Manufacturers' organisation EEF has signed a partnership agreement with the Government’s trade body, UKTI, to help boost exports and attract more businesses to invest in the UK.
EEF, which represents manufacturers ranging from global corporations to SME sized businesses, aims to support UKTI in achieving the Government’s £1trn export target by 2020.
The agreement, signed by UKTI CEO Dominic Jermey and EEF CEO Terry Scuoler, will see both organisations working closely together to build stronger partnerships with manufacturers, boost overseas trade missions and raise greater awareness of the support available from UKTI.
Terry Scuoler, CEO of EEF, said: “Improving our export performance is key to helping Britain achieve the better-balanced economy needed to deliver long-term stability and growth. UKTI has a vital role to play in helping companies to increase their global footprint.
“We will now work together to ensure that manufacturers are aware of the support it provides in finding new markets overseas, as well as smoothing the way for new exporters.”
Dominic Jermey, CEO of UKTI, added: “The scale of ambition to achieve our £1 trillion export target by 2020 will require a full team effort with Government and business working together. This partnership will be a very positive step forward towards this goal.”