Asked by: Hywel Williams (Plaid Cymru - Arfon)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, how many companies from (a) England, (b) Wales, (c) Scotland and (d) Northern Ireland have applied for export credit support for trade with (i) Argentina, (ii) Brazil and (iii) Peru in the latest period for which figures are available.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
Since April 2012, UK Export Finance (UKEF) has provided support to 25 businesses exporting to Argentina, Brazil and Peru. UKEF does not hold centrally figures for companies that have applied or enquired about its support. The numbers of companies that UKEF has supported by nation are provided in the table below.
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*One company’s headquarters are based in England but has major manufacturing centres in both England and Wales.
Asked by: Hywel Williams (Plaid Cymru - Arfon)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what recent assessment he has made of the potential effect on direct foreign trade investment from (a) Japan and (b) Korea when the UK leaves the EU.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
This Department, working with officials across government, continues to undertake a wide range of analysis covering the entirety of the UK economy and our relationship with the EU.
Asked by: Hywel Williams (Plaid Cymru - Arfon)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what recent assessment he has made of the potential effect on the Welsh automotive sector when the UK leaves the EU.
Answered by Mark Garnier
The Department for International Trade and the Department for Business, Energy and Industrial Strategy officials are working together to get the best possible deal for the UK automotive industry, including in Wales. The Government will continue its longstanding programme of support for the competitiveness of our automotive industry, including pursuing a bold and ambitious Free Trade Agreement with the EU that provides the greatest possible tariff-free and frictionless trade in goods and services.