<p>For the first time in more than four decades, the UK will have an independent trade policy once we exit from the EU.</p><p>We will deploy all the tools at our disposal and tailor our trade policy to the strengths and requirements of the UK economy. We are preparing for an ambitious programme of trade negotiations and enhanced market access, while seeking continuity for our existing EU free trade agreements. We have consulted on our first four potential FTAs, with Australia, New Zealand, the United States and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.</p><p> </p><p>Our independent trade policy is reinforced by the Government’s Export Strategy, which set the ambition that exports reach 35 percent of GDP through encouraging, informing, connecting and helping to finance businesses with the potential to export. We also aim to remain the principal FDI destination in Europe, an ambition supported by the High Potential Opportunities, a programme of intensive support connecting international investment to globally competitive projects in the UK regions.</p><p> </p><p> </p><p>The Government’s report “EU Exit: Long term economic analysis” considers illustrative scenarios for future trade deals with new partners after exiting the EU. The Government has committed to publishing Scoping Assessments prior to launching negotiations on new free trade agreements. We will then publish an impact assessment of any concluded agreement prior to ratification.</p>