Context
Discussions on strengthening international trade links for Scotland.
Question
What recent discussions he has had with Cabinet colleagues on strengthening Scotland's international trade links. The UK Government have an extensive overseas network via its embassies, the British Council and so on. What steps is my hon. Friend taking to ensure that the UK Government work collaboratively with Scottish businesses, especially small and medium-sized enterprises, and the Scottish Government to maximise opportunities and utilise resources to best promote the Scottish brand and businesses overseas?
Answer from John Lamont
Scotland is, of course, already benefiting from the United Kingdom's independent trade policy. To date, we have signed 71 trade deals with non-EU countries and the European Union, which were worth £808 billion in 2021. We have further high-value deals in sight with the trans-Pacific region, India and the Gulf states. My priority is to ensure that Scotland's best interests continue to be represented in our ambitious programme of free trade agreement negotiations. Our response to the recent Scottish Affairs Committee inquiry into promoting Scotland internationally highlights the wide range of activities that the Scotland Office, the Foreign, Commonwealth and Development Office and the Department for International Trade are undertaking around the world to promote Scottish interests across diverse areas, including trade and investment. UK Export Finance has provided £2.1 billion to Scottish companies since 2016-17, supporting a range of businesses, including food processors, hydro research, manufacturing and renewable energy. Our approach to attracting foreign investment in Scotland is driven by the Office for Investment, which launched in 2020. The successes of the programme are clear, with 4,408 new jobs created by overseas investment.
Not addressed: The specific ask about steps taken to collaborate with Scottish businesses and utilise resources was not directly addressed with concrete actions or timelines.
How: We Are Committed To
Was this summary accurate? Tell us
How accurate was this summary? (1 = poor, 5 = spot on)