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<p>The Department for Business and Trade (DBT) is responsible for the promotion and
facilitation for foreign direct investment (FDI). DSIT works closely with DBT to promote
global collaboration and investment opportunities in R&D.</p><p> </p><p>FDI is
a key source of R&D funding, accounting for 14% of UK R&D investment. Our
collaborative approach resulted in the successful 2023 Global Investment Summit, securing
over £29 billion, including investments in AI, life sciences and quantum.</p>
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