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Trade Agreements: Brexit

Question for Department for International Trade

UIN HL11512, tabled on 15 December 2020

To ask Her Majesty's Government when they expect to begin negotiations on a fully-revised free trade agreement in the case of each continuity agreement they have reached in preparation for the end of the transition period for the UK's departure from the EU.

Answered on

18 December 2020

In under two years, HM Government has signed or agreed in principle trade agreements with 58 countries. Total United Kingdom trade with these countries was worth £198 billion in 2019.

Beyond the end of the transition period, the United Kingdom continues to have an ambitious Free Trade Agreement programme. We will continue to progress our negotiations with the USA, Australia and New Zealand, as well as prepare for our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). We will also look to refresh a number of previously signed or agreed in principle trade agreements, where we are legally obliged to do so. This will help ensure we have deals that are specific to United Kingdom trading interests.

We will need to consider the timing of these agreements alongside a suite of other policy initiatives.