Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent discussions she has had with the Turks and Caicos government on investor confidence in the territory.

I met Premier Misick of the Turks and Caicos Islands at the recent Joint Ministerial Council (JMC). Total trade between the UK and the Overseas Territories is worth around £17 billion annually, supported by tariff-free access to the UK for Overseas Territory exporters. The JMC included sessions with British Expertise International, UK Export Finance and a business engagement and networking event with UK companies. Supporting economic growth and diversification is a key UK Government priority.

Business licensing is a devolved matter for the Government of the Turks and Caicos Islands.