The British government launched a plan on Wednesday to boost its exports by developing financial and administrative aid and wants to reach 1000 billion pounds of goods sold abroad, against 600 billion last year.
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London wants in particular to boost its financial aid for exports through its UK Export Finance program, and to dedicate 4 million pounds to a fund for SMEs in England to help them increase their export sales.
Other measures of a "twelve point plan": launch a promotional campaign, an export support service for companies selling goods and services in Europe, knowing that Brexit has complicated procedures.
An 'Export Academy' will be launched to help SMEs navigate through formalities, and a new fair to showcase UK exporting companies will be launched.
"Key moment in our history"
"We are at a key moment in our national trade history
,
"
commented Minister of International Trade Anne-Marie Trevelyan.
"While difficulties persist in international trade
,
"
particularly because of the crisis in supply chains,
"and as businesses continue to adjust to the UK's new relationship with the European Union, companies need to have future opportunities in view
,
”
adds Karan Bilimoria, president of the CBI employers' organization.
Leaving the EU has become a reality since January 1, and Boris Johnson's conservative and pro-Brexit government has vowed to give a new impetus to British international trade.
While several free trade treaties have been signed by London, including one with the EU, a major trade agreement with the United States desired by Boris Johnson's government is not yet in sight.