Trade Agreements: Albania
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to improve trading relations with Albania.
Answered by Mr Douglas Alexander
Total trade in goods and services between the UK and Albania was worth £358 million in 2024, an increase of 11% or £35 million in current prices from 2023.
DBT actively works to resolve barriers to trade affecting companies exporting to Albania, and our trade relationship is underpinned by the Partnership, Trade and Cooperation Agreement (PTCA), signed in 2021. This agreement offers generous trade preferences and places a strong emphasis on cooperation across key trade themes that are common to major trade agreements. We look forward to convening the next PTCA Joint Committee in the near future.
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