New Minister of State for Trade and Investment
Prime Minister David Cameron said: “Working across the Department for Business and the Foreign Office, this role reflects the enormous importance this Government places on forging strong international relationships to open new trade links, promote British business overseas and maximise inward investment to the UK.”
The position, which is unpaid, will report to both the Secretary of State for Business and the Foreign Secretary.
Mr Cable said: “The appointment of Stephen Green sends a strong signal to our trading partners that the Government views the promotion of trade and investment as a key priority. I am sure that he will prove to be an excellent addition to our Ministerial team who will really help to bring trade and investment to the top of the agenda, and drive the Government’s international message that the UK is open for business.”
Foreign Secretary William Hague added: “Stephen's appointment will hugely strengthen our work to secure the UK’s economic recovery, promote open markets and inward investment and support greater access for British companies worldwide."
Mr Green said “It is an honour to accept this new role with Her Majesty’s Government, serving Britain in the vital areas of trade and investment. In an increasingly competitive and international world, trade and investment are ever more critical to Britain’s economic success and I am delighted to be joining the Government at this exciting and challenging time.”
Tuesday, 07 September, 2010