Prosperity Fund
(asked on 16th January 2019) - View Source
Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, for what reasons money is supplied to (a) the USA, (b) Japan and (c) other highly developed nations through the Prosperity Fund.
This question was answered on 24th January 2019
The Prosperity Fund has a non-aid component to help communicate and generate opportunities for UK businesses in both developed and emerging markets. Activities supported include business roadshows and inward investment visits. Examples of this are a showcase event in Brazil that helped UK energy companies secure contracts worth over £50million, and promotional activities in the USA that contributed to a £56million export win.