Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential for the UK/EU–Ukraine Defence Innovation Corridor to generate inward investment and export contracts for UK companies.

The Government recognises the strong potential for UK–Ukraine defence and technology partnerships to generate inward investment and export opportunities for UK companies, reflected in a range of recent announcements including UFORCE, a UK‑based defence technology company founded by Ukrainians which has raised $50 million in seed funding. The UK is also supporting companies to access opportunities through measures such as a new defence business centre in Kyiv, UK Export Finance cover, and the UK–Ukraine TechBridge.