Support for UK exports: changes to the Export and Investment Guarantees Act (EIGA) 1991 (as amended)
We are seeking views on proposals to broaden the government’s powers to support UK exports and investments overseas through the use of payment guarantees, insurance or loans provided by UK Export Finance (UKEF).
Detail
Under these proposals the EIGA would be amended to empower the Secretary of State to make arrangements which, in his view, will directly or indirectly, facilitate, support or develop:
- the UK’s export trade and the capacity of persons carrying on business in the UK to engage in exporting; or
- the participation of such persons in enterprises outside the UK.
This would give UKEF a more generalised ability to support businesses in the UK who export, or who may wish to become involved in exporting.
This Consultation is aimed at organisations and individuals that have an interest in the Government’s support for UK exports and investments overseas.
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