(11 years, 3 months ago)
Commons Chamber14. What steps he is taking to increase defence exports.
This Government are working tirelessly to support economic growth, and responsible defence exports make an important contribution to that. From the Prime Minister and Ministers across other Departments to service chiefs and Ministers in the Department—indeed, I was in Korea and Japan during the recess—all are engaged in supporting our allies in looking at acquiring top-quality British military equipment.
I thank the Minister for that answer. My constituency has a number of defence and aerospace contractors, so will he join me in welcoming the 62% growth achieved last year in defence exports and tell the House what support he has received from other Departments to ensure that that growth continues?
Of course I join my hon. Friend in welcoming the 62% increase in defence and security exports in 2012, which is up to £8.8 billion, and in a global market that grew by only 45%, so we are increasing our market share. As I indicated earlier, we have had support from other Government Departments. The Home Office, in relation to security, the Cabinet Office and No. 10, through the Prime Minister, are engaged. I point out to my hon. Friend and to the whole House that next week the defence and security international exhibition, which is expected to be the largest of its type in Europe this year, will take place in the O2 Centre here in London, showcasing to over 30,000 visitors and 100 foreign delegations the best of British on offer.
(11 years, 8 months ago)
Commons ChamberAs I have said at the Dispatch Box previously, we have a strong commitment to support SME penetration of our own procurement chain and to help them export overseas. Early next month, in support of the UK Trade & Investment Defence & Security Organisation, I am attending a symposium at which there will be more than 350 SMEs, precisely to help them with their defence exports.
20. I thank my hon. Friend for his earlier answer. Will he explain to those who do not necessarily understand the merit of defence exports the incredible benefit they deliver, not only for our armed forces but for the wider British economy?
Our armed forces benefit directly from responsible defence exports. Not only do they help build bilateral relationships and defence co-operation with our key allies, but they raise capability, enhance the interoperability of allies and partner nations, and contribute to regional security around the globe. As far as the contribution to the UK economy is concerned, defence exports have a vital role to play in sustaining UK jobs, generating UK tax revenues and helping to ensure the long-term viability and cutting edge of our defence industrial base.