Asked by: Callum McCaig (Scottish National Party - Aberdeen South)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what steps he is taking to encourage oil and gas supply chain exports to Angola.
Answered by Greg Hands
The Department for International Trade (DIT) supports the oil and gas supply chain through various mechanisms.
UK Export Finance (UKEF), the UK’s export credit agency (ECA), is strategically and operationally aligned with DIT and offers competitive finance and insurance packages to support UK-based companies of all sizes and across all sectors. In 2015/16 UKEF provided £586 million of support for exports in the energy industry.
DIT currently operates ‘High Value Campaigns’ (HVC’s) in Azerbaijan, Brazil, East Africa (Mozambique, Tanzania, and Uganda), India, Iraq, Kazakhstan, Mexico, Nigeria, Norway, Oman and Saudi Arabia.
The programme is reviewed on a regular basis. An assessment of a HVC for Iran is being considered as part of the business planning process for 2017/18. For markets not covered by HVCs, DIT staff offer help to UK companies on a case by case basis.
Asked by: Callum McCaig (Scottish National Party - Aberdeen South)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what the level of (a) imports and (b) exports between the UK and Norway by sector was in each of the last five years.
Answered by Mark Garnier - Shadow Parliamentary Under Secretary (Work and Pensions)
Data on UK trade in goods with Norway in each of the last five years are only available by product, not sector. These figures are given in the attached table, sourced from Her Majesty Revenue and Customs’ Overseas Trade Statistics database.
Data on UK trade in services with Norway by sector are not available.