Question to the Department for Business and Trade:

To ask His Majesty's Government to what extent they consider countries’ presence on the Financial Action Task Force's grey and black lists in assessing their suitability for (1) existing trade agreements or (2) trade agreement negotiations.

The UK plays an active role within the Financial Action Task Force (FATF) and will continue to work with partners globally to tackle money laundering and the financing of terrorism. We will continue to seek provisions in our trade agreements that address the trade-distorting effects of corruption.

The Government is also committed to publishing a Trade Strategy in Spring 2025 that will be growth-based and future focused and will set out the government’s approach to future trade policy including our overarching approach to trade levers such as trade agreements.