Overseas Trade
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to ensure that his Department's trade policies promote resilience in (a) steel, (b) energy, (c) advanced manufacturing and (c) other strategically important domestic supply chains.
Answered by Sarah Jones
This government recognises the importance of secure and resilient supply chains to the UK’s growth and economic security. DBT is strengthening the UK’s resilience both through sector programmes and the upcoming Trade and Industrial Strategies. These Strategies, which are unreservedly pro-business, will outline more on our plans for resilience-building, including in the growth and foundational sectors targeted by the Industrial Strategy.
In collaboration with business, we are already acting to bolster the resilience of key UK industries, for example reviewing all options to ensure a secure future for our domestic steel industry and building a globally competitive electric vehicle supply chain through the Automotive Transformation Fund.
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