Oral Answers to Questions

Chris Davies Excerpts

Wednesday 28th February 2018 Commons Chamber

[Mr Speaker]

Order. Mr Clark, you are getting over-excited. I was calling Chris Davies, the hon. Gentleman behind you.

[Chris Davies (Brecon and Radnorshire) (Con)]

Q4. May I start by wishing you, Mr Speaker, the Prime Minister and the whole House a very happy St David’s day for tomorrow? I thank my right hon. Friend the Prime Minister for taking representatives of Riversimple, a leader in the field of hydrogen-powered automotives that is based in Brecon and Radnorshire, on her recent successful trade visit to China. What are the Government planning to do to help regional small and medium-sized enterprises to make the most of potential trade opportunities with emerging markets once we leave the EU?

[The Prime Minister]

I was very happy to take a large business delegation with me on the trip to China, including representatives of Riversimple. It was a very good trip and very positive in terms of the connections and the deals that were agreed as a result of it. I can assure my hon. Friend that the Department for International Trade is working hard to support SMEs across the UK and to help connect exporters with buyers around the world. Of course, companies in the UK can access our overseas network and our programme of international events.

I commend the work of colleagues around the House who are trade envoys, including my hon. Friend the Member for Gloucester (Richard Graham), who is our trade envoy for China and who also accompanied me on that trip. I am pleased to say that last year, UK Export Finance provided £3 billion in support, helping 221 UK companies selling to 63 countries, and 79% of those companies were SMEs.