News

Time for Change!

You will have noticed the lack of new content on this website, and here is the reason why.

We are excited to announce that we are in the process of launching a new website to help  bring improvements to our clients and companies interested in international trade.

Our new website will be faster, easier to navigate and bring a range of new look features, including:

  • A new, fully responsive design – aimed to provide an optimal viewing and browsing experience across multiple platforms.
  • A more modern, fresher interface, which is fully optimised for user navigation.
  • We’re currently in the final phase of testing and adding new content to the new website and will announce the switch to the new website soon.

Thank you for bearing with us but we hope the wait will be worth it!

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£50m boost for British pork as export market opens in Taiwan

Farmers to benefit from new deal as Taiwan prepares to welcome British pork exports for first time.

British farmers and food producers are set to benefit from a valuable new market as Taiwan prepares to welcome British pork exports for the first time.

UK pork exports were worth £290 million to our economy last year, reaching over 80 export markets. This new agreement is expected to be worth more than £50 million over the next five years.

The deal also means UK exporters can further tap in to the overseas demand for parts of the pig carcass that are not commonly purchased in the UK, such as offal. This means UK farmers and pork processors will be able to generate income for the whole carcass.

The eagerly awaited deal has been secured by the UK government, working with the Agriculture and Horticulture Development Board (AHDB) and UK Export Certification Partnership (UKECP). Exporters can take advantage of the market as soon as the administrative listing process is completed and export certification is made available.

It follows a number of recent successes for UK food and drink exports, which reached a record level of £22 billion in 2017. Last month, China lifted its two-decade long ban on UK beef exports following the BSE outbreak. The agreement will allow official market access negotiations to begin, estimated to be worth over £250million in the first five years alone.

A team of the Government’s leading trade experts continue to provide guidance to UK businesses as they enter into overseas markets for the first time or consider expanding their current global customer base – ensuring they are poised to take advantage of the increasing opportunities Brexit presents.

This is complemented by the government’s Food is GREAT campaign, which highlights the success of current exporters and showcases the UK’s top quality food and drink.

Source: Gov.uk, 8th August 2018. See full notice HERE

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Export Success: South African Shipment for Xeros’ Washing Machines

Xeros Technology Group, based on the Advanced Manufacturing Park, is set to supply a shipment of its near-waterless washing machines to the drought-affected Cape Province region of South Africa.

Cape Town is a region where drought has led to a permanent change in water consumption being legislated.

The 16 machines, supplied through Xeros’ commercial laundry division, recently-renamed Hydrofinity, replace water with its reusable and recyclable polymer XOrb technology.

The agreement is the first of several large shipments expected to be sent in the next two months to Hydrofinity-approved distribution partners in countries with high water stress and high water cost.

The technology will be supplied to the South African market by fanute, the sole distributor for Hydrofinity near-waterless laundry systems in South Africa.

Mike Ferrand, managing director of Hydrofinity, said: “Our near-waterless technology will bring huge sustainability benefits as climate change and a rapidly growing population place enormous stress on South Africa’s water resources.

“We are now starting to make significant shipments of Xeros machines around the world. As businesses struggle with stringent restrictions on water use, our award-winning solution offers a sustainable alternative with significant competitive advantages.”

Source: Stephen Farrell, Insider Media, 1st August 2018

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UK Expands Export Finance in West Africa

UK Expands Export Finance appetite in West Africa as first rep in Africa takes up office in Ghana.

Ghana becomes the first West African country to have a representative of the world’s oldest export credit agency, UK Export Finance (UKEF) stationed in-country.

Steve Gray, who will be taking up office at the British High Commission in Accra as the UKEF Country Manager, will work closely with the Department for International Trade team to strengthen trading relations between Ghana and the United Kingdom reaffirming the UK Government’s ambitions for more trade with the Ghanaian market.

Through its local presence in Accra, UKEF is strategically positioned to provide competitive and innovative finance to Ghanaian and West African companies looking to do business with the UK. Further evidence that the British government is committed to growing its trade relationship with its African partners, this appointment follows the recent announcement that the UK government is increasing the export finance cover available to the Ghanaian market from £125million to £500million, as well as the decision by the export credit agency to provide loan guarantees in the local currency of Cedi – allowing for the flexibility to “buy British and pay local” and going beyond other countries’ credit agencies’ offerings.

Steve Gray worked in Ghana with a UK construction company from 1996-98, returning in 2011 to spearhead the development of a major private sector-led infrastructure project. He has a wealth of experience and a very extensive record working within the wider African market, in countries like the Democratic Republic of Congo, Botswana, South Africa, Zambia and Tanzania.

Source: gov.uk – 28th May. For full article please click HERE

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International Trade Secretary travels to Gulf promoting investment and British businesses

Dr Liam Fox will visited Bahrain and the United Arab Emirates  to promote more than 68 UK projects worth £30 billion to investors.

Liam Fox MP Secretary of State for International Trade and President of the Board of Trade

Gulf countries are strong investors in the UK and this visit will focus on driving further investment and opening up new opportunities for British businesses in the 2 countries. Investment from the United Arab Emirates (UAE) into the UK was worth £4.3 billion in 2016.

During the 3 day visit, Dr Fox will also meet government and industry representatives from Bahrain and the UAE, championing the UK’s strong business proposition and its free trading values.

International Trade Secretary, Dr Liam Fox, said:

I recently launched a bold and ambitious investment programme, building on the UK’s position as the leading destination for foreign investment in Europe and investors from Bahrain and United Arab Emirates will have a great deal to offer.

There is a clear appetite for British goods and services all around the world, and as an international economic department we are encouraging UK businesses to grow by taking advantage of the global opportunities available as we leave the EU.

From investment projects to export opportunities, million-pound infrastructure deals to evening internet entrepreneurs, the UK is in a great position to trade with the world, creating jobs and prosperity.

Trade in goods and services between the UK and UAE is worth £14.6 billion and is the UK’s fourth largest export market outside of Europe, whilst Bahrain is a country of huge potential with trade already accounting for more than £740 million.

The visit is a clear demonstration of the importance of the UK’s economic relationship with the Gulf Cooperation Council (GCC) countries, following the creation of the UK-GCC trade and investment group, aiming to boost British trade in the region.

Driving exports to the Middle East, the Department for International Trade has supported a Dudley furnace manufacturer to secure a £25 million order from Bahrain, helping the firm grow its workforce in the UK. Already exporting to more than 50 countries globally, Mechatherm International has built a customer base of blue chip companies, specialising in the design, manufacture, installation and maintenance of bespoke furnaces used to make aluminium.

Mechatherm’s ongoing success overseas is being celebrated by the DIT’s Exporting is GREAT campaign. The campaign showcases 30+ businesses – from a range of sectors and regions – to inspire and support companies up and down the country to export.

Dr Fox MP also announced that the UK’s export credit agency, UK Export Finance (UKEF), will provide £100 million of financing for the construction of the Dubai World Trade Centre by construction company ASGC UK. Phase 4 of the project will see the construction of a hotel and will generate significant business for UK suppliers. This builds on UKEF’s support for the earlier phases of the project.

UKEF is also supporting UK businesses to win export contracts in Bahrain by lending or guaranteeing loans in Bahraini Dinar, offering buyers of UK goods the ability to ‘Buy British, pay local’.

Source: gov.uk- published 26 May 2018. For full article please click HERE

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City chief appointed to lead UK export drive

Department for International Trade (DIT) appoints John Mahon, former Head of Barclays Corporate Bank, as the UK’s new Director General for Exports.

  • John Mahon joins Dr Liam Fox’s department to work closely with business, putting exports at the heart of UK growth
  • This is the latest in a series of senior appointments as DIT ramps up preparations for post-Brexit trade. Five new HM Trade Commissioners started their roles last week.

 Following a highly competitive recruitment process, the Department for International Trade (DIT) appointed John Mahon as the UK’s first Director General for Exports. Reporting to the Permanent Secretary, John will lead the implementation of the government’s emerging Export Strategy as the UK prepares to leave the European Union.

A former Head of Barclays Corporate Bank, John brings a strong track record to DIT and is being hailed across Whitehall as a key hire. His appointment is the latest step in a major capability-building programme underway at DIT, across exports and investment promotion and the trade policy and negotiation businesses.

The new Director General for Exports is at the heart of the government’s post-Brexit trading plan, and is tasked with ensuring that new and existing exporters can access the right financial, practical and promotional support to sell overseas.

Welcoming John to DIT, International Trade Secretary Dr Liam Fox said:

I am delighted to welcome John as our first Director General for Exports. With the IMF predicting that 90% of global growth will come from outside the EU, his role will be key to helping UK businesses unlock opportunities around the world.

John’s banking expertise will help us build the world’s best international economic department as we develop our own independent trade policy for the first time in more than 40 years – making the UK a global trading nation once again.

Minister of State for Export and Trade Promotion Baroness Rona Fairhead added:

We will soon be launching an Export Strategy to respond to the clear and growing demand from all over the world for UK goods and services. Our aim is to help UK companies of all sizes to grow by enhancing the support we offer and connecting them ever-more effectively to market opportunities. John will play a crucial role in making this happen.

John will play a vital role in DIT, reporting to Permanent Secretary Antonia Romeo, the department’s lead official, who commented:

I am very pleased to welcome John to my top team. His appointment shows that DIT is attracting the highest-calibre talent from across the public and private sectors to work on our crucial agenda. Leading our work to boost exports up and down the country, he will play a critical role in putting trade at the heart of UK growth.

Speaking about his new role, John Mahon said:

I am excited to join the Department for International Trade at such a crucial time where it will be my task to help companies everywhere to take advantage of the international demand for British goods and services. Through the government’s emerging Export Strategy, we will help businesses generate growth, prosperity and jobs in every corner of the UK.”

Source: www.gov.uk, 12th April 2018

Picture: Left to Right: Dr. Liam Fox, John Mahon, Baroness Rona Fairhead

 

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US-UK Trade and Investment Working Group – statement

 

The United States and the United Kingdom held the third meeting of the US-UK Trade and Investment Working Group on 21 to 22 March, and the inaugural meeting of the new US-UK Small and Medium-sized Enterprises (SME) Dialogue on 20 March.

The working group, established in July 2017, works to deepen current trade and investment ties between the two nations and is laying the groundwork for a potential future free trade agreement once the United Kingdom leaves the European Union.

The delegations were led by officials from the UK’s Department of International Trade (DIT) and the Office of the United States Trade Representative (USTR) and included representatives from a wide range of US and UK government departments. The working group discussions covered a range of topics, including:

  • industrial and agricultural goods
  • services
  • investment
  • intellectual property rights and enforcement
  • regulatory issues related to trade
  • small and medium-sized enterprises

The inaugural meeting of the SME Dialogue brought together more than 100 US and UK SMEs with government officials from both countries to:

  • discuss ways to deepen trade and investment and enhance SME cooperation
  • identify resources currently available from both governments to assist SMEs
  • hear from  SMEs on their specific challenges and opportunities when trading bilaterally

At the dialogue, the US and UK governments jointly released the guide Doing business in the US and UK: resources for small business as a key tool for SMEs seeking to benefit from US-UK trade.

Building on these positive outcomes from the first US-UK  SME Dialogue, both governments met the following day as part of the US-UK Trade and Investment Working Group to further discuss opportunities to work together. During these meetings:

  • the United States extended an invitation to the UK government to join the 10th Americas Competitiveness Exchange (ACE) on Innovation and Entrepreneurship in California, to exchange best practices on innovative approaches to economic development
  • the United States and UK agreed to explore trade promotion and trade show collaboration, notably between the U.S. Department of Commerce, the U.S. Small Business Administration and the UK Department for International Trade
  • it was agreed that the 2nd US-UK  SME Dialogue will be hosted in the United Kingdom.

As discussed in the March 15th Joint Statement of U.S. Trade Representative Robert Lighthizer and UK Secretary of State for International Trade Liam Foxthe ongoing SME Dialogue was one of several tangible outcomes of the Working Group.

UK government officials also raised the United States’ imposition of tariffs on steel and aluminium.

Source of Article

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US Delegation visits Sheffield City Region

 

A high-level delegation from the US Congress has visited the Sheffield City Region (SCR) to learn about its growing reputation in advanced manufacturing.

Ron Kind, US Representative for Wisconsin’s third congressional district, is an expert on small businesses, while Derek Kilmer, who represents Washington’s sixth congressional district, has worked in economic development for over a decade. Both were keen to see the work of the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC).

The US is an important export market for the City Region, with the most recent figures showing that in 2015 the region exported manufactured goods worth £450mto the US.

The country has also has been the largest investor in the SCR between 2006-16, accounting for about 25 per cent of the investment coming into the region.

US investment includes Amazon’s third fulfilment centre in Doncaster; the expansion at Premdor UK Holdings factory in Barnsley by Masonite International; Euramax International’s expansion at its Barnsley site; and increased steel wire production at the Leggett and Platt plant in Grimethorpe.

Representative Kilmer said: “When I’m back home I say often that the role of government is to create more opportunities for more people in more places. It is clear that’s what’s happening in Sheffield City Region. I’ve learned a lot on my visit, and I hope that it leads to even stronger partnerships which create great jobs here and back home.”

The congressmen were accompanied by Kilmer’s chief of staff and Kind’s legislative director. Also on the visit, arranged by the Department for International Trade, were Grant Kerr, senior congressional advisor at the British Embassy in Washington, and Meghan Ormerod, the senior trade policy advisor at the embassy.

The visit was accompanied by Mark Robson, DIT regional director Yorkshire; Cllr Denise Lelliott, cabinet member and Paul Woodcock, assistant director for planning, regeneration and transport for Rotherham Council; and David Campbell-Molloy, senior programme manager, and Tony Corby, senior business development manager, both from Sheffield City Region.

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US Delegation visits Sheffield City Region

A high-level delegation from the US Congress has visited the Sheffield City Region (SCR) to learn about its growing reputation in advanced manufacturing.

Ron Kind, US Representative for Wisconsin’s third congressional district, is an expert on small businesses, while Derek Kilmer, who represents Washington’s sixth congressional district, has worked in economic development for over a decade. Both were keen to see the work of the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC).

The US is an important export market for the City Region, with the most recent figures showing that in 2015 the region exported manufactured goods worth £450mto the US.

The country has also has been the largest investor in the SCR between 2006-16, accounting for about 25 per cent of the investment coming into the region.

US investment includes Amazon’s third fulfilment centre in Doncaster; the expansion at Premdor UK Holdings factory in Barnsley by Masonite International; Euramax International’s expansion at its Barnsley site; and increased steel wire production at the Leggett and Platt plant in Grimethorpe.

Representative Kilmer said: “When I’m back home I say often that the role of government is to create more opportunities for more people in more places. It is clear that’s what’s happening in Sheffield City Region. I’ve learned a lot on my visit, and I hope that it leads to even stronger partnerships which create great jobs here and back home.”

The congressmen were accompanied by Kilmer’s chief of staff and Kind’s legislative director. Also on the visit, arranged by the Department for International Trade, were Grant Kerr, senior congressional advisor at the British Embassy in Washington, and Meghan Ormerod, the senior trade policy advisor at the embassy.

The visit was accompanied by Mark Robson, DIT regional director Yorkshire; Cllr Denise Lelliott, cabinet member and Paul Woodcock, assistant director for planning, regeneration and transport for Rotherham Council; and David Campbell-Molloy, senior programme manager, and Tony Corby, senior business development manager, both from Sheffield City Region.

Source: Stephen Farrell, Insider Media, 26 February 2018

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Exporting for Growth Breakfast Event: Sheffield, 14 March

by Department for International Trade – Yorkshire and the Humber

Whether you’re new to exporting or looking to grow your international trade, find out how the Exporting for Growth programme* could benefit your business – all before you head to the office!

Join DIT at the Exporting for Growth Breakfast Event in Sheffield. This informal breakfast gathering is your opportunity to explore this match-funded grant of up to £5,000 which can be used to boost your business’ international success.

The programme’s Project Manager, Ingunn Vallumroed, will talk you through the application process and how it can be used, with insight from our real-life case study. There will also be DIT International Trade Advisers available to guide you on next steps.

There will be opportunities to ask questions throughout the networking breakfast, with ITA one-to-ones available to book on the day.

The demand is out there, you should be too!

Please note: 50% discount is available for parking at Q-Park on Rockingham Street. Collect your voucher from the Circle reception and insert into the machine prior to ticket on departure.

Eligibility for funding:
– The company must be located in the Sheffield LEP region.
– Be a small or medium sized enterprise with up to 250 employees.
– No more than 25% of the business is owned by an enterprise which is not an SME.
– Annual turnover does not exceed €50 million or annual balance sheet does not exceed €43 million
– Must create at least one full time job.

To register please click HERE

*Enterprise Growth Solutions, in partnership with DIT is delivering the contract for the European Regional Development Fund (ERDF), which provides £6.7 million of funding for first time, but also experienced exporters as part of the Exporting for Growth programme. 

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