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    UK launches plan to double overseas trade

    (Photo by Dan Kitwood/Getty Images)

    The government on Tuesday (16) has launched an ambitious new ‘Made in the UK, Sold to the World’ plan to help businesses across the UK double exports and sell their world-class products around the globe.

    The 12-point export strategy – published today (17) by the Department for International Trade – will give businesses the tools they need to become a nation of exporters and reap the benefits of our free trade deals.

    It includes an Export Support Service that offers a one-stop shop for exporting advice, and the launch of a new UK Tradeshow Programme better-tailored to help businesses, particularly those outside London and the South East, to attend and promote their products around the world.

    Unlocking the UK’s exporting potential will help level up the country and boost the UK’s economy, with government commissioned research estimating that exports supported 6.5 million jobs across the UK in 2016, and showing that exporters pay higher wages. Separate analysis shows that goods exporting businesses are on average 21 percent more productive.

    International Trade Secretary Anne-Marie Trevelyan is calling on businesses to ‘Race to a Trillion’ by seizing huge untapped opportunities on offer in the world’s fast-growing markets.

    This is a defining moment in our national trading story. As we agree ambitious new trade deals around the world, it is more vital than ever that businesses across the UK take advantage of these opportunities and unleash their full exporting potential,” Trevelyan said.

    “Our export strategy will help more businesses start exporting and help those who already export to sell more products to more countries. Reaching £1 trillion worth of exports by the end of this decade means more jobs, more opportunities and higher wages helping the UK to level up and build back better.”

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