UK Company Participation

Trade and Industry written statement – made at on 8 November 2004.

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Photo of Douglas Alexander Douglas Alexander Minister of State (Foreign and Commonwealth Office) (Trade) (also Department of Trade and Industry), Minister of State (Department of Trade and Industry) (Trade) (also Foreign and Commonwealth Office)

Details of UK Trade and Investment's £16 million programme of support for UK company participation in supported groups at overseas exhibitions, seminars and sector focused outward missions will be placed in the Library of the House. Accredited trade organisations that bid for support to arrange groups are being informed.

These overseas exhibitions, seminars and sector focused outward missions continue to be an important component of trade development work worldwide. UK Trade and Investment recognises that accredited trade organisations need the flexibility to react to changing international events and opportunities. The operation of the programme during the 2005–06 financial year will continue to provide this flexibility, within the constraints imposed by the overall budget provision, and the need for prudent budget management and efficient administration.