A new whole-of-government approach to boosting British exports delivered through a transformed, UK Trade and Investment (UKTI), focused on priority markets and sectors, has been announced today (19 January 2016) by Trade Minister Lord Maude.
International trade support
First ambassadors announced for International Festival for Business 2016 Prominent entrepreneurs and leaders within Britain’s business community have today pledged their support for the International Festival for Business (IFB) 2016. The unveiling of the new cohort of ambassadors for IFB2016 comes as new data shows…
Under the UK Government’s Department for Business, Innovation and Skills, the Export Control Organisation (ECO) promotes global security through strategic export controls, facilitating responsible exports. They aim to help exporters sell their goods responsibly within the law.
The ECO provide a regularly updated web page to give you a snapshot of current performance against targets, and also how they are doing on a country-by-country basis. The page also provides guidance on export licence applications and various links to additional services to support export development. It’s a useful tool for potential and existing exporters.
Take stock of where your customers are today. Has anything changed in your international sales cycle for current markets? The landscape is changing all the time; are there emerging opportunities in countries you might not have considered before?
In April 2014 Lord Livingston wrote to every medium sized business in the country offering them tailored trade advice and an intensive programme of support from UKTI to help them start exporting or break into new markets.
Medium sized businesses are vital to the government’s long-term economic plan to reduce the deficit and create more jobs. The CBI estimates that if they reach their full potential, it would be worth £20 to £50 billion to the UK economy.
The UK is in South Africa’s ‘Premier League’ of trading partners, with an annual bilateral relationship over £9.6bn and is set to double following challenging targets set by ministers.
As part of Export Week, UKTI are delivering a free event for businesses covering culture and language.