Oral Answers to Questions Debate
Full Debate: Read Full DebateHenry Smith
Main Page: Henry Smith (Conservative - Crawley)Department Debates - View all Henry Smith's debates with the Department for International Trade
(3 years, 7 months ago)
Commons ChamberI warmly welcome my hon. Friend to the parliamentary export programme and thank him for all he is doing for businesses in Fylde. In addition to the support I just outlined, I launched the export growth plan in October, with a £38 million internationalisation fund to provide grants for businesses to export. In December, I launched the UK Export Finance general export facility, providing working capital to exporting SMEs—the first product of its kind and available from all the major banks. In 2019, we were the only top 10 exporting country in the world to grow exports. All I can say is that we do not plan to let up.
We are determined that all regions of the United Kingdom should benefit from free trade agreements. Our English network of international trade advisers includes 30 giving export support in the south-east of England, all of whom have been trained to help companies take advantage of FTAs. We have a range of online resources, including country-by-country guides and tools on great.gov.uk such as “Find an online marketplace” and “Find export opportunities”, in addition to the wide range of webinars that the Department provides.
The Coast to Capital local enterprise partnership is soon to submit a freeport bid for the Manor Royal industrial area south of Gatwick airport. May I have an assurance from my hon. Friend that he will liaise with our right hon. Friend the Chancellor of the Exchequer in support of this excellent initiative?
I would not want to tread on my hon. Friend’s toes. As he understands, the selection process is ongoing and it will be decided by the Treasury, but obviously we are working very closely with the Chancellor and the Treasury team, precisely to ensure that the opportunities for freeports are assigned to the best possible places and that all the benefits that they can bring are realised, for the benefit of constituents such as my hon. Friend’s.