Export Advice Hub: Update on live and forthcoming UK trade negotiations

Aug 12, 2022

CPTPP (11-strong nation block in Asia-Pacific) accession – set to be completed by the end of 2022.
India – high-level deadline set for 24 October 2022 for completion of negotiations.
Canada (upgrading the continuity agreement) – have commenced, due to be completed by end of 2022.
Mexico (upgrading the continuity agreement) – have commenced – no deadline for completion.
Gulf Co-operation Council (Saudi Arabia, Qatar, Kuwait, UAE, Bahrain, Oman) – first round taking place this month (August)
Israel (upgrading the continuity agreement) – negotiations launched, likely to get underway in coming weeks.
Switzerland (upgrading the continuity agreement) – likely to get underway in the autumn.
Future negotiations: South Korea (upgrading the continuity agreement). Australia and New Zealand agreements on track for ratification before end of 2022 and entry into force early next year.
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The Bank of England has today left interest rates unchanged amid continued global uncertainty. As has so often been the case recently, there was a significant divergence in views around the MPC table - itself a testament to the uncertainty surrounding the economy and...

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