Having left the EU, the government is setting up for an independent UK state aid or ‘subsidy control’ regime, based on WTO rules. This briefing sets out the background of the new approach and the negotiations on state aid with the EU.
Documents to download
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UK-Israel trade (341 KB, PDF)
In 2016:
- The UK recorded an overall trade surplus with Israel of £0.6 billion, with a surplus of £0.1 billion in goods and a surplus of £0.5 billion in services.
- UK exports to Israel accounted for 0.4% of all UK exports; imports from Israel accounted for 0.3% of all UK imports.
- Israel was the UK’s 40th largest export market and 49th largest source of imports.
In February 2017, following a meeting between the Prime Minister and Prime Minister Netanyahu, it was announced that the UK and Israel had “agreed to establish a new UK-Israel Trade Working Group to continue the progress we have seen in our burgeoning trade and investment relationship, and to prepare the ground for a post-Brexit trade agreement.”[1]
[1] Prime Minister’s Office, PM meeting with Israeli Prime Minister Netanyahu, 6 February 2017
Documents to download
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UK-Israel trade (341 KB, PDF)
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