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UK-Israel Trade Negotiations — [Ian Paisley in the Chair]

20 January 2022

Lead MP

Bob Blackman
Harrow East
Con

Responding Minister

Ranil Jayawardena

Tags

EconomyBrexitForeign AffairsBusiness & Trade
Word Count: 12402
Other Contributors: 7

At a Glance

Bob Blackman raised concerns about uk-israel trade negotiations — [ian paisley in the chair] in Westminster Hall. A government minister responded.

Key Requests to Government:

The lead MP calls for an ambitious approach in negotiations towards a comprehensive free trade agreement with Israel. He asks the Minister to provide details on the start date for consultations and updates on sector-specific ambitions, including financial services, infrastructure, and technology. Additionally, he seeks confirmation that discussions will include digital data and technology, particularly med-tech.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Harrow East
Opened the debate
The UK and Israel are natural trade partners due to shared democratic values and technological prowess. With the estimated value of UK-Israel trade at £5 billion, there is potential for further growth across industries such as pharmaceuticals, fintech, and cyber-security. Bob Blackman highlights that Israeli businesses have a strong presence in the UK market, with 500 companies operating here and employing thousands of people. He also notes Israel's success despite geographical and geopolitical challenges, citing its R&D expenditure of 4.9% of GDP compared to the UK's.

Government Response

Ranil Jayawardena
Government Response
Discussed the UK's commitment to its strong trading relationship with Israel, including a new free trade agreement. Emphasized the value of sectors such as medical science and technology in the bilateral partnership. Mentioned existing trade figures of £4.6 billion and opportunities for future expansion in services like digital health solutions. Addressed concerns over Palestinian territories and arms exports by stating goods from illegal settlements do not receive benefits under the UK's trade agreement, and that export licences are granted only after thorough risk assessment.
Assessment & feedback
Summary accuracy

About Westminster Hall Debates

Westminster Hall debates are a chance for MPs to raise important issues affecting their constituents and get a response from a government minister. Unlike Prime Minister's Questions, these debates are more in-depth and collaborative. The MP who secured the debate speaks first, other MPs can contribute, and a minister responds with the government's position.