Source · Select Committees · Foreign Affairs Committee
Recommendation 52
52
Deferred
Paragraph: 169
Engage companies to secure investment in UK semiconductor and wind industries for supply resilience
Conclusion
The UK should engage with Taiwanese and other major companies to secure inward investment in the semiconductor and wind industries in the UK to enhance resilience by building an alternative supply source for advanced semiconductors and wind energy components, whether this involves onshoring or friendshoring.
Government response summary AI-generated
The government's response addresses the issue of foreign powers intimidating individuals in the UK, which is unrelated to the recommendation to secure inward investment from Taiwanese companies in semiconductors and wind industries.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
169
Government Response
Deferred
HM Government · verbatim extract
Deferred
The UK is a world leader in offshore wind and the UK and Taiwan have strong trade and investment links in this sector. During the fifth UK-Taiwan Energy Dialogue last year, the two sides discussed long-term challenges and opportunities in this area and met innovative British firms exhibiting in the UK Offshore Renewable Energy Catapult stand at the Global Offshore Wind expo. As set out in the Government’s Semiconductor Strategy, we are also working with international partners to improve supply chain resilience for critical sectors, such as through improving transparency across the supply chain and ensuring government investments provide some protection against significant supply shocks.
Read the full response on Parliament ↗