Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to section 1.3 2. of the UK-US Atlantic Declaration, what discussions his Department has had with US counterparts on the coordination of UK and US outbound investment controls.

The United Kingdom and United States have a shared objective in preventing our companies’ capital and expertise from fuelling technological advances that will enhance the military and intelligence capabilities of countries of concern. The Department for Business and Trade continues to engage with the US Government on potential national security risks posed by Outward Direct Investment.