South Korea and the United Kingdom have agreed to put together a bilateral free trade treaty to continue their close economic links post-Brexit, according to a report published by Yonhap News.

The two countries have been in working-level talks with the UK’s International Trade Minister Liam Fox and South Korea’s Finance Minister Kim Dong-yeon meeting to agree to cooperate on a new deal, which  will cover trade between the two nations once the UK exits from the European Union at the end of March.

The UK is South Korea’s second-largest trading partner in Europe, according to government data per Yonhap News.