Written question asked by Earl of Dundee (Conservative) on Wednesday, 21 December 2022, in the House of Lords. It was due for an answer on Monday, 9 January 2023. It was answered by Lord Johnson of Lainston (Conservative) on Thursday, 12 January 2023 on behalf of the Department for International Trade.
Overseas Investment: South America
- Question
-
To ask His Majesty's Government what plans they have to offer incentives to UK business and industry to pursue new opportunities in the economy of South America, including clean growth and infrastructure.
- Answer
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My department is working tirelessly to ensure that the demand for UK expertise in South America’s clean energy transition and infrastructure development is capitalised on.
Recently, the Government supported the development of regulatory frameworks for offshore wind projects in Brazil and Colombia; signed three government-to-government public infrastructure contracts worth £2.5 billion in Peru; and, through UK Export Finance, supported hospital construction and aerospace projects in Brazil and Guyana.
UK businesses working on these projects and more enjoy preferential access under the UK-Andean Countries Free Trade Agreement and UK-Chile Association Agreement, which also benefit those pursuing new opportunities.
Secondary information
- Type
- Written question
- Reference
- HL4484
- Session
- 2022-23
- Subjects
- Climate change Infrastructure Overseas investment South America
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2023-01-12 12:51:50 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2022-23/HL4484
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2022-23/HL4484
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2022-23/HL4484