Trade Agreements: Australia and New Zealand

(asked on 30th March 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, how much departmental expenditure she has allocated over the next four years for the costs of implementing the UK's trade agreements with (a) Australia and (b) New Zealand.


Answered by
Penny Mordaunt Portrait
Penny Mordaunt
Lord President of the Council and Leader of the House of Commons
This question was answered on 27th April 2022

The Department has begun preparing for implementation of the Australia and New Zealand Free Trade Agreements. This is a cross-government effort, with teams considering pre-entry into force legislative and domestic preparations, and implementation post entry into force.

DIT has allocated £46.3m in 2022-23, £48.3m in 2023-24 and £48.5m in 2024-25 for the negotiation and implementation of free trade agreements, however, it is not possible to identify funding solely for the implementation of the UKs trade agreements with Australia and New Zealand. The Department has no allocated funding for 2025-26.

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