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Non-ministerial government department overview | |
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Formed | October 2003 |
Preceding Non-ministerial government department |
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Dissolved | July 2016 |
Superseding Non-ministerial government department | |
Jurisdiction | United Kingdom |
Headquarters | 1 Victoria Street, London, SW1H 0ET |
Employees | 2,331 |
Annual budget | £270 million (2009-2010) [1] |
Website | www |
UK Trade & Investment (UKTI) was a UK Government department working with businesses based in the United Kingdom to assist their success in international markets, and with overseas investors looking to the UK as an investment destination. [2] It was replaced in July 2016 by the Department for International Trade. [3]
UKTI was formed in May 1999 as British Trade International, comprising two parts: Trade Partners UK (for export promotion) and Invest UK (for inward investment - FDI). In October 2003, the former department name and two inner departments merged and became UK Trade & Investment to simplify the outward recognition of the organisation, and possibly to reduce confusion with the two departments.
To support its aim to "enhance the competitiveness of companies in Britain through overseas trade and investments; and attract a continuing high level of quality foreign direct investment". [4]
UK Trade & Investment is an international organisation with headquarters in London and Glasgow in Scotland. Across its network UK Trade & Investment employs around 2,400 staff and advisers, including overseas in British Embassies, High Commissions, Consulates and trade offices, and regional offices in the nine English regions [5]
The delivery of many UKTI regional services within the United Kingdom is contracted out to other organisations. In Devon, Cornwall and Somerset, UKTI regional services are now delivered by Serco, [6] In China, the China Britain Business Council, another private body, is the provider.
Business and university leaders work with UKTI as "business ambassadors". They promote the UK internationally and highlight trade and investment opportunities. They focus on helping small and medium-sized enterprises (SMEs).
UK Trade & Investment brings together the work of the Foreign & Commonwealth Office and the Department for Business, Energy and Industrial Strategy. The UK Special Representative for International Trade and Investment works as part of UKTI to promote British business and produce.
UK Trade & Investment has public-private partnership agreements with the Federation of International Trade Associations under which they contribute market research and other reports on GlobalTrade.net. [7]
UK Trade & Investment has an arms-trade branch called UKTI DSO (UK Trade & Investment Defence & Security Organisation) headed by Sir Richard Paniguian. [8]
The Foreign, Commonwealth and Development Office (FCDO) is the ministry of foreign affairs and a ministerial department of the Government of the United Kingdom.
The Export Credits Guarantee Department (ECGD), branded as UK Export Finance (UKEF), is the export credit agency and a ministerial department of the Government of the United Kingdom.
The Department of Foreign Affairs and Trade (DFAT) is the department of the Australian federal government responsible for foreign policy and relations, international aid, consular services and trade and investment. Australia's total official development assistance (ODA) decreased in 2022 due to differences in Australia's financial year reporting and the timing of its COVID-19-related expenditure, representing 0.19% of gross national income (GNI).
The Campaign Against Arms Trade (CAAT) is a UK-based campaigning organisation working towards the abolition of the international arms trade. It was founded in 1974 by a coalition of peace groups. It has been involved in several high-profile campaigns, including a legal challenge against the Serious Fraud Office's decision to suspend a corruption investigation into BAE Systems in 2007. On 27 September 2012, it was honoured with a Right Livelihood Award for its "innovative and effective campaigning".
The Australian Trade and Investment Commission, or Austrade, is the Australian Government's trade, investment and education promotion agency which was also given responsibility for tourism policy, programs and research from 2013. Austrade was established under the Australian Trade Commission Act 1985. It is a non-corporate Commonwealth entity under the Public Governance, Performance and Accountability Act 2013, and a statutory agency under the Public Service Act 1999. Austrade is part of the Foreign Affairs and Trade portfolio.
UK Defence and Security Exports (UKDSE), formerly known as Defence & Security Organisation (DSO) and the Defence Export Services Organisation (DESO), is an organisation within the Department for Business and Trade responsible for helping British arms companies export.
In June 1989, as Poland turned away from communism, a group of British-Polish students and graduates, Polish expats and British businessmen, established ‘Interes’, an organisation promoting business, trade and investment between Britain and Poland.
British–Iraqi relations are foreign relations between Iraq and the United Kingdom.
Strong foreign relations exist between the Republic of Azerbaijan and the United Kingdom. The Embassy of United Kingdom in Baku opened in 1992. The Embassy of the Republic of Azerbaijan in London opened in 1994. Both countries are members of the Council of Europe, the Organization for Security and Co-operation in Europe.
The historical ties between the governments of Barbados and the United Kingdom of Great Britain and Northern Ireland (UK) are long and complex, including settlement, post-colonialism and modern bilateral relations. The two countries are related through common history spanning 339 years (1627–1966). Since the Barbadian date of political independence, these nations continue to share ties through the Commonwealth of Nations. Until becoming a Commonwealth republic in 2021, Barbados also shared the same Head of State, with Queen Elizabeth II as their Monarch.
Singapore–United Kingdom relations, also referred to as British–Singaporean relations, refers to the bilateral relations between the Republic of Singapore and the United Kingdom of Great Britain and Northern Ireland. Both countries are full members of the Commonwealth of Nations and are marked by historical, cultural, institutional and language ties, extensive people-to-people links, aligned security interests, sporting tournaments, and significant trade and investment co-operation.
The Commercial Horticultural Association (CHA) is the UK Trade Association representing and supporting companies that manufacture and supply plants, products and services to commercial horticultural growers throughout the world.
The High Commission of the United Kingdom in New Delhi is the diplomatic mission of the United Kingdom in India. It is located at Shantipath in Chanakyapuri.
Hong Kong–United Kingdom relations are the international relations between the post-colonial Hong Kong and the United Kingdom. Hong Kong was a British colony from 1841 to 1941 and again from 1945 to 1997 when sovereignty was handed over to China. UK policy towards Hong Kong is underpinned by its substantial commercial interests, and fulfilling obligation as the other signatory of Sino–British Joint Declaration on the future of Hong Kong, in addition to support Hong Kong's mini-constitution, the Basic Law, and in accordance with China's policy of observing "one country, two systems". Hong Kong is also home to roughly 2.9 million British National (Overseas)s, 350,000 of which hold an active British passport, giving it one of the largest populations of British passport holders in the world behind only the Anglosphere Commonwealth realms and the United States.
The Trade Delegation (Representation) of the Russian Federation in the United Kingdom of Great Britain and Northern Ireland is a state institution ensuring foreign economic interests of the Russian Federation in the United Kingdom. It is an integral part of the Diplomatic Mission of the Russian Federation in the UK. The Delegation acts under political guidance of the Ambassador of the Russian Federation in the United Kingdom. General governance of its activities is carried out by the Ministry of Economic Development of the Russian Federation. The Trade Delegation was established on 24 February 1920. It was the first Russian trade representation abroad and it began the history of trade representations of Russia in foreign countries. By now the word “Delegation” still appears in the official English name for the Russian Trade Representative's Office to the UK. The Trade Delegation is headed by the Trade Representative who is appointed by the Government of the Russian Federation upon recommendation by the Ministry of Economic Development agreed with the Ministry of Foreign Affairs of the Russian Federation.
Qatar – United Kingdom relations (Arabic: العلاقات البريطانية القطرية, romanized: al-ʻAlāqāt al-Barīṭānīyah al-Qaṭarīyah are the bilateral relations between the State of Qatar and the United Kingdom of Great Britain and Northern Ireland, covering a wide range of issues and activities of mutual interest.
The UK-ASEAN Business Council (UKABC) is a non-profit organisation founded in 2011. It was originally created by the UK government in order to facilitate trade and business relations between the United Kingdom and ASEAN.
The Department for International Trade (DIT) was a department of the United Kingdom Government, from July 2016 to February 2023. It was responsible for striking and extending trade agreements between the United Kingdom and foreign countries, as well as for encouraging foreign investment and export trade.
The Secretary of State for International Trade, also referred to as the International Trade Secretary, was a secretary of state in the Government of the United Kingdom, with overall responsibility for the business of the Department for International Trade and UK Export Finance. The incumbent was a member of the Cabinet of the United Kingdom. Since the office's inception, the incumbent has concurrently been appointed President of the Board of Trade.
Dominic James Robert Jermey is a British diplomat who is currently the British Ambassador to Indonesia. His immediately previous position was Director-General of the Zoological Society of London. He served as British Ambassador to Afghanistan from 2016 to 2017.