Trade Agreements: Maldives

(asked on 5th February 2021) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what steps her Department is taking to establish equivalent trading agreements between Maldives and the UK as exist with similar Commonwealth countries.


Answered by
Ranil Jayawardena Portrait
Ranil Jayawardena
This question was answered on 10th February 2021

British agreements with similar Commonwealth countries were ‘rolled over’ from previous European Union (EU) agreements. My Hon. Friend will know that the Maldives did not have a Free Trade Agreement (FTA) with the EU.

HM Government has not been able to negotiate trade deals with our friends around the world for almost fifty years. Now that we have control of our independent trade policy, the Department for International Trade is actively pursuing agreements with our trading partners, under an ambitious programme of work – including with the United States, Australia and New Zealand – as well as seeking accession to the Trans-Pacific Partnership.

The United Kingdom and the Maldives already have a strong bilateral relationship. Trade in goods and services was worth £201m in 2019. In that context, we are working with the Maldivian Government to explore ways to increase trade and investment across a range of sectors of mutual interest, including food and drink, defence, education, fitness and health, and in environmental science and sustainable development.

Reticulating Splines