Business, Innovation and Skills written question – answered at on 28 November 2012.
To ask the Secretary of State for Business, Innovation and Skills how many small and medium-sized enterprises his Department supports through assisting them in exporting British products to the middle east and north Africa.
UK Trade & Investment (UKTI) provides a diverse range of services to exporters, many of which are well tailored for small and medium-sized enterprises (SMEs), including in the middle east and north Africa.
As I said in my reply on
UK Export Finance (formally the Export Credits Guarantee Department) provides assistance to exporters of all sizes, principally in the form of insurance policies and guarantees to banks that lend to buyers who purchase supplies from UK exporters.
It has introduced a range of new products, targeted especially at SMEs, including a Bond Support Scheme and Export Working Capital Scheme to assist exporters obtain access to finance, and revamped its existing export insurance policy in order to support a wider range of exporters who are unable to acquire help from the private sector credit insurance market.
Yes2 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.