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star this property registered interest false more like this
star this property date less than 2019-06-24more like thismore than 2019-06-24
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Belt and Road Initiative: China more like this
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for International Trade, with reference to the Chartered Institute of Building's report entitled from China Road to Silicon Road, published May 2019, and its finding that China’s Belt and Road Initiative could deliver a $178 billion boost to UK GDP, what assessment he has made of the potential merits for the UK of formally joining the Belt and Road Initiative. more like this
star this property tabling member constituency Walsall North more like this
star this property tabling member printed
Eddie Hughes more like this
star this property uin 268527 remove filter
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-07-01more like thismore than 2019-07-01
star this property answer text <p>The UK’s engagement with China on the Belt and Road Initiative (BRI) is focused on practical cooperation on infrastructure projects, including pragmatic steps and collaboration to help ensure that projects are delivered in line with the highest economic, environmental, social and financial standards in order to deliver sustainable development outcomes and opportunities for UK and international businesses.</p><p> </p><p>UK firms have a global reputation for ensuring long-term efficiency and sustainability are built into infrastructure projects, making them natural partners for Chinese firms’ extensive project delivery capacity.</p><p> </p><p>The UK has no plans formally to join the BRI. But the UK is keen to work closely with China to deliver practical cooperation on the potential opportunities from the BRI.</p><p> </p><p>At the 10<sup>th</sup> UK-China Economic and Financial Dialogue in June, I, as the Minister for Investment at the Department for International Trade (DIT), signed a Departmental Memorandum of Understanding with China’s National Development and Reform Commission on Infrastructure Cooperation in Third Countries. It is a technical agreement that focuses on facilitating collaboration between UK and Chinese firms on projects overseas. Such infrastructure projects offer potential for UK companies across a number of sectors, including the construction sector, and the UK Government will provide support to UK companies as appropriate.</p>
star this property answering member constituency Beverley and Holderness more like this
star this property answering member printed Graham Stuart more like this
star this property grouped question UIN
268528 more like this
268529 more like this
star this property question first answered
less than 2019-07-01T10:28:16.71Zmore like thismore than 2019-07-01T10:28:16.71Z
star this property answering member
1482
star this property label Biography information for Graham Stuart more like this
star this property tabling member
4635
unstar this property label Biography information for Eddie Hughes remove filter