Extract from committee stage (Lords) of the Trade (Australia and New Zealand) Bill - Jan 23

Lord Lennie (Lab):...All of this is vital. We have learned from the UK Government that they are starting negotiations with other countries and trading blocs, including the CPTPP and its 11 countries, which the UK applied to join in 2021. The negotiations were to be concluded by the end of 2022; I do not know how far on we are, but an update would be helpful. Negotiations with the US started in May 2020, but a federal agreement is not expected soon. The Government have signed up to a memorandum of understanding. There is no current trade agreement between the UK and India, and negotiations started on 17 January 2022. We do not have a free trade agreement with any of the six states in the Gulf Cooperation Council—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE; negotiations started in 2022. Negotiations were launched with Israel on 20 January 2022, to update the existing UK-Israel agreement which largely replicates the agreement that Israel has with the European Union. When new deals are not in place, the majority of trading arrangements largely replicate those agreements that were in place when we were a member of the European Union.

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