Cricket World Cup

Trade and Industry written question – answered on 1st March 2006.

Alert me about debates like this

Photo of Norman Lamb Norman Lamb Shadow Secretary of State (Trade and Industry), Liberal Democrat Spokesperson (Trade and Industry)

To ask the Secretary of State for Trade and Industry what UK Trade and Investment's budget is for the proposed market visit to the Caribbean in 2006 to allow small and medium-sized businesses to pursue opportunities created by the forthcoming Cricket World Cup in 2007; and what proportion of the budget is for direct financial aid to businesses that may wish to take advantage of the scheme.

Photo of Ian Pearson Ian Pearson Minister of State (Trade), Foreign & Commonwealth Office, Minister of State (Trade), Department of Trade and Industry

Under UK Trade and Investment's Market Visit Support scheme, there are no market visits planned to the Caribbean for the remainder of the financial year 2005–06. For the financial year 2006–07 commencing 1 April, UKTI's regional teams are developing their plans for market visits in line with their trade development responsibilities. At present one market visit to the Caribbean is under consideration where a budget of £6,500 has been proposed to support around 10 small and medium enterprises.

In addition, Coventry and Warwickshire Chamber of Commerce, as part of the West Midlands EU funded ERDF project, is taking a group of companies to Barbados, St. Lucia and Jamaica from 17–24 April 2006, as part of a structured export development programme, to investigate specific export opportunities, some of which are linked to the Cricket World Cup. The entire EU funding available will go direct to small and medium sized enterprises in the West Midlands objective 2 area. UKTIs involvement is to provide International Trade Advisers to support the companies in their preparation and to help them follow up any opportunities identified.

Does this answer the above question?

Yes2 people think so

No1 person thinks not

Would you like to ask a question like this yourself? Use our Freedom of Information site.