NSW - Lord Livingston - Minister of State for Trade and Investment
Lord Livingston is in Australia for the G20 Trade Ministers’ meetings to be held in Sydney following the B20 on 17 and 18 July.
The British economy is bouncing back well and is expected to grow faster than any other G7 country this year. The deficit has fallen by over a third and over 2m private sector jobs have been created since 2010. But the job is not yet done, and Lord Livingston will head up a major part of the UK’s growth strategy – trade and foreign direct investment. The UK is aiming to double the UK’s exports, to £1 trillion by 2020 as well as attract more inward investment, including in UK infrastructure projects. As one of the UK’s oldest and closest partners, as well as its 11th largest export market and 9th largest foreign direct investor, Australia is intended to play a significant part in this strategy.
Lord Livingston was appointed Minister of State for Trade and Investment on 11 December 2013 and leads on FCO relations with British Business. He is a Conservative member of the House of Lords. He was CEO of BT Group from 2008 until 2013. Over that period it became one of the best performing European Telco stocks.
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