Author: Pulse Assent

Baroness Fairhead, Minister of State for Trade and Export Promotion, today (Thursday 26 April) highlighted the importance of the UK’s life sciences sector to future trade at a major pharmaceutical event.

The Association of the British Pharmaceutical Industry’s (ABPI) annual conference was attended by Britain’s leading pharma businesses, and showcased the UK’s world leading capability to develop solutions to ever changing health risks around the world.

Speaking in London, Baroness Fairhead set out how the forthcoming Export Strategy will work closely with the Department for International Trade’s Life Sciences Organisation to deliver practical support to both domestic and global businesses who use the UK as a manufacturing and export base.

The minister also detailed how a combination of top universities, research institutions and increasing government support means that the UK is a fantastic place for the sector to invest.

The UK is now one of the top 3 life sciences hubs globally, with businesses based across the country exporting more than £30 billion of goods and services last year.

Speaking at the ABPI conference today, Baroness Fairhead said:

When it comes to world trade, I know that the life sciences sector is one of Britain’s great assets – so let me promise you, the government understands how important it is to our prosperity and public health.

Our shores are the place to develop, manufacture and commercialise medicines. Our open and innovative environment has supported our world-leading research capability, established secure platforms for clinical trials, and ensures efficient access to supply chain and service partners. We are home to flying start-ups and world-beating multinationals and our regulatory standards are hailed the world over.

The government knows this and we, as a nation, are proud of our past, present and potential in this sector – and we have every intention of nurturing our industry for continued success.

UK exports of goods and services as a whole increased by 12.1% to £622 billion last year, and with the UK gearing up to leave the European Union, the Department will shortly deliver a new Export Strategy. This will set out the government’s ambition to get businesses of all sizes exporting their products.

Further information

Top 5 ways DIT supports businesses to export:

1. great.gov.uk – export platform which lists thousands of export opportunities worth millions of pounds. It also puts firms in touch with global buyers at the click of a mouse.
2. UK Export Finance – the UK’s export credit agency provides financial support like capital loans, to ensure no viable export deal fails due to lack of finance and insurance. UKEF has recently partnered with 5 of the UK’s biggest banks, to help small businesses easily access government-backed financial support.
3. Face-to-face support for exporters in England – delivered via a network of around 250 International Trade Advisers (ITAs). ITAs are managed by 9 delivery partners who operate in each of the 9 English regions.
4. Trade shows – DIT supports trade shows across the world to showcase the best of UK companies from sectors including life sciences, automotive and food and drink.
5. Board of Trade – with representatives from the business community to be the ‘eyes and ears’ of modern businesses. It meets 4 times a year rotated around the UK guaranteeing all parts of the Union have a chance to raise the issues most important to them.

Small businesses in the South West received a boost this week as the Department for International Trade (DIT) Export Hub visited Salisbury to deliver several masterclasses on how to start exporting.

The visit on Wednesday came as part of day-long series of events for the South Wiltshire Business Expo, with more than 260 companies present and key note speeches from local business leaders highlighting what the region has to offer.

The visit of the Export Hub provided businesses with the tools they need to build on the success of the region, with DIT’s regional International Trade Advisers on hand to set out the key steps that companies need to consider if they want to begin their exporting journey.

Baroness Fairhead, Minister of State for Trade and Export Promotion, said:

I’m delighted to see businesses across Salisbury and the South West exporting their products to markets far and wide such as Canada, China and India.

Exporting has the power to create jobs and drive local growth, that is why we stand ready with a wide range of support such as trade missions, our award-winning credit agency UK Export Finance and great.gov.uk.

The owner of one local clothing manufacturer was delighted to attend the event. Liz Willis said:

I can’t believe these amazing opportunities exist and I wasn’t aware. It’s unbelievable that DIT are offering all of this support for free.

I’m going to go home and make contact with the International Trade Adviser straight away. I’ve been confused about distributors and agents for some time and this has provided clarity and given me something to work on which will hopefully help me export into the US.

UK exports of goods and services as a whole increased by 12.1% to £622 billion last year, and with the UK gearing up to leave the European Union, the department will shortly deliver a new Export Strategy to set out the government’s ambition to get businesses of all sizes exporting their products.

Further information

Top 5 ways DIT supports businesses to export:

1. great.gov.uk – export platform which lists thousands of export opportunities worth millions of pounds. It also puts firms in touch with global buyers at the click of a mouse.
2. UK Export Finance – the UK’s export credit agency provides financial support like capital loans, to ensure no viable export deal fails due to lack of finance and insurance. UKEF has recently partnered with 5 of the UK’s biggest banks, to help small businesses easily access government-backed financial support.
3. Face-to-face support for exporters in England – delivered via a network of around 250 International Trade Advisers (ITAs). ITAs are managed by 9 delivery partners who operate in each of the 9 English regions.
4. Trade shows – DIT supports trade shows across the world to showcase the best of UK companies from sectors including life sciences, automotive and food and drink.
5. Board of Trade – with representatives from the business community to be the ‘eyes and ears’ of modern businesses. It meets 4 times a year rotated around the UK guaranteeing all parts of the Union have a chance to raise the issues most important to them.

• Contact the DIT Media and Digital Team on 020 7008 3333
• Follow us at @tradegovuk and gov.uk/dit

The UK has outlined its position on the briefing by the Russian Federation and the Syrian Arab Republic held at the Organisation for the Prohibition of Chemical Weapons (OPCW) today on “the staged incident in Syrian Duma on 7 April, with the participation of unwitting comedians and other witnesses from the famous ‘White Helmets’ footage broad (sic) to The Hague straight from the site of the event.”

Ambassador Peter Wilson, the UK’s Permanent Representative to the OPCW, said:

Russia and Syria’s briefing at the OPCW premises today is a stunt. The Director General has opposed Russia’s decision to host this briefing today. The UK will not attend, in company with our allies.

The OPCW is not a theatre. Russia’s decision to misuse it is yet another Russian attempt to undermine the OPCW’s work, and in particular the work of its Fact Finding Mission investigating chemical weapons use in Syria;
The Director General of the OPCW has called on Russia and Syria to work with the Fact Finding Mission, and to wait for its report. Russia and Syria have ignored his concerns.

Describing chemical weapons victims as ‘comedians’ is despicable. It shows the utter disregard Russia and Syria have for the suffering of the Syrian people, and indeed the global norm against chemical weapons use.

Widespread reports of intimidation of witnesses to the Douma attack is a cause for real concern. The Director General has asked states to supply information about the Douma attack to his Fact Finding Mission. Russia and Syria should do so, instead of waging a propaganda campaign of misinformation. We will not compromise with states that seek to degrade the structures and treaties that keep us safe.

Any witnesses with information related to chemical weapons attacks in Syria should be heard by the impartial OPCW Fact Finding Mission (FFM). We support the FFM and urge others to cease attempts to undermine its vital work.

Further information

• Follow the Foreign Office on Twitter @foreignoffice and Facebook
• Follow the Foreign Office on Instagram, YouTube and LinkedIn

Businesses in Aberdeen have today been reassured by ministers that they have the full support and backing of the Government as the UK prepares to leave the EU.

The Exchequer Secretary to the Treasury, Robert Jenrick, and Brexit Minister, Robin Walker, visited the ‘Granite City’ to meet local businesses and leaders from the oil and gas, and fishing industries. They listened to local concerns and underlined the UK government’s determination to get the best Brexit deal for people living and working in Aberdeen.

The ministers were in town to host the Oil and Gas forum with senior representatives from energy companies, such as BP and Shell, as well as supply chain companies and the Oil & Gas Authority.

Exchequer Secretary to the Treasury, Robert Jenrick said:

“For the first time in many years the Government is holding its oil and gas summit here in Aberdeen, to listen to the sector and the wider business community.

“We are supporting the oil and gas industry making it more competitive and innovative, and securing a strong future for it and for Aberdeen.

“We want to see Aberdeen’s economy continue to thrive and are pleased to be meeting businesses and entrepreneurs across the city and county.”

Brexit Minister, Robin Walker, said:

“Aberdeen’s vibrant, diverse industries – from oil and gas to fishing – are renowned the world over. As we leave the EU, we’re committed to enabling these great Scottish businesses to go from strength to strength.

“That’s why I was pleased to talk to Scottish industries today about our ongoing negotiations with the EU. The implementation period we agreed in March will provide the certainty they’ve rightly been asking for, as well as give us the opportunity to go out into the world and negotiate new trade deals for the first time in 40 years.

“Our future outside the EU is a bright one for Scottish business as part of a global UK.”

Discussions at the oil and gas forum focussed on the opportunities and challenges posed to the sector by Brexit, as well as how government support and the multi-billion package of generous tax cuts has provided greater stability for the industry – protecting jobs and driving innovation.

The Exchequer Secretary saw this innovation first hand on a subsequent visit to the ASET International Oil & Gas Training Academy, where engineers tasked with fixing oil rigs and emergency responders are trained for a career in the North Sea.

The ministers also attended a business event with the Aberdeen and Grampian Chamber of Commerce. There, they met with up to 80 local entrepreneurs to hear their priorities for Brexit and answer their questions.

Brexit Minister, Robin Walker, also met the Scottish Seafood Association to discuss our desire to build a new economic partnership with the EU that secures the freest and most frictionless trade possible in fish products between the UK and the EU, alongside the opportunities coming to the wider UK fishing community. From December 2020 we will be negotiating fishing opportunities as an independent coastal state, deciding who can access our waters and on what terms for the first time in 40 years.

Notes to editors:

Since 2014, the UK government has supported the Oil and Gas industry with:

• Significant cuts to tax rates: permanently reducing Petroleum Revenue Tax from 50% to 0%, and cutting Supplementary Charge from 32% to 10%;
• The introduction of a new basin-wide Investment Allowance, reducing the effective rate of tax for companies who are investing in new developments;
• £40 million of funding for seismic surveys, to support activity in under-explored parts of the UK Continental Shelf, plus a further £5 million to support exploration projects in 2018-19;
• Jointly investing up to £250m with the Scottish Government through the Aberdeen City Region Deal, which includes support for the Oil & Gas Technology Centre; and
• Announcing a transferable tax history to support transactions of late life oil and gas fields, available for deals from 1 November 2018.