The COVID-19 pandemic and international trade Contents

Contents

Summary

1 Introduction

Economic impact of COVID-19 on trade and investment

International outlook

UK outlook

Our evidence

2 UK trade in essential goods

Pharmaceuticals

Conclusions and recommendations

Medical supplies

Conclusions

Agri-food products

Conclusions

3 Impact on UK trade in manufacturing and services sectors

Manufacturing

Conclusions

Services

Conclusions

4 UK Government response

Trade finance and insurance

Conclusions and recommendations

Export promotion

Tradeshow Access Programme

Conclusions and recommendations

Digital trade

Conclusions and recommendations

Cross-government approach

HM Trade Commissioners

Recommendations

5 International response

G20

World Trade Organization

UK Government engagement with global forums

Conclusions and recommendations

Agreement on trade in medical goods

Conclusions and recommendations

6 Ensuring future supply-chain resilience

Addressing supply-chain vulnerabilities

Conclusions

Proposed “parallel supply chain” for medicines

Recommendations

Project Defend

Recommendations

7 Foreign Direct Investment

Promoting and facilitating investment

Conclusions and recommendations

International Investment Agreements

Recommendations

Investment screening

Recommendations

Formal minutes

Witnesses

Published written evidence



Published: 29 July 2020