British International Investment (BII) is the United Kingdom’s development finance institution (DFI). It is entirely owned by the UK government and its single shareholder is the Foreign, Commonwealth and Development Office (FCDO), represented by the Secretary of State for FCDO. The relationship between FCDO and BII has evolved over time and continues to evolve. Over the last few years, there has been a growing appreciation within the UK government of the value of BII as an important channel to achieve not only UK development objectives but also to contribute to geopolitical objectives such as promoting Global Britain. The result has been a rising profile of BII towards achieving broader UK government policy objectives.