International Agreements
| International Agreements | |
|---|---|
| Technical Guidance | Implications for the Isle of Man |
| Existing free trade agreements | This webpage offers guidance on trade agreements the UK has already signed.
From 1 January 2021 EU trade agreements will not apply to the UK. The UK is seeking to reproduce the effects of existing EU agreements for when they no longer apply to the UK. This will ensure continuity of trading arrangements for UK businesses. These new agreements will replicate existing EU agreements and the same preferential effects with third countries as far as possible. These "continuity agreements" will replicate the existing EU agreements' territorial scope, and they will therefore apply to the Isle of Man to the same limited extent as the existing EU trade agreements. If the UK does not reproduce the effects of an existing EU agreement, trade with other World Trade Organization (WTO) members will take place on WTO terms from 1 January 2021. |
