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Overseas Companies: Developing Countries

Asked by Jim ShannonDemocratic Unionist PartyDepartment for Business and TradeTabled Answered 29 June 2026UIN 11640

The question

To ask the Secretary of State for Business and Trade, what recent assessment he has made of opportunities for UK businesses in emerging markets.

Answered by Chris Bryant

The Department for Business and Trade is supporting businesses with the highest-growth potential and targeting markets identified in the Industrial and Trade Strategies as having significant economic opportunity.

Our Free Trade Agreements help businesses compete globally through tariff reductions and improved market access, including our landmark deal with India, one of the world’s fastest-growing economies, due to enter into force on 15 July.

The Business Growth Service is helping businesses start, scale and succeed internationally. From tailored market advice and free Business Academy training to UK Export Finance, we are making it easier for firms to navigate global markets, seize opportunities and build resilience.

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