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Israel Trade Negotiations Update

01 May 2024

Proposing MP
Greg Hands Con
Chelsea and Fulham
Type
Written Ministerial Statement
Department
Department for Business and Trade
View on Parliament.uk -->

At a Glance

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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