in a statement.

Monday's meeting is a precursor to formal trade