UKTI regional-director urges North West firms to export
Businesses in the North West have been urged to explore export
opportunities by UK Trade and Investment (UKTI) in the region.
Clive Drinkwater, regional director for UKTI North West, has
encouraged companies to stay ahead of the game by investigating
routes into Brazil, Russia, India and China, as well as expanding
markets like Colombia, Indonesia, Africa, Eastern Europe and
Mr Drinkwater commented: "In ten years' time world population
will have grown by a further 1 billion people, almost all of that
in emerging, high growth economies.
"With our current biggest markets experiencing the slowest
growth rates, we desperately need to embrace the opportunities that
exist in developing markets or risk being left behind.
"An ability to trade anywhere in the world will be a defining
characteristic of the most successful business of the future,
enabling them to reach many millions of potential new customers and
we want to help companies achieve this objective.
"It is, therefore, very encouraging to see North West firms
leading the way in tackling some of these growth markets but we
need to do better still.
"Currently 7 of the world's top 10 fastest growing economies are
in Africa. In 10 years' time all of the top 10 fastest
growing economies will be in Africa.
"Across the world, countries are experiencing levels of growth
unattainable in Western Europe and we need to make sure we are
sharing in that growth."
UKTI North West will be holding an 'Export Week: High Growth
Markets' event between 13th and 17th May to boost the region's
exports to expanding markets.
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Source - www.bdaily.co.uk