Mauritius can also benefit from trade preferences with the European Union under the Interim Economic Partnership Agreement. In March 2018, Mauritius signed the agreement establishing the Continental Free Trade Agreement, which entered into force in May 2019. The Government of Mauritius and the People`s Republic of China concluded negotiations for a free trade agreement in September 2018. The agreement was signed by both countries, but will only enter into force after ratification. Mauritius also signed an agreement with the United Kingdom in January 2019 to protect the trade preferences it currently enjoys under the Interim Economic Partnership Agreement (EPA) with the European Union. The new agreement, known as the UK-ESA EPA, is expected to enter into force on 1 January 2021.