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Parliamentary debates and questions

S5W-14217: Jackie Baillie (Dumbarton)

Scottish Labour

Date lodged: 30 January 2018

To ask the Scottish Government whether the Scottish Investment Bank will provide export financing for SMEs.

Answered by: Keith Brown 9 February 2018

Export financing is a matter currently reserved to the UK Government. However Scottish Development International work closely with UK Export Finance (UKEF) and the Enterprise Agencies and their partners to ensure that Scottish companies benefit fully from the financial products available.

The Scottish Government believes that more needs to be done to ensure that Scottish businesses get their fair share of opportunities. For example, the newly established Scottish Trade Board has specifically identified actions to be taken forward around export finance.