In a fast moving world the UK needs to be in a position to meet the challenges of globalisation. UK Trade and Investment is addressing this issue by helping British business to respond better to rapid, turbulent economic and social change. It is developing a new programme of support for companies trading internationally in emerging markets such as India and China as well as an increased focus on helping knowledge-intensive and innovative businesses.
UK Trade and Investment has been developing a new five-year strategy outlining how in the future it will undertake this vital role. The proposed launch date for the strategy is 20 July and I will keep the House informed.