Margot James, MP for Stourbridge, chaired the first meeting of the new All Party Parliamentary Group (APPG) for Trade and Investment in Parliament.
The cross-party APPG, with support from all parties and both the House of Commons and House of Lords, was formed to research and inform debate over how best to support British exporters, particularly small and medium sized businesses, and encourage foreign direct investment into the UK.
It also aims to promote trade and to enable links between parliamentarians, industry and government in the UK and abroad and will work closely with trade representatives and bodies such as UK Trade and Investment (UKTI) and UK Export Finance.
The group was launched at a meeting with Lord Green, Nick Baird and Crispin Simon from UKTI, and was attended by well over one hundred people from MPs and Peers to SMEs, larger businesses, trade associations, banks, and business organisations, amongst others.
Margot James, Chair of the APPG for Trade & Investment, said, ‘I am delighted that this new All Party Group is now launched. Trade and investment is a crucial area for parliamentarians to focus on, especially in the current economic climate. We have strong cross-party support from both Houses, as well as many outside organisations, committed to making our work a success. The launch event was attended by well over one hundred people keen to hear what Lord Green and UKTI had to say and work with our new group.”
Officers of the new APPG for Trade & Investment are: Margot James, Chair; Nick de Bois, Pat McFadden, and David Ward, Vice Chairs; Geoffrey Clifton-Brown, Secretary; and Lord Nat Wei, Treasurer.