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Written question asked by Lord Patten (Conservative) on Thursday, 14 January 2021, in the House of Lords. It was due for an answer on Thursday, 28 January 2021. It was answered by Lord Grimstone of Boscobel (Conservative) on Monday, 25 January 2021 on behalf of the Department for International Trade.


Balance of Trade: Tunisia

Question

To ask Her Majesty's Government what is the current balance of trade between the UK and Tunisia; and what assessment they have made of whether such economic activity will increase following the UK's departure from the EU.

Answer

Total trade between the United Kingdom and Tunisia was £506m in the four quarters to the end of Q2 2020, with a surplus to the United Kingdom of £38m. At the end of the transition period, we brought into effect the United Kingdom-Tunisia Association Agreement, which secures preferential bilateral trading arrangements, allowing British and Tunisian businesses and consumers to benefit from continued preferential access to each market. Looking ahead, this agreement is a clear signal of our enduring commitment to our close bilateral relationship with Tunisia and will help strengthen trade and investment ties in the future.


Secondary information

Type
Written question
Reference
HL12171
Session
2019-21
Subjects
Tunisia Balance of trade
Link
View this Written question on www.parliament.uk