A debate will be held on promoting trade with the Commonwealth to in Westminster Hall on Wednesday 22 February at 2.30pm. The subject for debate has been chosen by Jake Berry MP.
Promoting trade with the Commonwealth (209 KB , PDF)
In March 2017, the UK will co-host the inaugural Commonwealth Trade Ministers Meeting. The objective will be to reaffirm the commitment of Commonwealth member countries to a “transparent free and fair multilateral trading system,” and to define an ambitious Commonwealth led “Agenda for Growth”, supporting the target of increasing intra-Commonwealth trade to US$1 trillion by 2020.
In 2015, UK exports of goods and services to the Commonwealth were £47.4 billion (9.2% of total UK exports).
In the same year, UK imports from the Commonwealth were £45.5 billion (8.3% of total UK imports).
UK exports to the Commonwealth peaked at £54.7 billion in 2011 before falling to £47.4 billion in 2015.
UK imports from the Commonwealth peaked at £52.0 billion in 2011 before falling to £45.5 billion in 2015.
The UK’s trade is heavily focussed on a small number of 51 Commonwealth countries – Australia, Canada, India, Singapore and South Africa accounted for 70% of UK exports to Commonwealth countries and 65% of UK imports from the Commonwealth in 2015.
Promoting trade with the Commonwealth (209 KB , PDF)
This briefing looks at the Northern Ireland Protocol Bill. What it does, questions over whether it breaks international law, why the Government is introducing the Bill, and the reaction to it including from the EU and political parties in Northern Ireland.
International Inflation: Harmonised Index of Comsumer Prices data on international inflation rates.
This page provides information on the UK's trade agreement with Australia - the UK's first 'new' trade agreement since Brexit.
