International Trade Committee to question Ministers and Sovereign Wealth Funds on Foreign Direct Investment
14 June 2021
The International Trade Committee will continue their inquiry into Inward Foreign Direct Investment on Wednesday 16 June at 2.00pm.
- 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.
Wednesday 16 June 2021
- Nicolai Tangen, Chief Executive Officer, Norges Bank Investment Management
- Trond Grande, Deputy Chief Executive Officer, Norges Bank Investment Management
- 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
- 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