Oral Answers to Questions Debate
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Martin Vickers
Main Page: Martin Vickers (Conservative - Brigg and Immingham)Department Debates - View all Martin Vickers's debates with the Department for International Trade
(4 years, 9 months ago)
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Graham Stuart
All investments by the prosperity fund are examined against the raft of UK Government policies, objectives and aims, and we do that in all cases in each continent of the world.
Martin Vickers (Cleethorpes) (Con)
As the Minister is aware, the Grimsby and Cleethorpes constituencies are major centres for the renewables sector. Many of the smaller businesses are vital parts of the supply chain, and they would like to get more involved in exports. Will the Minister agree to meet me and a delegation from the local industry to explore the possibilities?
Graham Stuart
I am grateful to my hon. Friend. He will be aware that the offshore wind sector deal, published in March 2019, sets an ambition of increasing exports fivefold to £2.6 billion by 2030. He and I, in our respective constituencies, have seen the transformation of the economics of offshore wind. We are now seeing UK Export Finance, for instance, financing major investments in Taiwan and other parts of the world, with UK exports and UK expertise, not least from my hon. Friend’s constituency, at the heart of that. I would be delighted to meet him.