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Produce a clear strategy for trade and investment in Central Asia, involving civil society
Recommendation
There are opportunities for increased trade and investment for UK companies in Central Asian states. Policies on investment should be clearer and calibrated to its efforts to curb corruption in-country and in the City of London, its ministerial engagement programme, its ethical principles and work to ensure the resilience of critical supply chains. Ministers should be alive to the opportunity to improve standards of corporate governance through encouraging listing of firms on the London Stock Exchange. We recommend that the Government produces a strategy for its approach to trade and investment in Central Asia. This strategy should be clearly communicated to the business community in the UK and relevant interlocutors in the region. We encourage the involvement of Central Asian civil society in any resulting arrangements to help ensure ethical standards are maintained.
Paragraph Reference
84
Government Response
A response document is linked to this report, dated 25 January 2024. Response attribution to this recommendation has not been verified. Read the response document.
Source
Committee
Foreign Affairs Committee
Report
Tenth Report - Countries at crossroads: UK engagement in Central Asia
10 Nov 2023
HC 1158
Addressee Bodies
Foreign, Commonwealth & Development Office
Timeline
Recommendation age
2.8 yrs
Report published
10 Nov 2023