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To ask Her Majesty’s Government, further to the Written Answer by Lord Price on 8 November (HL2954), in what respect the terms of UK membership of the World Trade Organisation will need updating.
To ask Her Majesty’s Government, further to the Written Answer by Lord Price on 8 November (HL2954), in what respect the terms of UK membership of the World Trade Organisation will need updating.
The UK is a founding member of the World Trade Organisation. As an EU Member State, the UK’s obligations in the World Trade Organization are shared with the European Union, and specific commitments are set out in EU schedules. As we leave the EU, we will need to establish specific UK schedules of commitments.
To ask Her Majesty’s Government when they last held discussions with the World Trade Organisation's Director General; and when they next expect to meet him.
To ask Her Majesty’s Government when they last held discussions with the World Trade Organisation's Director General; and when they next expect to meet him.
My Rt hon Friend the Secretary of State for International Trade last met with the World Trade Organisation Director General on the 27th September 2016, and expects to meet him shortly.
To ask Her Majesty’s Government what assessment they have made of the future relationship between the UK and the World Trade Organisation following the UK's withdrawal from the EU.
To ask Her Majesty’s Government what assessment they have made of the future relationship between the UK and the World Trade Organisation following the UK's withdrawal from the EU.
The UK is a founding Member of the World Trade Organisation in its own right. We will update the terms of our membership as necessary and will work closely with other members to minimise disruption to our trading relationships.
To ask Her Majesty’s Government what assessment they have made of the opportunities for inward investment to the Ukraine by UK companies.
To ask Her Majesty’s Government what assessment they have made of the opportunities for inward investment to the Ukraine by UK companies.
There are a number of areas of potential interest for UK investors in Ukraine, including Agriculture, Energy and Infrastructure.
Ukraine has recently been moving up the World Bank Doing Business survey (now 83, up 5 places from 2015) but it continues to lag on the Corruption perception index (142 out of 175 countries ranked).
Ukraine’s Government is keen to attract foreign investors and is taking steps towards improving the business climate and the UK Government is providing assistance e.g. with the recent establishment of an Anti-corruption Bureau and Business Ombudsman which has been positively received by business leaders. But more still needs to be done.
To ask Her Majesty’s Government what is their assessment of the implications for inward investment in Turkey by UK companies and financial institutions of the attempted coup of 15 July.
To ask Her Majesty’s Government what is their assessment of the implications for inward investment in Turkey by UK companies and financial institutions of the attempted coup of 15 July.
The attempted coup of 15 July came as a surprise to everyone including UK investors in Turkey. The democratically elected government remains in power. Its policies, relating to international investors, remain the same or have been improved, with the aim of encouraging more foreign direct investment. UK investors were quick to confirm their intention to maintain or enhance their investments. We have consulted widely with the UK investor community, their message is clear; they are in Turkey for the long term and do not believe the events of 15 July have altered the economic fundamentals or the business case for continuing to invest in the market.
To ask Her Majesty’s Government, further to the Written Answer by Baroness Anelay of St Johns on 21 April (HL7530), what is their assessment of the state of trade relations between the UK and Poland.
To ask Her Majesty’s Government, further to the Written Answer by Baroness Anelay of St Johns on 21 April (HL7530), what is their assessment of the state of trade relations between the UK and Poland.
The UK-Poland trade relationship is strong and is set to get stronger. In 2014, the value of UK exports to Poland amounted to £3.84billion and UK imports from Poland £7.84 billion.
The Governmentâs focus on trade and investment with Poland is on 6 strategic sectors which we believe offer most opportunity for UK exporters. These are defence and security, energy, infrastructure, financial services, healthcare & life sciences and advanced manufacturing.
Our Embassy in Warsaw works in close collaboration with a recently established Overseas Business Network (OBN) partner to identify business opportunities for British firms and then to help them make the most of them. In 2015-2016, they were directly involved in winning contracts worth almost £450 million.
To ask Her Majesty’s Government what is their assessment of the trade and other economic links between the UK and Djibouti.
To ask Her Majesty’s Government what is their assessment of the trade and other economic links between the UK and Djibouti.
HMRC Overseas Trade Statistics report the value of UK trade in goods with Djibouti. In 2015 the UK exported £11.9 million of goods to Djibouti, in the same year the UK imported £1.4 million of goods from Djibouti.
Data on the value of trade in services and other types of economic transaction between the UK and Djibouti is not available.