UK Trade and Investment Debate
Full Debate: Read Full DebateChris White
Main Page: Chris White (Conservative - Warwick and Leamington)Department Debates - View all Chris White's debates with the Foreign, Commonwealth & Development Office
(11 years, 11 months ago)
Commons ChamberIs my hon. Friend aware that the video games industry added £1.4 billion to exports in 2010? Would he support UKTI giving appropriate resource to the creative industries?
I concur with my hon. Friend. We should support overseas all the industries that we are good at.
UK export finance is available, but many of the small and medium-sized companies I speak to in my constituency of Shrewsbury are not aware of the export finance support they can get from UKTI.
I asked a very good friend of mine who works in the private sector what he would do if he were promoting business in a country such as the United Arab Emirates, where 130,000 British citizens reside. He said he would put just four people in an office in the UAE and give them the sole task of constantly updating a database of all the public and private sector procurement opportunities in the country. The database would have to be updated daily and constantly reviewed to include not just the large, multi-million pound opportunities, but smaller ones.
The database could be relayed daily to the regional directors of UKTI in the UK. I recently met Paul Noon, the UKTI regional director for the west midlands. The regional directors should in turn create databases of all the companies in their regions, so they understand every company in, for example, the west midlands, and what they can do. Like a telephone switchboard operator, they could then marry up each company in the west midlands to each opportunity identified in the UAE. I know from the discussions I have had with Shrewsbury businesses that they are simply not being told of the opportunities that exist in the UAE. That is just one case in point.