NewsCase StudiesEvents

Plans for India network of British business centres unveiled

Also in the news...

UK Export Finance is ‘open for business’ with billions available for exporters

Exports Minister, Mike Freer, delivers keynote speech at the UK Trade and Export Finance Forum

Trade Secretary to boost transatlantic trade and investment on first US visit

International Trade Secretary will lay groundwork for broad approach to transatlantic trade and investment in first official visit to New York and Washington DC

Points-based immigration system: delivering on people’s priorities

One year ago a new immigration system launched, with visa routes attracting skilled workers across construction, hospitality, health, social care, science and research.

UK Tradeshow Programme

The UK Tradeshow Programme offers government support to help UK businesses successfully attend or exhibit at overseas trade shows.

New Legal Regime on Stamp Duty Charges in Nigeria under the Finance Act, 2019

The Finance Act, 2019 amended some provisions of the Companies Income Tax Act, Petroleum Profit Tax Act, Personal Income Tax Act, Value Added Tax Act, Customs and Excise Tariff etc. (Consolidation Act), Capital Gains Tax Act and Stamp Duty Act.

Plans for India network of British business centres unveiled

Back to News

Plans to develop British business networks in high growth and emerging markets took a further step forward today.

Plans to develop British business networks in high growth and emerging markets took a further step forward today.

Trade and Investment Minister Lord Green convened a conference of representatives of 20 overseas business networks, UK business organisations and Local Enterprise Partnerships, the first of its kind. UK Trade & Investment (UKTI) is working with them to build stronger business-to-business support services in twenty priority markets.

The first £1.1 million business-led, pan-India network was announced today, led by the UK-India Business Council, with support from India-based British business groups.

By the end of March the government plans to have agreed partnerships with business groups in a quarter of the 20 markets, half by the end of April and the rest by the end of June.

Trade and Investment Minister Lord Green said:

Britain needs more businesses to get exporting to the fast growing nations of the world – it’s a vital part of our plan for growth. But we need to make taking the first step into an offshore market much less challenging for small and medium-sized exporters.

British overseas business networks have traditionally not supported exporters to anywhere near the extent that our European and other major competitors have and we must close this gap. We need a vibrant network of British business groups supporting UK SMEs abroad, particularly in our priority markets.

The range of support offered by these networks will vary according business need and could include for instance mentoring, office space, familiarisation visits and market introductions.

gov.uk

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.