Lord Green takes office as Trade and Investment Minister
Lord Green is responsible for ensuring the delivery of a cross-바카라 사이트 strategy for trade, vital for the UK's economic growth and recovery.
Lord Green, previously Group Chairman of HSBC, today joined the Prime Minister at an event for Business Ambassadors at 10 Downing Street to discuss international trade as he took up his new role as Minister of State for Trade and Investment.
Lord Green said:
바카라 사이트淭his is an exciting and challenging time to join the 바카라 사이트.
바카라 사이트淭his 바카라 사이트 is committed to ensuring that trade and investment play a key role in driving balanced and sustainable growth in the UK economy. I believe this challenge can be met.
바카라 사이트淏ritain has strong intrinsic competitive advantages in the world economy which is taking shape in the 21st century. As we all recognise, British commerce at its best is driven by levels of creativity, efficiency, flexibility and dynamism which are nothing less than world class.
바카라 사이트淚 look forward to supporting businesses of all kinds, large or small, innovative or traditional, in goods or in services, as they explore and engage with the opportunities and of international markets. Likewise, our task is to ensure the UK is the most hospitable and welcoming destination for productive international investment, building a strong positive image of Britain among our peers and in developing markets.바카라 사이트�
Lord Green will be responsible for ensuring the delivery of a cross-바카라 사이트 strategy for trade and for attracting international investment. He will be accountable to both the Secretary of State for Business and the Foreign Secretary.
- The trade strategy will be presented in the spring as a 바카라 사이트 White Paper, developed by the Prime Minister바카라 사이트檚 Trade Adviser, Lord Brittan. The paper will look at the UK바카라 사이트檚 current position as a trading and investing nation and set out a strategy for opening opportunities for businesses and securing the benefits of openness for the UK.
- The UK is currently the world바카라 사이트檚 sixth largest exporter and second largest investor in foreign markets. Many world-beating business sectors have built up a strong presence in the world바카라 사이트檚 biggest developed markets, in the rest of Europe, the US and Japan. The challenge will be to succeed over the coming decades as global incomes grow in other markets.
- Edward Davey, Business Minister responsible for multilateral trade policy and the single market, will work closely with Lord Green. Responsibility for implementing the strategy will rest with a new Trade and Investment cabinet subcommittee for Economic Affairs, which Lord Green will chair.
- Lord Green바카라 사이트檚 focus at the FCO will be to help achieve a more commercially-minded office that effectively supports the government바카라 사이트檚 growth agenda. He will oversee a new Commercial and Economic Diplomacy Group tasked with delivering a more commercial FCO in practice.
- As head of UK Trade & Investment, Lord Green will help UK firms to export abroad and promote inward investment. As part of this role, he will support UKTI Defence and Security Organisation (UKTI DSO).
- He will also have responsibility for the Export Credits Guarantee Department and act as spokesman for the 바카라 사이트 on trade and investment issues in the House of Lords.
- The Minister will chair the Council of Business Ambassadors which he will be introduced to by the Prime Minister and become a member of the Prime Minister바카라 사이트檚 Business Advisory Network.
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