Overseas Trade: Qatar

Department for International Trade written question – answered on 25th April 2017.

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Photo of Craig Whittaker Craig Whittaker Conservative, Calder Valley

To ask the Secretary of State for International Trade, what steps his Department is taking to improve bilateral trade with Qatar.

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

UK and Qatar share a strong and growing trade and investment relationship. In 2015 UK exports to Qatar totalled £2.6 billion, with Qatar exports to UK at £2.7 billion. The United Kingdom is Qatar’s number 1 destination for foreign direct investment.

My Rt. Hon Friend the Secretary of State for International Trade hosted a Qatar-UK Business and Investment Forum in London and Birmingham on 27 and 28 March. Qatar committed to investing £5 billion across the English regions, Scotland, Wales and Northern Ireland, over the next 3 years. The UK also committed, via UK Export Finance, to increase the amount of export finance available to support trade with Qatar to £4.5 billion.

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