Asked by: Baroness Coussins (Crossbench - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what progress they have made in negotiations towards a Free Trade Agreement between the UK and Mexico.
Answered by Lord Johnson of Lainston - Minister of State (Department for Business and Trade)
Negotiations between the UK and Mexico have been positive so far, with a clear mutual intention to pursue a Free Trade Agreement which can complement and build on our new trade arrangements as members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. We have held three rounds of negotiations, with the latest taking place in May.
We look forward to concluding negotiations at the earliest opportunity. However, we want to make sure any new trade deal adds value to the UK economy and meets our trade policy objectives. We are prepared to take the time necessary to deliver that.