Asked by: Greg Knight (Conservative - East Yorkshire)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what plans she has to negotiate an enhanced trade agreement with Mexico, subsequent to the UK-Mexico Trade Continuity Agreement signed in 2020.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
The United Kingdom signed a Trade Continuity Agreement with Mexico on 15th December 2020. The Government has agreed to begin new negotiations with Mexico on an ambitious, modern and comprehensive free trade agreement within one year, and to conclude them within three years.
The joint political statement published by both countries commits that this will be at least as liberalising as the EU-Mexico Modernised Agreement that will come into force next year.
Asked by: Greg Knight (Conservative - East Yorkshire)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment she has made of the potential effect of the new enhanced EU-Mexico Trade Agreement on levels of British imports from and exports to Mexico.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
The United Kingdom is committed to starting negotiations with Mexico later this year towards an upgraded Free Trade Agreement (FTA). This deal will be tailored to the needs of British businesses and the British people. We are consulting through a ‘Call for Input’, which includes gathering feedback on the EU-Mexico Modernised Agreement. We will publish a response to the ‘Call for Input’ in due course.