- By Buckinghamshire Business First
- 29 August, 2018
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A target has been set to increase exports from 30% to 35% of UK GDP, with the new strategy aiming to boost productivity and wages.
To be delivered by the Department for International Trade (DIT), the strategy outlines how the government aims to support businesses of all sizes to make the most of trade opportunities across the world. It also sets out the ambition to increase exports to 35% of UK GDP.
The government has outlined four ways in which they will offer export support, stating that they will:
- encourage and inspire businesses that can export but have not started or are just beginning
- inform businesses by providing information, advice and practical assistance on exporting
- connect UK businesses to overseas buyers, markets and each other
- put finance at the heart of their offer, ensuring no viable UK export fails for lack of finance or insurance
Read the Export Strategy
You can read the government’s new Export Strategy here, and find out more detail behind it here.
Contact us for export support
If you want to get started with exporting but aren't sure where to begin, speak to our business support team who will be happy to help guide you. Call 01494 927130 or email BusinessSupport@bbf.uk.com.