The Export Connect conference is free to attend – passes are allocated on a first come, first served basis for attendees of manufacturing companies. Subscribers to The Manufacturer are guaranteed a place.
Increasing Exports has been identified as a key component for a sustained recovery and to create long term growth for British Manufacturing. Both government and industry leaders have set out ambitious targets aimed at reducing the trading deficit within the UK. British companies have been successful at trading with longstanding partners such as the EU, however there is an increased emphasis on reaching out to emerging industrial economies which could provide strong markets for British goods, where demand for British products is growing.
This highly interactive conference will focus on providing practical advice for companies who are considering expanding their export efforts; targeting known trade barriers and provide an effective roadmap for achieving overseas growth.
In addition the conference will explore potential opportunities in selected highly attractive markets that so far have been difficult to access for many in the manufacturing industry. Discussion will also focus on possible challenges in areas of: regulation, finance, logistics, marketing and cultural differences.
Topics and themes include:
Building successful working relationships with distributors and partners abroad
Exploring opportunities available in key target markets for British manufacturers
Researching and building an understanding of prospective markets and developing products in line with market requirements and regulations
Practical solutions and strategies in overcoming the most common trade barriers
Financial considerations for British manufacturer’s seeking to start export operations
Benefits of attending:
Through participation in spotlight panel sessions you will gain a better understanding of the opportunities and challenges associated with key export markets in order to understand the considerations which can affect your business’s export ambitions
Understand the cultural and regulatory barriers that can significantly impact all aspects of the delivery of your business projections and projects
Learn how to formulate and apply successful export sales and marketing strategy that takes advantage of business opportunities available through establishing partnerships with governments, distributors and partners to enable your business to grow to its full potential
Minimise the financial risks by exploring available options and adopt workable solutions that are tailored to a specific market and therefore define your export strategy
Save time and learn what steps need to be taken to correctly qualify a new market to enable you to establish
Understand the importance of creating a product in line with regional tradition, market requirements and demands of the customer to create added value to your export business
Cy joined Cressall in July 2006 as Operations Director with responsibility for Manufacturing, Engineering, Design, QSH&E, MP&L, Manufacturing Engineering, IT and ERP/Business systems across two UK manufacturing sites. Cy’s brief was to deliver business transformation through Lean activities which included the business systems and ERP use within the organisation. Cy gained an MBA in Engineering Management in 2009 and in 2011 was promoted to Managing Director. He remains dedicated to Lean transformation and working tirelessly towards a better, faster and more efficient operation.
Export Control Manager - Marshall Aerospace and Defence Group
Laurence is a French native. She has lived in the UK for the last 20 years. Laurence studied law in France and in the UK. She has a French Master in International Commercial Law and a UK Master of Laws. Laurence has 14 years of experience in Aerospace & Defence (A&D) Industry and in UK, EU and US export controls. After four years as an export control consultant for Deloitte, Laurence returned to Industry in April 2012, working as an Export Control Manager for Marshall Aerospace & Defence Group, in the UK, where she is responsible for all aspects of export control matters, including the maintenance of an efficient internal compliance programme and the provision of export control advice to the Marshall Aerospace & Defence Group. Laurence is a member of the Export Group for Aerospace and Defence (EGAD) and sits on various EGAD sub-committees working closely with Industry and the UK government on export control regulatory issues. In 2014 she was short-listed in two categories for the Women in Compliance Awards.
A former Rolls-Royce engineer, Adrian Maxwell joined Fracino – the UK’s only manufacturer of espresso and cappuccino machines, which sells its machines to the Italians – in 1987. Becoming MD in 2007, Adrian drives the expansion of the 50-strong, third generation family business launched in a garden shed in 1963 by his father Frank.
From a standing start in 2008, exports now represent 28% of Fracino’s unprecedented £4.1m turnover and the business exports to over 70 countries. Last year Fracino was invited by Number 10 Downing Street to loan 11 of its Piccino espresso machines to the G8 Summit. Constantly innovating, Fracino has developed six new machines in as many years – with another machine due to be launched.
Industrial Chemist, Frank Howard, started his own business in 1979 exporting industrial chemicals, pesticides for agriculture and insecticides for environmental health programmes. Now as Managing Director of Hockley International Ltd he leads an SME with sales of £20 million to some 60 countries
Andrea has been an Export Finance Adviser for UK Export Finance since October 2012 covering the South East. She has built up strong relationships across the region with the banks, alternative finance providers, LEP’s, Chambers of Commerce and exporters. Andrea has supported exporters across the region helping them access UKEF support and providing impartial advice on mitigating payment risk on export contracts.
Cheshire born and bread Ed started his career working for an independent fuel company managing a small commercial lubricants distributor. After spending 9 years working in the oil industry, Ed decided that a move was in order and in 2004 approached Roger and Liz Sutton about a move to Delamere and into the UK’s dairy industry.
Initially appointed as Delamere’s Sales Manager Ed helped to develop sales within the multiple markets and build upon relationships within the dairy sector. Over a four year period Delamere strengthened its position within the industry and on the back of this Ed was appointed Delamere’s Commercial Director in December 2007.
Following a MBO / Management restructure in October 2008 Ed became co owner of Delamere with Roger and Liz and has steered the business through the economic events of the past few years.
Paul is a founding member of Shott Trinova LLP and a board member of Kiln Flame Systems Limited. He is a graduate of Newcastle University and a KPMG-trained Chartered Accountant.
He has developed his technical, managerial and leadership skills during two decades in senior finance roles in international organisations (public, private and private equity backed) in the food, energy services and pharmaceutical industry.
In 2004, he became a director and shareholder of a small company in the pharmaceutical sector, Excelsyn. Despite challenging economic conditions and a tough environment for bank debt, the business grew significantly and was sold to a US multinational in February 2010, with market leading returns. Paul is passionate about creating sustainable growth in SMEs. He is a calm, pragmatic and results focused professional who delivers exceptional value growth though a relentless focus on cash and profit.
Director of International Business and E-Commerce - Typhoo Tea Ltd.
Rahul is originally from India. After a post graduate degree in International business from a reputed business school in India, he was posted in Moscow, Russia for TATA Group (one of the largest business conglomerate in India) where he was responsible for various business roles in diverse business areas such pharmaceuticals, trading, tea, telecommunications to name but a few. Rahul then moved to England to pursue a full time MBA from Henley Management college. Upon completion of MBA, Rahul joined the TATA Group once again this time based in London looking after their retail consumer telecommunications business for North America and Europe. Rahul joined Typhoo Tea in 2009 as the head of International sales and since then been a champion of growing their export business in more than 40 countries. Typhoo tea was awarded a bronze medal in 2012 for outstanding export achievement by FDF (Food and drink federation) and has been recently nominated for the same award for 2014.
Tom is a regulatory lawyer with expertise in compliance, investigations and corporate criminal defence. He is experienced in cases concerning export controls and trade sanctions, bribery, money laundering, product safety, health and safety, and other regulatory offences. Tom has successfully defended numerous criminal cases and he regularly advises on the conduct of internal investigations into potential criminal infractions. He also regularly provides risk management advice and training to help companies comply with laws which attract criminal consequences, particularly in the area of export control and trade sanctions. Tom is a Director of Complete Electronic Risk Compliance Limited (Cerico), a company formed by Pinsent Masons to deliver compliance technology and solutions.
I studied at Engineering at York University. I have had a passion for food from an early age, and have continued that in my career path. I started at Geeta’s Foods back in 2002. Being a small entrepreneurial business, I quickly got involved in most aspects of the business.
I have started working on Export development for over 10 years, and now have a wealth of experience. Export plays an important part of our business strategy. I am now responsible for all our export markets, and have high ambitions and targets to continue growing this, and helping Geeta’s become the leading Premium brand in the ambient Indian category.
Ewan Lloyd-Baker has worked in corporate turnaround and corporate finance both as a principal and adviser for nearly 20 years. He started his career at Arthur Andersen working in corporate recovery and corporate turnaround with a number of privately owned and publicly listed companies. As a principal, he was part of the management team in a venture capital backed start-up which was ultimately sold to Reuters. He then helped set up a FTSE100 corporate incubator before completing his Masters of Business Administration. Ewan is a partner in Lloyd-Baker & Associates, a merger and acquisition boutique, which for over a decade has focused on acquiring a number of companies on behalf of its clients in deals ranging from £1 million to £20 million with a particular focus on the engineering and manufacturing sectors. Ewan was responsible for finding the original Hayward Tyler opportunity by setting up the acquisition vehicle, brokering the deal, managing the finance raising process and reversing the Company into an AIM listed PLC. He subsequently led the restructuring of the main operational business during the recession and is now focused on leading the Group through its next phase of growth.
Stephen joined the Hughes Group in early 2009 and had a background in accountancy with training completed 30 years ago with a well-known North West Regional firm, since moving into industry in 1984 he has held a number of CFO and MD roles across industry. 1984 4 years: CFO of subsidiary company in property development group. 1988: 16 years CFO then MD of healthcare company within PLC group. Skilled in Business Development, Finance, Innovation and General Management, within Hughes Group he has had an initial focus on financial and systems development to meet the needs of a fast growing manufacturing and exporting Group and is now focusing on the commercial development of overseas markets, overseas subsidiary offices and the logistical challenges of meeting the expectations of its largest new marketplace – North America.
Mark has over 25 years banking & business experience in a wide variety of roles in the corporate and commercial banking arena. Mark heads the Santander International Team in the UK focussed on helping SME’s growing overseas. He has previously headed up International, Working Capital, Cash Management & Foreign Exchange Teams for other banks in the UK Market. Mark has also spent time building businesses in the SME market that trade internationally whilst away from the banking sector during the past 10 years.
Owen is a project manager who is an experienced Market Researcher and Chartered Marketer. He has lived in several Asian countries and specializes in these markets. Using a customer-centred approach; he has delivered a range of projects on time and in budget.
With engineering and marketing degrees, Owen has worked within various business sectors including: engineering, hospitality and education. He has established and grown profitable operations; from start-up to £million+ revenues.
Owen has worked at Norbar Torque Tools since 2011, where he has responsibility for Middle East and Asia – plus aviation.
Owen is married to Sarah, with two children – his bosses!
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Welcome and Introduction by the Chairman—2014-09-09T9:30:002014-09-09T9:00:00
9:30 -
9:00
Welcome and Introduction by the Chairman
James Pozzi, Associate Editor, SayOne Media
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Are your Business Activities Abroad and Exports Affected by Export Controls?—2014-09-09T9:35:002014-09-09T10:00:00
9:35 -
10:00
Are your Business Activities Abroad and Exports Affected by Export Controls?
Laurence Carey, Export Control Manager , Marshall Aerospace and Defence Group
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Overcoming Cultural and Regulatory Barriers—2014-09-09T10:05:002014-09-09T10:00:00
10:05 -
10:00
Overcoming Cultural and Regulatory Barriers
Cy Wilkinson, Managing Director, Cressall
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Seizing the opportunity for Growth in Far East Markets—2014-09-09T10:35:002014-09-09T11:00:00
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11:00
Seizing the opportunity for Growth in Far East Markets
Ed Salt, Managing Director, Delamere Dairy
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Networking Coffee Break—2014-09-09T11:05:002014-09-09T11:00:00
11:05 -
11:00
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Export Finance Stream—2014-09-09T11:35:002014-09-09T12:00:00
11:35 -
12:00
Export Finance Stream
Navigating Through Complex Export Finance Options
Andrea Walker, Regional Advisor, UK Export Finance
Distribution Stream
Which Markets Next? – A Tool to Help Companies Decide, From 2 to 200 Options
Owen Hillis, Business Manager, Norbar Torque Tools Ltd
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Export Finance Stream—2014-09-09T12:05:002014-09-09T12:00:00
12:05 -
12:00
Export Finance Stream
How to Minimise Financial Risks When Exporting to a New Market
Paul Ryan, Finance Director, Kiln Flame
Distribution Stream
How to Identify Distributors in Overseas Markets
Rahul Kale, Director of International Business and E-Commerce, Typhoo Tea Ltd.
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Export Finance Stream—2014-09-09T12:35:002014-09-09T13:00:00
12:35 -
13:00
Export Finance Stream
Key Considerations in Selecting the Most Appropriate Finance Provider When Looking to Go Global
Mark Collings, Director, International, Santander
Distribution Stream
Researching and Building Relationships with Distributors and How that Affects Your Export Journey
Nitesh Shah, Export Sales Development Manager, Geeta's Foods
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Networking Lunch—2014-09-09T13:05:002014-09-09T14:00:00
13:05 -
14:00
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Export Finance Stream—2014-09-09T14:05:002014-09-09T14:00:00
14:05 -
14:00
Export Finance Stream
How Trade and Financial Sanctions against Russia and Iran Effect UK Exporters
Tom Stocker, Partner , Pinsent Masons
Distribution Stream
Selling Coffee Machines to the Italian Market: A Strategic Export Route to Success
Adrian Maxwell, Managing Director, Fracino
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Export Finance Stream—2014-09-09T14:35:002014-09-09T15:00:00
14:35 -
15:00
Export Finance Stream
Making Export Finance Work - A Case Study
Ewan Lloyd-Baker, Chief Executive Officer, Hayward Tyler Group PLC
Distribution Stream
Considerations for Entering a New Market
Frank Howard, Managing Director , Hockley International Ltd
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/The Hughes Export Experience—2014-09-09T15:05:002014-09-09T15:00:00
15:05 -
15:00
The Hughes Export Experience
Stephen Dootson, Group Financial Director, JD Hughes Group PLC
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Networking Coffee Break—2014-09-09T15:35:002014-09-09T16:00:00
15:35 -
16:00
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/China—2014-09-09T16:00:002014-09-09T16:00:00
16:00 -
16:00
China
Regional Spotlight
James Pozzi, Associate Editor, SayOne Media
India
Regional Spotlight
Nitesh Shah, Export Sales Development Manager, Geeta's Foods
South America
Regional Spotlight
Frank Howard, Managing Director , Hockley International Ltd
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Short Break—2014-09-09T16:35:002014-09-09T16:00:00
16:35 -
16:00
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Middle East—2014-09-09T16:40:002014-09-09T17:00:00
16:40 -
17:00
Middle East
Regional Spotlight
Stephen Dootson, Group Financial Director, JD Hughes Group PLC
North America
Regional Spotlight
Rahul Kale, Director of International Business and E-Commerce, Typhoo Tea Ltd.
Asia
Regional Spotlight
Ewan Lloyd-Baker, Chief Executive Officer, Hayward Tyler Group PLC
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdomhttp://www.waldorfhilton.co.uk/Chairman's Closing Remarks—2014-09-09T17:15:002014-09-09T17:00:00
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17:00
Registered address: 7 Granard Business Centre, Bunns Lane, Mill Hill, London NW7 2DQ Registered in England and Wales Registration No. 6412064 VAT Registration No. 921 7871 12
At Santander Corporate & Commercial, we are fully committed to supporting manufacturers and appreciate you need something different from your banking and finance partners. The complex nature of your business requires support from a bank that understands your industry, will deliver on its promises and believes in building long-term relationships.
Whether you are a small family company or a global corporation, we will strive to understand your unique needs and to make banking straightforward, so you can focus on what is important to you.
Your dedicated, expert Relationship Director will work with you to tailor a finance package that will meet all of your needs. We have a range of products available to help you manage your day-to-day cash flow, purchase essential equipment, invest for growth and mitigate financial risks when trading in both domestic and international markets.
We’ll work hard to do right by you and your business now and in the long term. It’s thanks to this approach that we’re proud to say 4 out of 5 of our business customers would recommend us*.
Pinsent Masons is an international law firm with a long-standing reputation for delivering a high quality service and adding real value for clients.
After decades of advising clients in the Advanced Manufacturing & Technology Services sector, Pinsent Masons has an extensive understanding of these businesses and the industries in which they operate. Our clients in this sector manufacture specialised products, sell technology related services, or have a high value service delivery proposition.
Pinsent Masons has strong global credentials in four sectors: advanced manufacturing and technology, energy and natural resources, financial services and infrastructure. With offices across Europe, the Gulf and Asia Pacific, Pinsent Masons acts for many firms within the FTSE 350, covering a wide range of services from corporate, M&A and financial services, to outsourcing, technology, employment and construction.
Papaya provides affordable and effective business solutions through web/cloud based applications.
By providing effective tools across the business for managing Induction, Assessment, Training and Reporting, Papaya can ensure up-to-date information is accessible by your staff wherever they are located.
Papaya’s unique offering allows for a flexible approach, selecting from a library of applications tailored to meet the needs of your business. Papaya can also support your business with services such as Health Screening, Drug & Alcohol Testing and PPE/Workwear provision through our team of consultants. With a quantifiable ROI, Papaya can deliver tangible benefits to your business and make a real difference.
SDL allows companies to optimize their customers’ experience across the entire buyer journey. Through its web content management, analytics, social intelligence, campaign management and translation services, SDL helps organizations leverage data-driven insights to understand what their customers want, orchestrate relevant content and communications, and deliver engaging and contextual experiences across languages, cultures, channels and devices.
SDL has over 1,500 enterprise customers, over 400 partners and a global infrastructure of 70 offices in 38 countries. We also work with 72 of the top 100 brands.
The Manufacturer magazine in conjunction with the leading automation equipment suppliers has established The Automation Advisory Board to educate owner-managers and factory directors about what automation equipment can do and the benefits it can bring to UK manufacturers.
Automation needs to rise to the board level in companies of all sizes, but especially larger SMEs where the capital equipment could make a profound difference to winning contracts. Companies in non-auto sectors, who are unfamiliar with the range, capability and simplicity of automation kit, need and deserve to know what automation options are available.
In 2015, it is a business risk not to be informed about the benefits this technology can bring.
Lean Management Journal is a leading publication on lean and continuous improvement offering in-depth analysis, comment, case studies and reviews to give insight into the most important issues facing the lean community.
Since its launch in 2009, LMJ has laid the foundations of a strong international readership community. Subscribers are based in Scandinavia, United States, Argentina, and Australia to name just a few of the nations outside the UK where lean professionals are benefitting from the knowledge exchanges LMJ facilitates.
Breaking down traditional conceptions about lean, LMJ is a cross-sector publication with contributions in every issue from public and private sectors lean leaders in businesses specialising in everything from car hire to financial services, healthcare and telecommunications as well as the traditional manufacturing base.
Ten issues of the journal are published every year, providing more frequent updates on the latest noteworthy events, debates and achievements from within the lean community.
The Manufacturer MX Awards (TMMX) is an annual awards programme delivered by The Manufacturer in association with the Institution of Mechanical Engineers (IMechE).
TMMX was formed in 2015 by the merger of two of the industry’s leading awards programmes: The Manufacturer of the Year Awards and the Manufacturing Excellence (MX) Awards.
With a combined heritage spanning four decades, TMMX is dedicated to encouraging and promoting competitive manufacturing in the UK, and celebrating the very best in the industry annually.
Through a dedicated Exporter of the Year category, the awards recognise those companies achieving strong and sustainable business growth through international trade and collaboration and those demonstrating a lean, cost effective and environmentally responsible approach to exporting.
To find out more about the awards programme, visit the website below.
The WhichERP? Diagnostic Tool is easy to use and will match the requirements of your business with the most suitable ERP solutions available. Complete the ERP selection process in under a minute and receive your results instantly via email!
GTR is a world-class publisher and event organiser for the global trade, commodity, export and supply chain finance industries.
Through its market-leading magazine Global Trade Review (GTR), it provides essential news and analysis for corporates, bankers, lawyers and insurers working in sectors such as trade and commodity finance, export finance and supply chain finance.
GTR’s conferences, seminars, workshops and networking events offer unrivalled insight into these financial markets, with focused panel discussions, high-quality presentations and a host of well-regarded speakers against a backdrop of highly-targeted peer networking gatherings.
Asia’s relatively high growth forecasts make it a key target market for British manufacturers with expansion plans. China and India lead the world in terms of economic growth forecasts for 2012 and are likely to be the driving force behind the global economic recovery for quite a few years beyond that. If you couple this with the burgeoning middle class and growing consumerism across many countries in the region, targeting Asian countries seems like the most profitable and logical option for any business looking for new markets.
China is expected to displace America as the largest economy in the world, and India is likely to overtake Japan to become the third largest economy, while steady to strong growth is expected from a number of other Asian countries including Russia, Indonesia, Malaysia, Thailand, Hong Kong and Iran.
South America is ripe for small British companies interested in expanding their export efforts. The region is rapidly expanding, demand is growing, and most of its economies are open to trade. Countries in South America are more accessible than other countries, such as China, and much new growth in the world economy is taking place in countries like Brazil, Colombia and Mexico. UK exports of goods to Mexico, for example. Have grown by over 60% since 2009, and export services to Columbia have tripled.
With an abundance of opportunities for British Manufacturers in the fields of aerospace, automotive and energy, South America is and will continue to be a key trade market for companies keen to expand their export efforts on an international level.
Despite its volatile reputation, the Middle East can be fertile ground for small business exporters. Although oil dominates the trade landscape in the Middle East, there are a multitude of other products that are exported from and imported to the region on a daily basis. Electronics, food products, and other consumer goods are in high demand throughout the Middle East, and many countries look to British businesses for the merchandise their people desire.
Key sectors for the UK in the Middle East are: infrastructure (construction and mass transport); energy; defence and security; education and training; financial and professional services; and creative and media.
The United Arab Emirates (UAE) is the UK’s largest civil export market in the Middle East and North Africa. It is the UK’s 13th largest export of goods market at around £5.1 billion and is designated as one of the UK Trade & Investment High Growth Markets.
India may be a complex and challenging market but it is a one that cannot be ignored by UK companies that are seeking to expand and go international. India is the second fastest growing economy in the world, after China, with growth of 4.7% in 2014 and forecast for 6% to 7% by 2016.
India has a rapidly expanding consumer base, and with the removal of the majority of its trade barriers, it now holds huge investment potential for UK manufacturers. This potential is clearly shown within the automotive industry, as India is expected to become the world’s largest vehicle producer by 2020, making it the ideal market for companies looking to expand internationally. The UK has strong ties with India, and UK companies are well positioned to take advantage of this growing export and investment market.
The USA has the largest and most technologically powerful economy in the world and is Britain’s largest single export market. The U.S. economy is integrated and largely self-contained, with every major industry represented. U.S. manufacturers often source components overseas and UK goods have traditionally enjoyed a good reputation for quality in the United States.
As the UK’s top export destination, the USA is ranked as the fourth easiest country to do business with, and is, and expected to continue to be, the innovation centre for the world. With negotiations underway for the new Transatlantic Trade Investment Partnership, even more opportunities will arise for the UK, especially as a result of removing trade barriers by lowering tariffs and making regulations similar, adding as much as £10 billion annually to the UK economy in the long term.
China is the UK’s main importer, and is a top 10 export destination for British goods. Since 2009, exports to China have doubled, and now exceed £1 billion per month. In 2011 UK exports to China were £13.78 billion in total, up 17.6% from the year before. Being roughly the same size as the United States and for that reason the 4th largest country in the world, China has a population of over 1.37 billion people, a fifth of the world’s total. It is the second largest economy in the world, and the second largest goods importer. With statistics like these, it is easy to see why China would be a key hotspot for UK manufacturers, and with the British government committed to further improving trade relations, for example with the EU-China free trade agreement, things will only be getting better.
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