We Believe in Israel (WBII) welcomes the recent commitment expressed by Business Secretary Jonathan Reynolds to securing a comprehensive Free Trade Agreement (FTA) between the United Kingdom and Israel. This determination highlights the enduring strength of the UK-Israel relationship—a bond built not only on shared economic interests but also on mutual values and strategic alignment.
The significance of this partnership cannot be overstated. Bilateral trade between the UK and Israel has reached an impressive £6.4 billion as of the third quarter of 2023, with sectors such as technology, services, and innovation playing a pivotal role. The proposed FTA aims to deepen these ties, offering unprecedented opportunities for collaboration in areas like digital trade and professional services. For the UK, as the world’s second-largest exporter of services, this agreement represents a critical step in fostering growth and securing a competitive edge in global markets.
Mr. Reynolds’ comments come at a moment of heightened tension in the region, with the conflict in Gaza and its aftermath presenting significant geopolitical challenges. However, his pragmatic approach to addressing specific issues, such as arms export licensing, while continuing to champion the broader economic relationship with Israel, demonstrates a level-headed and principled stance. The UK’s ability to uphold its values while advancing its national interests is precisely what strengthens its global reputation.
The Jewish community in Britain, praised by Mr. Reynolds for its “outstanding” and “outward-looking” contributions, has long been a cornerstone of this partnership. Their influence extends well beyond commerce, embodying the very best of what it means to integrate, innovate, and contribute to society. That this government recognises and values their contributions speaks volumes about its commitment to fostering a harmonious and dynamic relationship with Jewish communities and Israel alike.
The benefits of a strengthened UK-Israel trade agreement are manifold. Economically, it will unlock new opportunities for growth and innovation. Strategically, it reinforces a critical alliance in an increasingly volatile region. And diplomatically, it reaffirms the UK’s position as a nation that values its friends and acts with consistency in its international dealings.
WBII urges the UK government to expedite these negotiations and bring this important agreement to fruition. As we look to the future, it is essential that Britain continues to stand firmly alongside Israel, not only as a trading partner but as an ally in the defence of shared principles and freedoms. In doing so, we ensure that the bond between our nations remains as strong and unshakeable as ever.
This agreement is more than a trade deal—it is a testament to the enduring friendship and mutual respect between the United Kingdom and Israel. WBII will continue to advocate for this partnership, confident in the knowledge that it represents the very best of what can be achieved when nations come together with purpose and resolve.
