Support for exports and investment inquiry launched
15 February 2017
The International Trade Committee is launching an inquiry into support for exports and investment, following on from the Business, Innovation and Skills Committee's 2016 inquiry into Exports and the role of UKTI.
On launching the inquiry, Committee Chair Angus MacNeil MP commented:
"This is a time of great uncertainty for UK exporters of all sizes. It is vital that they get the right support.
Before the Department for International Trade was created, our colleagues on what was then the Business, Innovation and Skills Committee did some excellent work scrutinising the role of UKTI.
UKTI has now been absorbed into the Department for International Trade, so we want to find out how these new arrangements have affected its performance.
In its inquiry, BIS heard evidence of significant flaws in UKTI's previous operating model. We will be examining the Department's progress in addressing the concerns raised in that inquiry."
Terms of reference
Interested organisations or individuals are invited to submit written evidence to the Committee.
The Committee is particularly interested in the following:
- What progress have International Trade and Investment (ITI, formerly UKTI) and UK Export Finance (UKEF) made on their performance since the Business, Innovation and Skills Committee finished work on its inquiry in 2016?
- How has the absorption of UKTI into the new Department for International Trade affected its performance?
- Are the Department for International Trade's export and investment services fit for purpose and sufficiently resourced?
- In the light of the Secretary of State's admission that £1 trillion export target will not be met, are the Department's export and investment targets transparent, appropriate and achievable? How should the performance of ITI and UKEF be measures?
- What standard of advice do ITI and its International Trade Advisers provide?
- What standard of support does UK Export Finance provide to companies seeking to export?
The deadline for written submissions is midday on Tuesday 28 March 2017.
Written evidence should be submitted via the inquiry page and should:
- Have a one page summary at the front
- Be no longer than 3000 words in length