Commons Sense

House of Commons · Written Ministerial Statement

Israel Trade Negotiations Update

01 May 2024 · Department for Business and Trade

Proposed by Greg Hands Con Chelsea and Fulham

Business & Trade

Summarised by AI from the official record, so it can contain mistakes.

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At a glance

Key points

  • Greg Hands updates Parliament on the fifth round of UK-Israel Free Trade Agreement negotiations.
  • The minister informs that further updates will be provided to Parliament as negotiations progress.
  • No specific action is requested by the minister.

Issue summary

Greg Hands updates Parliament on the fifth round of UK-Israel Free Trade Agreement (FTA) negotiations.

Action requested

No specific action requested; the minister informs that further updates will be provided to Parliament as negotiations progress.

Key facts

  • The fifth round of UK-Israel FTA negotiations was held from 8 to 17 April 2024.
  • Negotiations were conducted in a hybrid manner with 63 sessions covering 27 policy areas.
  • Services make up around 80% of both economies but only one third of current trade between the UK and Israel, valued at £6.4 billion as of September 2023.
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