Trade: North West

(asked on 10th June 2021) - View Source

Question to the Department for International Trade:

What assessment she has made of the potential benefits of international trade for the North West.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 10th June 2021

Burnley and the wider North West economy already benefit from the higher productivity and better-quality jobs associated with international trade. According to new experimental research, 630,000 jobs in the region were estimated to be linked to exports in 2016, and Foreign Direct Investment projects created over 5,000 new jobs in 2019-20.We are confident the new Free Trade Agreements we are striking around the world will create even more opportunities for Burnley companies and that this increased trade will help level up the UK economy further.

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