Commonwealth: Foreign Investment in UK

Department for International Trade written question – answered on 10th March 2017.

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Photo of Andrew Rosindell Andrew Rosindell Conservative, Romford

To ask the Secretary of State for International Trade, what steps he is taking to encourage investment from other Commonwealth countries.

Photo of Mark Garnier Mark Garnier Parliamentary Under-Secretary (Department for International Trade)

Through a network of Embassies, High Commissions, Consulate Generals and UK-based staff, the Department for International Trade develops tailor-made propositions about the advantages of investing in the UK to present to individual investors, including those from the Commonwealth.

This week my noble Friend the Minister of State for Trade Policy (Lord Price) co-chaired the inaugural Commonwealth Trade Ministers’ meeting, where opportunities for greater trade and investment within the Commonwealth were discussed. Furthermore, in 2018 the UK will host the Commonwealth Summit where we are aiming for an ambitious and innovative Summit that focuses on making the most of all the Commonwealth has to offer in the 21st Century.

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