Overseas Trade: Montenegro

Department for International Trade written question – answered on 4th July 2019.

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Photo of Andrew Rosindell Andrew Rosindell Conservative, Romford

To ask the Secretary of State for International Trade, what steps he has taken to enhance UK trade with Montenegro after the UK leaves the EU.

Photo of Graham Stuart Graham Stuart Parliamentary Under-Secretary (Department for International Trade)

The whole Europe region remains a strategic priority for UK trade. Total trade in goods and services between the UK and Montenegro was £67m in 2018.

In August 2018, the Secretary of State launched the Export Strategy, the government’s plan to increase UK total exports as a proportion of GDP to 35% and make Britain a 21st century exporting superpower. The Export Strategy will encourage and inspire more businesses to export; inform businesses by providing practical assistance on exporting; connect UK businesses to overseas buyers and opportunities; and help provide finance through UKEF to enhance the HMG offer to UK exporters. Through this strategy we will also continue to promote the UK as a bilateral trading partner, reassuring Montenegro businesses that the UK remains open for business and remains an advocate for free trade and open markets.

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