Mims Davies MP Shares Launch of Critical Imports & Supply Chains Strategy
UK supplies of critical goods such as medicines, minerals and semiconductors will be safeguarded, thanks to the Government’s new Critical Imports and Supply Chains Strategy launched today (Wednesday 17 January).
More than 100 top UK firms, including pharmaceutical and manufacturing leaders like The Association of the British Pharmaceutical Industry (ABPI), the Society of Motor Manufacturers and Traders (SMMT) and Green Lithium have contributed to the strategy to ensure it helps develop resilient and secure supply chains that protect both their business and the consumers who rely on them.
Minister for Industry and Economic Security Nusrat Ghani will launch the Strategy today during a visit to Heathrow Airport, the largest import hub in the UK which handled more than £86 billion of UK imports in 2022.
Through the strategy, we will also identify the support UK business needs to connect with new suppliers in international markets, including through our overseas network in more than 100 countries. At the same time, we will use our expertise to support developing countries build supply chains with new international markets, including the UK.
Mims Davies MP said:
"The UK is taking action to boost supply chain resilience for critical goods and back businesses.
The Department for Business and Trade today launched the Critical Imports and Supply Chains Strategy, safeguarding UK supplies of critical goods such as medicines, minerals and semiconductors.
I am pleased that cutting-edge research will be used to map the impacts of shocks on supply chains, such as those caused by the Covid pandemic and war in Ukraine and understand how the UK can secure the goods we need in future."