Over the course of its inquiry, the committee will investigate the key barriers preventing businesses from exporting, how these can be addressed, and whether the government could provide additional support.
It will also look at how the government’s support for exporters compares with other countries and explore whether free trade agreements provide new opportunities, how businesses can access them, and whether extra support or guidance is needed, UK’s parliament said in a press release.
The MPs will analyse the effectiveness of the government’s initiatives for supporting exporters, including the ‘GREAT’ campaign, Export Academy, and Clean Growth Export Programme. They will consider the work of the government’s international trade advisers, UK Export Finance, and teams based in UK embassies abroad.
The committee will also examine the extent to which the UK’s pavilions at world expos help to provide export opportunities.
After accepting written evidence, the committee is expected to hold oral evidence sessions on the topic, before producing a report.
Angus Brendan MacNeil, MP, chair of the International Trade Committee, said: “Businesses up and down the UK are desperate to sell their wares overseas, but many report overly bureaucratic processes at a time when even the slightest increase in costs or delays can cause serious difficulties.
“That’s why we’re launching an investigation into the current situation for exporters, the support offered by the government, how easily exporters can access it, and whether the UK can learn anything from our international peers. We would encourage those with knowledge of this important area to submit evidence to our inquiry.”
ALCHEMPro News Desk (DP)
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