Written question asked by Lord Robathan (Conservative) on Wednesday, 31 October 2018, in the House of Lords. It was due for an answer on Wednesday, 14 November 2018. It was answered by Baroness Fairhead (Conservative) on Wednesday, 14 November 2018 on behalf of the Department for International Trade.
Overseas Trade: Algeria
- Question
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To ask Her Majesty's Government what is their current policy regarding trade with Algeria; and what support they provide to companies doing business there.
- Answer
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The UK-Algeria trading relationship was worth £1.9 billion in 2017, an increase of 41.7% on 2016.
The Department for International Trade’s (DIT) team in Algiers provides support to British businesses, assisted by the Africa Trade Services Unit. DIT Algeria organises trade missions for UK businesses, frequently led by my noble Friend Lord Risby, the Prime Minister’s Trade Envoy to Algeria.
UK Export Finance (UKEF) has significant capacity to support UK exports to Algeria, with risk appetite of up to £3bn.
The UK’s trade policy framework with Algeria is currently covered by the EU-Algeria Association Agreement. The Government is seeking continuity for existing EU free trade agreements as we leave the EU and to replicate the effects of existing agreements as far as possible.
Secondary information
- Type
- Written question
- Reference
- HL11176
- Session
- 2017-19
- Subjects
- Overseas trade Algeria
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2018-11-14 12:56:46 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL11176
- In Indexing
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- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL11176