Luxury goods feature in UK accord for South Korea trade talks

LONDON: The UK and South Korea are set to begin regular trade talks, with luxury brands a particularly promising topic, as Britain prepares to expand its commercial reach once it has left the European Union.

A formal working group of ministers from the two countries would meet as many as four times a year to discuss removing barriers to commerce and prospects for “future, ambitious trade opportunities” after the UK exits the EU, the British government said in an statement.