A new whole-of-government approach to boosting British exports delivered through a transformed, UK Trade and Investment (UKTI), focused on priority markets and sectors, has been announced today by trade minister Lord Maude.
UKTI will be at the centre of this new approach, overseeing and co-ordinating export performance on behalf of the Cross-Government Exports Implementation Taskforce, led by Business Secretary Sajid Javid.
Business Secretary Sajid Javid said: “To improve the UK’s export performance we need to get the whole of government mobilised and working towards the same goal. By putting a refocused UKTI at the centre of a co-ordinated cross-Government approach relevant departments will share expertise to get UK businesses exporting.”
Time to ‘move the needle’
Trade Minister Lord Maude said: “To move the needle on exports and meet our commitments we need to do things differently. We want to make the UK the easiest country in the world to do trade with by making it easier, faster and simpler for more UK businesses to start exporting, generating a more vibrant export support marketplace, and giving more financial support to exporters. The use of new, lower-cost, digital technologies will help us do more for businesses, more efficiently.
“We will co-ordinate the energies of the whole of government on boosting exports, sharing responsibility across departments, harnessing their deep sector knowledge, focusing on priority targets, and monitoring progress closely. UKTI will be at the heart of this work, as well as retaining its remit to attract and support investment to the UK, but we are bringing together all of government to play a role.”