Asked by: Tracey Crouch (Conservative - Chatham and Aylesford)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what estimate he has made of the proportion of foreign direct investment into the UK which is accounted for by investment in sports.
Answered by Graham Stuart
Data for foreign direct investment in sports is not collected by the Government.
Asked by: Tracey Crouch (Conservative - Chatham and Aylesford)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, whether he has taken steps to ensure that overseas trade missions contain representation from sporting National Governing Bodies or sport more widely.
Answered by Graham Stuart
Sporting National Governing Bodies are invited to participate in trade missions where appropriate. The Department for International Trade runs trade missions promoting the sports economy and the business opportunities related to this sector. These missions are open to sports economy related companies and/or organisations looking to do business overseas, and DIT market these events and missions widely to relevant companies. DIT encourage federations and national governing bodies, as well as businesses, to participate in order to help us promote UK sporting excellence and expertise overseas.
Asked by: Tracey Crouch (Conservative - Chatham and Aylesford)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment he has made of the ability of sporting events to underpin his work in furthering the UK’s trading relationships.
Answered by Graham Stuart
The Department for International Trade, alongside other Government Departments, works to take full advantage of world class sporting events hosted in the UK. DIT run inward missions to showcase UK expertise and promote trade to visiting delegations. DIT ran an International Observer Programme during the 2017 World Athletics Championships which included delegations from several countries. In 2015 DIT hosted a Japanese delegation during the Rugby World Cup. DIT continue to plan similar missions to run alongside future sporting events, such as the Cricket World Cup later this year. DIT recognises the value of sporting events hosted overseas to further the UK’s trading relationships and has delivered activities such as British Houses and business delegations at major sporting events for this purpose. DIT are looking forward to making the most of opportunities offered around Rugby World Cup 2019 and Tokyo 2020 Olympic and Paralympic Games.
Asked by: Tracey Crouch (Conservative - Chatham and Aylesford)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, whether he has taken steps to ensure that trade missions associate with and run alongside UK sporting events.
Answered by Graham Stuart
The Department for International Trade, alongside other Government Departments, works to take full advantage of world class sporting events hosted in the UK. DIT run inward missions to showcase UK expertise and promote trade to visiting delegations. DIT ran an International Observer Programme during the 2017 World Athletics Championships which included delegations from several countries. In 2015 DIT hosted a Japanese delegation during the Rugby World Cup. DIT continue to plan similar missions to run alongside future sporting events, such as the Cricket World Cup later this year. DIT recognises the value of sporting events hosted overseas to further the UK’s trading relationships and has delivered activities such as British Houses and business delegations at major sporting events for this purpose. DIT are looking forward to making the most of opportunities offered around Rugby World Cup 2019 and Tokyo 2020 Olympic and Paralympic Games.