Overseas Trade: India and China

Business, Innovation and Skills written question – answered on 12th November 2010.

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Photo of Alok Sharma Alok Sharma Conservative, Reading West

To ask the Secretary of State for Business, Innovation and Skills what steps he is taking to support access for UK technology companies to new markets in (a) India and (b) China; and if he will make a statement.

Photo of Mark Prisk Mark Prisk The Minister of State, Department for Business, Innovation and Skills

The coalition Government have committed to enhanced partnerships with emerging powers, including India and China, with trade and investment at the centre of our prosperity and growth. This includes maximising our comparative advantages, including for world-class UK technology companies.

We have ongoing Government to Government dialogue with India and China through the respective Joint Economic Trade Committee and Commission. By this process, we are seeking greater access for UK companies, including SMEs. In addition, we continue to provide advice, support and expertise through UK Trade and Investment to help our firms access these markets.

Specifically for the technology sector, UKTI has been running campaigns in China and India to enable UK technology companies to access supply chain opportunities with large overseas customers.

The Prime Minister has also launched the global Technology Taskforce which, with £15 million of funding, will recruit the very best technology companies and talent to Britain and help entrepreneurial and innovative start-ups in the UK to internationalise.

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