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Written question asked by Viscount Waverley (Crossbench) on Thursday, 16 June 2022, in the House of Lords. It was due for an answer on Thursday, 30 June 2022. It was answered by Lord Grimstone of Boscobel (Conservative) on Monday, 27 June 2022 on behalf of the Department for International Trade.


Trade Agreements: Commonwealth and USA

Question

To ask Her Majesty's Government whether they will consider entering into negotiations with the United States and Commonwealth countries to establish a single free trade agreement involving all of those nations.

Answer

The United Kingdom already has trade deals with 33 Commonwealth nations. In addition, we are negotiating free trade agreements with India, as well as Brunei and Malaysia through the Trans-Pacific Partnership (CPTPP).

A further fifteen Commonwealth nations, who qualify as developing nations, will benefit from reduced tariffs under the new Developing Countries Trading Scheme.

The United Kingdom is ready to progress negotiations on a trade deal with the United States when they are ready to do so. In the meantime, both sides have agreed to develop a roadmap to further strengthen Anglo-American trade.


Secondary information

Type
Written question
Reference
HL1072
Session
2022-23
Subjects
Commonwealth Negotiations Trade agreements USA
Link
View this Written question on www.parliament.uk