Oral Answers to Questions

Greg Smith Excerpts

Wednesday 4th March 2020 Commons Chamber

[Dr Jamie Wallis (Bridgend) (Con)]

6. What steps her Department is taking to help increase the ease of doing business throughout the developing world.

[Greg Smith (Buckingham) (Con)]

12. What steps is her Department taking to promote the ease of doing business throughout the developing world.

[The Minister for Asia (Nigel Adams)]

The UK Government work in 35 low and middle-income countries to implement legal, regulatory and policy reforms to make it easy for business, including from the UK, to operate. Business-enabling environment reform was also discussed at the UK-Africa investment summit, which secured commercial deals between UK companies and African partners worth more than £6.5 billion.

--- Later in debate ---

[Nigel Adams]

Indeed. This is a great opportunity for constituencies across all the nations of the UK. Leaving the EU provides an opportunity to explore the best ways to develop our trade and investment relationships across Africa. [Interruption.] Does the hon. Member for Brighton, Kemptown (Lloyd Russell-Moyle) want to intervene? The trade connect programme, announced at the Africa investment summit, will support African businesses to increase their presence in international markets while supporting UK firms to source products. This will benefit UK customers with more choice and quality and lower prices.

[Greg Smith]

I welcome my hon. Friend’s comments on the success of the Africa investment summit. Can he update the House on how we can further strengthen our economic partnerships with African nations?

[Nigel Adams]

I certainly can. My hon. Friend raises an important point. We are working with African countries to promote mutual prosperity. This incorporates a range of initiatives to increase trade and investment, including a new growth gateway, which will enable businesses to access the UK Government’s trade, investment and finance offer for Africa all in one place.