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French Chamber of Commerce Submits Response to UK Government’s “Invest 2035” Industrial Strategy Consultation
The French Chamber of Commerce in Great Britain has submitted its response to the UK Government’s "Invest 2035" consultation, outlining key recommendations to support growth-driving sectors and strengthen the UK-France economic relationship.
The "Invest 2035" Industrial Strategy aims to identify and prioritize key sectors that will drive the UK’s long-term economic growth, innovation, and sustainability. With a focus on clean energy, advanced manufacturing, digital technology, and defence, the consultation invites input on how to address barriers to investment, enhance skills and infrastructure, and foster global competitiveness.
Key Themes in Our Response
In our response, the French Chamber emphasizes the importance of international partnerships—particularly with France—to achieve the goals outlined in the strategy. Given that France is the UK’s fourth-largest trading partner, accounting for 6.0% of total UK trade, the French border plays a critical role in the movement of goods and people, underscoring the deep economic relationship between our nations.
We focus on the following areas:
- Clean Energy Collaboration:
- Joint UK-France projects in hydrogen, offshore wind, and biomethane to accelerate the transition to Net Zero.
- Innovation in Digital and Advanced Manufacturing:
- Strengthening bilateral R&D efforts in AI, cybersecurity, and sustainable manufacturing to drive technological advancements.
- Addressing Barriers:
- Simplifying regulatory frameworks, aligning cross-border standards, and investing in critical infrastructure such as hydrogen refueling stations and digital connectivity.
- Skills and Talent Mobility:
- Enhancing access to skilled workers through streamlined visa processes and bilateral talent mobility schemes.
Our Key Recommendations
- Establish joint UK-France innovation funds for clean energy and digital technologies.
- Simplify planning and regulatory approvals for clean energy projects to attract investment.
- Promote bilateral talent exchanges to address skill shortages in high-demand sectors.
- Invest in infrastructure to support hydrogen, digital transformation, and regional development.
What’s Next?
The UK Government will review submissions from stakeholders as it finalizes the Industrial Strategy. A detailed policy guide and investment plan for the prioritized sectors are expected to be published alongside the Spring Budget in 2025. This plan will outline actionable steps and funding commitments to ensure that the UK achieves its economic and sustainability goals.
The French Chamber stands ready to continue working with the UK Government and industry partners to implement these recommendations and strengthen the bilateral relationship between the UK and France.