To ask the Secretary of State for International Trade, what estimate she has made of the total value of bilateral trade with Israel in the last five years, and what steps she is taking to increase that value in the next five years.
Answered on
11 January 2022
Our bilateral trade relationship with Israel is already strong at almost £5 billion per year. Total trade between the UK and Israel has grown over the last five years from £3.5 billion in 2015 to £4.8 billion in 2020.
Officials and Ministers are in regular contact with their Israeli counterparts on our existing bilateral free trade agreement and ambitions for our future relationship. The Government will open a Call for Input on an enhanced bilateral free trade agreement with Israel early this year.