Demand for UK goods to grow | Commonwealth trade| FDI opportunities

Posted on 18/04/2018 by DHL Express

Demand for British goods continues

According to new figures released by the Office of National Statistics, demand for world class British goods and services continues to grow.

UK exports rose by £59.4 billion to £627.6 billion between March 2017 and the end of February 2018, a 10.4 per cent increase.

Along with these positive results, HSBC also released a report revealing that growth in UK exports is set to double by 2030.

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Commonwealth trade ties

At the Commonwealth Heads of Government Meeting 2018, the Prime Minister and International Trade Secretary set out new measures to improve trade between the Commonwealth countries.

The Commonwealth is home to one third of the world’s population, 60 per cent of which are under the age of 30. It contains some of the world’s fastest growing economies and accounts for one-fifth of global trade.

Dr Liam Fox outlined the UK’s ambition to become the global champion of free trade across the world, driving economic growth in the process.

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Opportunities to further boost UK trade

International Trade Secretary, Dr Liam Fox, announced that his department will be promoting more than £30 billion worth of FDI (Foreign Direct Investment) opportunities.

The Invest is GREAT website will publicise more than 60 opportunities for global investors who are attracted to the UK’s open, liberal economy and this will help drive growth across the country.

UK Invest is set to launch in the coming weeks and will be hosted on invest.great.gov.uk.

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