Asked by: Anthony Mangnall (Conservative - Totnes)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what steps she is taking to strengthen investment ties between the UK and the Indo-Pacific region.
Answered by Graham Stuart
Strengthening investment ties forms a strategic pillar of the Government’s strategy towards the Indo-Pacific region and will build upon the existing c. £180bn of UK investment in the region, and c. £151bn of Indo-Pacific investment in the UK, both of which deliver jobs and opportunity across the United Kingdom.
Alongside the existing network of dedicated investment support officers, the new Office for Investment provides an improved level of service for the most impactful and complex inward investments from the region. In addition, the UK’s ambitious Free Trade and Market Access activities in the region will foster a more favourable bilateral investment environment.