Life Sciences: Overseas Trade

(asked on 30th March 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department is taking to increase trade opportunities for the life sciences sector.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 17th April 2023

Life Sciences is one of the UK’s top exporting sectors, with £28.1 billion goods exported in 2022. In line with the Export Strategy’s 12-point plan and Board of Trade report on Life Sciences, the department pursues an ambitious and strategic approach to promoting exports. This includes addressing market barriers, global defence of free trade, publishing targeted international sector-specific propositions and delivering focused export campaigns. The department also works closely with our overseas and UK networks and Trade Associations to help businesses identify and exploit export opportunities. These initiatives successfully showcase the UK's life science national strengths to international audiences.

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