Trade
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Asked what the Prime Minister thought about the trade figures released today which showed a 9.2bn gap, a record since figures began in 1980, the PMS replied that the OBR, the IMF and the OECD were all predicting a strong 2011 for trade.
We were publishing the Trade and Investment White Paper today, which would give us a strategy that put trade and investment at the centre of the Government’s plans for growth.
Asked about the figures specifically, the PMS said that clearly we needed to do more, which was why we were publishing a strategy today giving an outline of how to boost trade and investment for the UK.
We had a large deficit that we had to tackle; there had to be efficiencies across the board, but that did not mean that we were not putting effort into trade and investment. We had appointed a new Trade Minister and we had published a Trade White Paper today.
original source.
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