Trade Agreements: Bosnia and Herzegovina

Department for International Trade written question – answered on 9th June 2021.

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Photo of Emily Thornberry Emily Thornberry Shadow Secretary of State for International Trade

To ask the Secretary of State for International Trade, what recent progress she has made on rolling over the trade agreement in place before 1 January 2021 with Bosnia and Herzegovina; and whether she plans to (a) seek to remove or (b) amend the clause in that agreement relating to duty drawback and exemption to exclude its application to the UK's new of freeports.

Photo of Emily Thornberry Emily Thornberry Shadow Secretary of State for International Trade

To ask the Secretary of State for International Trade, what recent progress she has made on rolling over the trade agreement in place before 1 January 2021 with Montenegro; and whether she plans to (a) seek to remove or (b) amend the clause in that agreement relating to duty drawback and exemption to exclude its application to the UK's new of freeports.

Photo of Greg Hands Greg Hands The Minister of State, Department for International Trade

The Government has regularly offered Bosnia and Herzegovina and Montenegro an agreement that would provide continuity for business, and on the same terms as the EU Agreement.

The Government understands that the authorities in Bosnia and Herzegovina are considering their position and the Government remains ready to conclude a trade agreement with Bosnia and Herzegovina when they are able to do so.

Following last year’s elections and formation of a new government in Montenegro, and with the COVID-19 situation there now improving, the Government stands ready to open discussions.

The Government will carefully assess and negotiate the terms of all future trade agreements, such as clauses related to duty drawback, to secure provisions that benefit all of the United Kingdom, including producers in the UK’s new freeports.

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