Australia will open talks in London this week with the U.K. over new trade and investment deals ahead of Britain’s withdrawal from the European Union. Treasurer Scott Morrison said despite “growing international anti-trade sentiment” the federal government will look to improve the close relationship between Australia and the U.K. as Brexit takes shape. The value of Australia’s trade with the U.K. was A$27 billion ($20 billion) in 2015-16, split between A$12 billion in exports and A$15 billion in imports. “Discussions during this visit will begin laying the foundations for Australia to strike new beneficial trade and investment arrangements with the U.K. that benefit our businesses, exporters and citizens,” Morrison said in a statement Sunday. British Prime Minister Theresa May pledged to quit the single European Union market last week while retaining the ability to negotiate new trade deals with countries outside the bloc. Morrison will also hold meetings with financiers on the U.K.’s affordable housing policies to determine if they are “fit for purpose” in Australia. Meetings are scheduled with U.K. Chancellor Philip Hammond, Housing and Planning Minister Gavin Barwell and City Minister Simon Kirby.