Question to the Department for International Trade:

To ask the Secretary of State for International Trade, whether her Department plans to publish an assessment of the impact on the UK economy of the memorandum of understanding on cooperation and trade relations between Indiana and the United Kingdom.

This Memorandum of Understanding (MoU) seeks to bolster an already strong trading relationship, with £1.0bn of UK goods being imported into the state of Indiana in 2021. It lays the foundation for closer cooperation on government procurement and priority sectors including energy and infrastructure.

The MoU has provided a framework for increased engagement on economic development, trade promotion and academic collaboration. The UK held the first MoU working group with Indiana in December 2022, focused on delivering opportunities in energy transition, sustainability, and government procurement. The Government published an update following the meeting and will continue to monitor MoU activities and outcomes.