Foreign Investment in UK

Business, Innovation and Skills written question – answered on 9th July 2014.

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Photo of Andrew Rosindell Andrew Rosindell Conservative, Romford

To ask the Secretary of State for Business, Innovation and Skills what steps he is taking to encourage foreign direct investment from member states of the Commonwealth.

Photo of Michael Fallon Michael Fallon The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change, Minister of State for Portsmouth

UK Trade & Investment (UKTI) has operations in 39 Commonwealth countries.

During the Commonwealth Games in Glasgow, UKTI, the Scottish Government, Scottish Enterprise and the Commonwealth Business Council are delivering a business conference for 200 Commonwealth business leaders.

The UK Government is also organising a British Business House during the Games, which will highlight to Commonwealth businesses the benefits of investing in the UK.

Regular ministerial visits and trade missions to Commonwealth countries are used to promote the UK’s competitive business environment and opportunities in the UK for foreign direct investment.

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