Updates on recent International Trade Discussions
UK ministers visit Gulf to boost trade and investment
Trade Secretary Jonathan Reynolds and Trade Policy Minister Douglas Alexander choose the Gulf for first joint international visit since election. Trade deal with the Gulf part of Government drive to deliver economic growth. Ministers to showcase UK as exciting and innovative investment destination ahead of International Investment Summit.
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UK and Indonesia strengthen partnerships on growth and climate
UK and Indonesia to sign agreements on development and critical minerals, as Development Minister visits region for first time.
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UK signs trade pact with Thailand to boost exports
UK seals ambitious Enhanced Trade Partnership (ETP) designed to boost trade and investment with Thailand. The pact will help create opportunities for UK businesses in the country, which is the second-largest economy in Southeast Asia. The UK auto industry set to save millions exporting cars to Thailand after rules around emissions testing changed.
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£160m boost for UK poultry industry as exports to South Africa restart
British poultry can once again reach South African tables, after the UK secured market access estimated to bring up to £160m to industry over the next five years.
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Malaysia ratifies the UK’s Accession Protocol to the CPTPP
Malaysia has become the seventh country to ratify the UK’s Accession Protocol to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The UK’s accession will take effect among ratifying states on Sunday 15 December, when UK firms can then begin to use the new trading terms.
Read more on the CPTPP here
UK and Switzerland kick off trade talks
UK and Swiss negotiators to meet for first time since the election to restart negotiations on an upgraded trade agreement. Trade between our two countries is worth over £50 billion. The negotiations begin as the first International Investment Summit gets under way showcasing why the UK is a top destination for inward investment.
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