Trade Agreements: Israel

Department for International Trade written question – answered on 15th November 2022.

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Photo of Tan Dhesi Tan Dhesi Shadow Minister (Transport)

To ask the Secretary of State for International Trade, by what date she expects a free trade agreement with Israel to be concluded.

Photo of Nigel Huddleston Nigel Huddleston Government Whip, Lord Commissioner of HM Treasury, Parliamentary Under-Secretary (Department for International Trade)

We launched negotiations for an upgraded Free Trade Agreement with Israel in July and held the first round of technical discussions in Jerusalem on 12 – 20 September.

The Government is clear that in negotiations we will not sacrifice quality for speed. We already have an existing deal providing tariff-free trade for 99% of the value of current goods trade. This upgraded agreement is fundamentally about adding ambitious coverage of services and procurement for a modern digital economy. We will only sign when we have a deal that is fair, reciprocal, and ultimately in the best interests of the British people and the economy.

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