Question to the Department for International Trade:

To ask Her Majesty’s Government how much they are spending per annum on the promotion of UK exports from 2016–17 until the end of this Parliament in 2020–21.

The Department for International Trade is made up of UK Export Finance (UKEF), International Trade and Investment (ITI), Trade Policy Group (TPG) and the GREAT campaign.

UKEF is the UK’s Export Credits Guarantee Department and TPG is the trade policy and negotiating capacity. ITI focusses on increasing the value and volume of trade overseas, increasing Foreign Direct Investment into the UK, encouraging UK exporters to export and the promotion of British good and services overseas.

The budget for ITI for 16/17 is £244,294,883. The budget for subsequent years will be published in due course.