Manufacturing Partnership Set To Boost UK Exports
Manufacturing companies are set to benefit from a new partnership designed to boost UK exports.
A memorandum between the manufacturer’s association EEF and UK Trade and Investment will help the two organisations to work together in promoting exports to emerging markets such as Brazil, China, Russia and India.
The agreement comes after a survey by EEF revealed that 40 percent of manufacturers make over half of their total turnover from exporting goods.
The partnership will help to give manufacturers opportunities to work with overseas markets, through seminars and events to help manufacturing companies learn about export opportunities and activities.
EEF Chief Executive Terry Scuoler said: “Exports are the lifeblood of UK manufacturing and, with the prospects for international trade remaining very positive, it is vital for our econimc prospects that we take every opportunity to boost our performance.
“By combinig the expertise of UKTI with EEF’s access to market, companies will be set fair to reap the benefits of the unique expertise to which they will gain access.”