Overseas Trade: Germany
The question
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 21 July 2025 to Question 67823 on Overseas Trade: Germany, what assessment his Department has made of the potential impact of the lighthouse projects agreed with Germany on economic growth in the UK in the next 12 months.
Answered by Chris Bryant
The Kensington Treaty signed between the UK and Germany commits the parties to mutually supporting economic growth, job creation, digital transition and innovation, working with our businesses and mobilising investment to grow our economies. As part of implementation, DBT is leading on the planned UK-Germany Business-Government Forum, which will draw on business insights to identify growth-driving opportunities.
DBT is also supporting projects led by other Departments. A Strategic Science and Technology Partnership will create a framework to support the development of cutting-edge critical technology in areas including quantum, AI, space and clean energy. We will also work towards expanding North Sea Energy cooperation and developing infrastructure to generate greener, cheaper, more secure energy. Finally, we will move towards strengthening collaboration between UK and German public financial institutions to contribute to boosting investment in growth-driving sectors.
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