Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the UK-New Zealand Free Trade Agreement on the UK; and if he will publish a report on that agreement since its implementation.

The Department’s impact assessment of the UK-New Zealand Free Trade Agreement was published under the previous government on 28th February 2022. This impact assessment set out the potential long-run incremental economic impact of the FTA and is available on gov.uk. On a recent visit to New Zealand I saw how the FTA – and the trade advantages consequent upon our membership of the CPTPP – are being used.

The Department is currently considering our approach to FTA Monitoring, and we will provide an update on this in due course.