Exports

Department for Business, Innovation and Skills written question – answered on 26th February 2016.

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Photo of Jamie Reed Jamie Reed Labour, Copeland

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the ability of the Government to reach the target set in 2012 of doubling exports to £1 trillion per annum by 2020.

Photo of Anna Soubry Anna Soubry The Minister of State, Department for Business, Innovation and Skills

Ministers have acknowledged that the £1 trillion target is a stretch; however, the Government has a clear strategy for increasing both the value of UK exports and the number of British exporters.

This is set out in the Government’s evidence to the BIS Select Committee inquiry into Exports and the Role of UK Trade & Investment. Progress in delivering against the target will be reported through the ONS.

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