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Written question asked by Mark Menzies (Independent (affiliation)) on Tuesday, 7 May 2024, in the House of Commons. It was due for an answer on Thursday, 9 May 2024. It was answered by Greg Hands (Conservative) on Wednesday, 15 May 2024 on behalf of the Department for Business and Trade.


Nuclear Power: Exports

Question

To ask the Secretary of State for Business and Trade, what steps she is taking to support the UK nuclear industry to increase exports.

Answer

The UK has extensive expertise across the nuclear life cycle, from new build, fuel to decommissioning and waste management.

The Department recognises the export potential offered by a growing global market and is working closely with other government departments, our overseas network, and industry to offer a full range of support for UK civil nuclear exports across markets including Japan, France, Central Europe and Ukraine.

This includes UK Export Finance, who can consider a range of options to support overseas sales, including loan guarantees for foreign buyers, working capital, insurance, and bond support products to assist UK suppliers.


Secondary information

Type
Written question
Reference
24891
Session
2023-24
Subjects
Exports Nuclear power
Link
View this Written question on www.parliament.uk