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Welcome to Issue 4 of the UK Trade & Investment newsletter
There is little doubt that 2009 was a difficult year for businesses but as we prepare for a new financial year now is a good time to look ahead to consider what the future has in store.
Few of us have not felt the impact of the economic downturn and it certainly had a significant impact on the North East economy. But while it did lead to a fall in exports, the total annual value of goods exported from the region still stands at more than £10 billion.
Our international trade performance is something of which we can be proud and yet, for all our achievements in the global marketplace, the actual number of companies that export is still small.
North East companies have a lot to offer and UK Trade & Investment is here to help every step of the way – whether an experienced or novice exporter we want to help them make the most of the opportunities available in overseas markets. |
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Opportunity to join a group visit to the UAE
In partnership with County Durham Development Company (CDDC) and Durham County Cricket Club (DCCC), UK Trade & Investment is offering you the opportunity to join a group visit to the UAE in March 2010. Led by experienced International Trade Adviser Geoff Charlesworth the trip will include visits to both Dubai and Abu Dhabi.
The long term economic outlook for the UAE is positive. Designated one of UKTI's High Growth Markets the United Arab Emirates (UAE) is the largest market in the Middle East for the UK offering huge opportunities for British companies to develop their businesses in this vibrant economy.
David Coppock, UK Trade & Investment’s International Trade Director, said: “The markets of the Middle East offer huge opportunities for British businesses. Their economies are booming and trade is growing rapidly. There are opportunities in most industry sectors including energy and environment, defence, construction, financial, healthcare, transport, education and skills and professional services".
An integral part of this visit is a formal business reception that will be hosted by UKTI and local commercial officers in the Dubai Embassy enabling you to network and meet key heads of business from the region.
This visit also coincides with the inaugural floodlit four day match between the County Champions, Durham CCC, and the MCC, a match which acts as the official opener of the 2010 UK cricket season. This historic match will be highlighted by a formal reception being held at the Abu Dhabi Embassy on 28th March in conjunction with Durham CCC and hosted by the British Ambassador to the UAE offering the unique opportunity for networking and entertaining.
Find out more
» UKTI's Market Specialist Phil Dowrick talks about the Gulf markets (VIDEO)
» Sector reports for the UAE
» Doing business in the UAE
» Business Opportunities in the UAE
» Market Visit to the UAE
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The Weightless Economy: How service industries can trade internationally
Our international trade performance is something of which we can be proud and yet, for all our achievements in the global marketplace, the actual number of companies that export is still small.
Many service sector companies in the region are already competing successfully at an international level and UKTI are throwing down the gauntlet to challenge others to make 2010 the year to “Take it to the world”.
Companies need to prepare themselves so they are ready to take advantage of the opportunities as we come out of the economic downturn and the time is now right to take those all important first steps into a new market.
International trade is a key element of the region’s economic success and it’s been proven time and again that companies that export are more resilient. Our challenge is to ensure that businesses know that help is at hand to those wanting to navigate their way out of the recession by seeking out new business opportunities overseas.
Next month will see Service Network the only independent voice of the service sector in the North East of England and UKTI joining forces to host an event on how service industries can trade internationally.
On the day Simon Crosby, Lead International Trade Adviser, will demonstrate the pitfalls and opportunities for businesses looking to expand overseas and how adopting a sustainable approach to your business can generate new customers.
For further information or to book your place www.service-network.co.uk
(QUOTE UKTI to ensure you reserve a FREE place at the event) |
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Taking on the world
Tyneside firm has designs on taking on the world with its range of innovative and sustainable ”Eco” products with the help of UK Trade & Investment.
COHDA Design Ltd specialises in the design, manufacture and supply of innovative, contemporary products all with a focus on being sustainable. It has been summed up by the New York media as “Punk Rock ECO design”.
The Gateshead firm, launched in 2006, has already gained world-wide recognition for its innovation and Eco credentials and has now signed up to UK Trade & Investment’s Passport to Export scheme in a bid to explore new markets.
Richard Liddle, founder and Managing Director of COHDA Design Ltd, explained: “Our aim is to design, manufacture and supply innovative contemporary products that break down the pre-conceptions of what sustainable, innovative designs should be.
We signed up to Passport and have commissioned an Overseas Market Introduction Service (OMIS) report to help identify retailers and distributors across the world.” Already COHDA has set up links with retailers in the USA, Canada and Europe. It also recently started to enter the Asian market and has secured retail in central Hong Kong with a new design chain.
To read the full article Click here |
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| For more information about the support services available through UK Trade & Investment contact the North East International Trade Hotline on 0845 05 05 054 or e-mail enquiries@ukti.rito.co.uk |
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