The UK and Albania will do more together to tackle organised crime and stop it spreading throughout Europe, including to the UK, following a new Partnership, Trade and Cooperation Agreement between our countries.
The Agreement signed today (5 February) sets out the UK and Albania’s ambitions for our future relationship including the strengthening of political, economic, security and cultural ties. As well as deepening our shared work against organised crime, the Agreement will allow for more cooperation on good governance and political cooperation – improving the security of the Western Balkans to make both Albania and the UK safer.
By signing the Agreement, the UK has reaffirmed its commitment to a close relationship with Albania and to playing a continued positive role in the Western Balkans.
The Agreement will also allow the UK and Albania to build on their trading relationship going forward. The preferential trading terms it secures will enable British business to trade as they did before 1 January 2021. Total trade in goods and services between the UK and Albania was worth £158m in 2019. The Agreement also paves the way for increased trade and investment in the future.
FCDO Minister for the European Neighbourhood and the Americas Wendy Morton said:
Minister for International Trade, Ranil Jayawardena MP, said:
Her Majesty’s Ambassador to Albania, Duncan Norman added:
- The UK has now agreed trade deals with 64 countries plus the EU, that account for £889bn of UK bilateral trade.