Trade Agreements: Australia

(asked on 18th January 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, how her Department will track the value of services sold to Australia under the UK-Australia Free Trade Agreement (FTA); and how it will assess whether that trade of services would not have occurred without a FTA.


Answered by
Penny Mordaunt Portrait
Penny Mordaunt
Lord President of the Council and Leader of the House of Commons
This question was answered on 24th January 2022

The Department has committed to conducting and publishing a monitoring report two years after entry into force of the UK-Australia FTA, and every two years thereafter.

This will monitor the implementation of the FTA by measuring the evolution of trade flows and utilisation of the agreement. It will also discuss, where possible, the extent to which short-term changes in trade flows can be attributed to an FTA itself rather than wider factors.

The Department has also committed to publishing an evaluation report five years after entry in to force. This will analyse a broad range of impacts, including those relating to trade in services.

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