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UK government to help businesses trade abroad

Wednesday 11 May 2011 - 16:30
UK government to help businesses trade abroad

A new initiative aimed at helping UK businesses to enter foreign markets has been launched by the government.

 

The Charter for Business has been drawn up by UK Trade and Investment (UKTI) and the Foreign and Commonwealth Office.

Under the plans, UKTI will adopt a more "entrepreneurial approach", actively seeking out foreign investors and helping British companies to break into new markets and boost the  volume of goods exported through international delivery and worldwide courier services.

The government’s business secretary, Vince Cable, said the ability of British firms to increase the volume of goods they export overseas is vital if the UK economy is to be rebuilt.

Trade and Investment Minister Lord Green said: "As UKTI seeks to become more entrepreneurial, it will bring more private sector expertise into its relationship with exporters and inward investors and develop new partnerships with key businesses which support SMEs."

Written by Richard Mercer 

 

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