Trade Promotion: Africa

(asked on 14th April 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department is taking to increase trade with growing economies in Africa.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 24th April 2023

My department has a team of experts across Africa supporting British businesses to thrive and increasing trade and investment. We are using our 9 trade agreements covering 18 African nations to grow trade. These provide preferential access to UK markets for African goods and frameworks for cooperation. The Developing Countries Trading Scheme will lower tariffs to support an additional 33 African countries to increase exports. We are also working bilaterally to deepen relationships with growing African economies. In 2024, the Prime Minister will host the second UK-African Investment Summit to showcase investment opportunities and advance two-way trade.

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