Service Industries: Exports

(asked on 25th October 2022) - 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 enable the UK's financial and professional services industries gain full access to international markets through international trade agreements being negotiated by her Department.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 7th November 2022

The UK is the second-largest exporter of other business services, which includes professional, and financial services, in the world. To improve the access these important and diverse sectors have to foreign markets HMG seeks ambitious commitments in its free trade agreements to support all elements of the services ecosystem. This includes provisions on market access, regulatory transparency, investment, business travel, recognition of qualifications, regulatory dialogue and data.

HMG has published its objectives for negotiations with India, Israel and CPTPP, which can be found on gov.uk.

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