The Government announced late last year initiatives to boost more exports to raise the export value to £1 trillion by the mid-2030s. The vision is to connect Global Britain to the markets of tomorrow, strengthen bonds with our closest partners, including Commonwealth countries, and build UK exports in developing markets. Almost 90% of world growth is expected to be outside the EU over the next 5 years and the future of the global economy lies to the east in the Indo-Pacific. By 2030, 65% of the world’s 5.4 billion middle-class consumers are expected to be in Asia.
The full Export Strategy contains the following 12 steps to getting the UK to £1tn of exports a year:
- Boost the Export Support Service – a new single point of contact for exporters to Europe which has been funded with £45m
- New DIT offices in Scotland, Wales and Northern Ireland, and a second DIT HQ in Darlington, will offer support across the UK
- An Internationalisation Fund for SMEs in England will aim to grow international sales, and has £4 million of support to attend trade fairs
- Export credit agency UK Export Finance to expand its products and delivery network, making it easier for exporters to secure business overseas
- The government will focus on strengthening a joint approach, connecting governments and business through its global networks
- The UK Export Academy will expand to teach SMEs in all parts of the UK how to navigate the technicalities of exporting
- ‘Export Champions’ will help businesses learn from exporting successes through networking and peer-to-peer learning
- The ‘Made in the UK, Sold to the World’ campaign will champion the UK’s priority sectors
- A “bigger and better” UK Tradeshow Programme will be targeted to help SMEs exhibit at the world’s biggest tradeshows
- Exporting will be “at the heart of reforms to regulations, cross-government measures and regulatory diplomacy” to help exporting thrive
- International teams in more than 180 global markets will provide sector and market specific support
- New markets will be opened for export with new trade deals aiming to cover 80% of UK trade by the end of 2022, and broader work to remove market access barriers.
The regulatory environment for products and services is increasingly complex and differs from country to country – Ensuring that labelling complies with local legislation avoids wastage, loss and delay.
With our holistic approach to multilingual pack copy management, we guide and navigate customers through the maze of regulations, so that their labeling complies from the outset. We combine extensive language capabilities with proven project management skills when handling complex needs.
Our specialists provide:
- Accurate information on the local laws in the target market.
- Compliant labelling advice for general merchandise and food products, and allergen information.
- Artwork design, validation or redesign so that symbols and claims on packaging are compliant.
- Market intelligence concerning legal constraints and implications for different products.
Why not explore our services for translation, compliance and artwork for businesses who wish to export and import where these services are vital to your business.
K International – Your One-Stop Translation and Creative Marketing Agency
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… and a contagious passion to make your project a success.
We take the time to understand your company and the challenges you face, collaborating to offer the best possible solution for your needs.