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registered interest false more like this
date less than 2016-10-25more like thismore than 2016-10-25
answering body
Department for International Trade more like this
answering dept id 202 remove filter
answering dept short name International Trade more like this
answering dept sort name International Trade more like this
hansard heading Trade Promotion remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Trade, what steps his Department is taking to increase demand for British services and manufactured goods in non-EU unsaturated markets abroad. more like this
tabling member constituency Ribble Valley more like this
tabling member printed
Mr Nigel Evans more like this
uin 50217 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-28more like thismore than 2016-10-28
answer text <p>Firstly, the Department for International Trade is focusing resources in those markets and sectors (not just countries) that can add the most value, based on our forecasting. We have identified a number of these markets; three quarters of which are outside of the EU. These delivery plans provide export promotion support in high priority areas, and will focus Government efforts to encourage foreign buyers to buy British. They range from pursuing rail opportunities in Southern Africa to healthcare in China; from food &amp; drink in Australia to airports in Mexico.</p><p> </p><p>Secondly, our department has inherited the GREAT Britain campaign, which showcases the best of what the UK has to offer to inspire the world and encourage people to visit, do business, invest and study in the UK. This campaign unites the efforts of the public and private sector to help generate jobs and growth for Britain. The campaign has already secured confirmed economic returns of £1.9bn for the UK. It can now be seen in 144 countries worldwide and nearly 300 cities.</p><p> </p><p> </p><p>The programme is designed to enable UK small and medium-sized enterprises (SMEs) to take advantage of the global appetite for UK products, skills and expertise in markets around the world.</p><p> </p><p>Thirdly, in order to help promote economic growth in developing countries the government has created a new cross-Whitehall Prosperity Fund worth £1.3 billion over the next 5 years. Its priorities include improving the business climate, competitiveness and operation of markets, energy and financial sector reform, and increasing the ability of governments to tackle corruption. These reforms will drive sustainable development in developing countries, and create opportunities for UK companies.</p><p> </p><p>Fourthly, UK Export Finance provides a diverse range of products to ensure that no viable UK export fails for want of finance or insurance from the private sector. They have provided a total of £15bn of support over the last 5 years. These products ensure that finance is not an obstacle to British businesses being awarded contracts in markets across the world.</p>
answering member constituency Wyre Forest more like this
answering member printed Mark Garnier more like this
question first answered
less than 2016-10-28T13:55:35.54Zmore like thismore than 2016-10-28T13:55:35.54Z
answering member
4074
label Biography information for Mark Garnier more like this
tabling member
474
label Biography information for Mr Nigel Evans more like this