by Mediateam | Oct 10, 2019 | Global News
International Trade Secretary Liz Truss has launched a new strategy to boost trade and investment into the UK’s multibillion-pound maritime sector. The five year plan will focus on digital technologies, green maritime, autonomous vessels, marine science and maritime professional and business services.
The International Trade Secretary said: “Our Trade and Investment 5 Year Plan sets out how we can showcase our global capabilities in maritime technology, science and shipbuilding.” Read more >
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by Mediateam | Sep 30, 2019 | Exports, Government News
A UK-Lebanon Association Agreement has been signed by both nations, ensuring British businesses and consumers will continue to benefit from preferential trading terms after leaving the European Union.
Trade between the UK and Lebanon was worth £603 million in 2018. Minister for the Middle East and North Africa Dr Andrew Murrison said: “The economic and trade relationship between our two countries holds much potential. I look forward to more British and Lebanese companies doing business with each other.” Read more >
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by Mediateam | Sep 18, 2019 | Exports, Government News
The UK and Korea have signed a joint statement for trade continuity that will allow businesses to keep trading freely even after the UK has left the European Union. This will help to strengthen the trading relationship between the UK and Korea further, which in 2018 was worth £14.6 billion.
International Trade Secretary Dr Liam Fox commented on the increasing value of trade between the two nations: “Providing continuity in our trading relationship will allow businesses in the UK and Korea to keep trading without any additional barriers, which will help us further increase trade in the years ahead.” Read more >
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by Mediateam | Sep 11, 2019 | Exports, Global News
The Department for International Trade (DIT) has praised Scotland’s £1 billion fish industry. Latest statistics from HMRC show that goods exports from Scotland grew faster than any other part of the UK in the year to March 2019, now worth £32.8 billion.
In 2018 fish exports from Scotland to China were worth £97 million, China is Scotland’s top destination for fish exports outside of the EU and third largest destination in the world. The USA is the fourth largest destination for Scottish fish, with exports worth £89.5 million last year. Read more >
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by Mediateam | Aug 30, 2019 | National news
New data released by HMRC has shown a rise of goods exports in every UK nation in the 2018/19 financial year. Goods exports from England grew at 3 per cent to £251.9 billion, Scotland at 12.9 per cent to £32.8 billion, Wales at 7.5 per cent to £17.7 billion and Northern Ireland grew at 4.4 per cent to £9.0 billion.
In the first quarter of 2019 there were 110,831 UK businesses across the country exporting goods, an increase of 5,073 compared to the same period last year. There are now more businesses exporting goods in every UK nation than ever before. Read more>
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