International Trade Committee to question Ministers and Sovereign Wealth Funds on Foreign Direct Investment

• Watch the session on Parliament TV
• Inquiry: Inward Foreign Direct Investment
• International Trade Committee

Foreign Direct Investment plays an important role in the UK economy. In 2019, major stakes in UK businesses held by foreign investors were worth a total of £1.6 trillion.

Three panels of witnesses will be asked about topics including: the role Sovereign Wealth Funds play in UK inward investment; how the Office for Investment works with No. 10 to promote inward investment; and how the Government’s inward investment strategy is helping to achieve ‘levelling up’ across the UK.

Witnesses

Wednesday 16 June 2021

At 2pm:

• Nicolai Tangen, Chief Executive Officer, Norges Bank Investment Management
  
  
• Trond Grande, Deputy Chief Executive Officer, Norges Bank Investment Management

At 2.45pm: 

• Diego López, Managing Director, Global SWF
  
  
• Dr Tim Vlandas, Associate Professor of Comparative Social Policy, University of Oxford
  
  
• Duncan Bonfield, Chief Executive Officer, International Forum of Sovereign Wealth Funds

At 3.30pm:

• Lord Grimstone, Investment Minister, Department for International Trade / Department for Business, Energy and Industrial Strategy
  o Alongside Ceri Smith, Director General, Strategy and Investment, Department for International Trade and Daniel Gieve, Chief Operating Officer, Office for Investment
  
  
• Lord Callanan, Minister for Business, Energy and Corporate Responsibility, Department for Business, Energy and Industrial Strategy
  o Alongside Jacqui Ward, Director of National Security and International Directorate, Department for Business, Energy and Industrial Strategy

Further information

• About Parliament: Select committees
• Visiting Parliament: Watch committees

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