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increases in various elements of a business - from the commercial lifespan of products and services, the resilience of revenues and profits to the returns on investment in R&D. It also makes companies more innovative.


Any compelling business proposition has its challenges of course, which is why it’s important that firms have access to the right resources and support, all in one place, when seeking to expand overseas. Part of the role of UK Trade & Investment (UKTI), the Government department that helps UK companies internationalise, is to help businesses make those tricky first steps in exploring new markets. With an unrivalled network of specialist advisors throughout the UK and worldwide, UKTI offers potential exporters impartial advice and research; political support in overseas markets; introductions to key contacts, networking opportunities and assistance with promotional activities.


Thanks to UKTI, thousands of companies are already realising their potential and expanding globally. In 2009/10 alone, UKTI helped almost 25,000 companies to trade overseas - up from 20,700 the previous year.


These companies are tapping into global opportunities worth trillions of pounds - from openings in the energy sector in China to transport network development in Russia. And with the world economy constantly changing, businesses also cannot afford to overlook the potential of ‘high-growth’ newer markets - such as Mexico, the UAE and Ukraine whose growth rates and commercial opportunities far outstrip traditional countries.


One of the ways that UKTI delivers its services is through


Lord Green of Hurstierpoint - Minister of State for Trade and Investment


its network of international trade advisors, who are based in local offices all over the country, and in 96 markets worldwide. These teams of specialists help new and established exporters every day.


Even if a company is not sure whether it is ready to trade overseas, UKTI’s


Passport to


Export programme will assess its readiness for international business, develop its


export


potential and help it start trading internationally.


And once the initial homework has been done, UKTI can help with the business of starting afresh in a new country through its range of market visits and overseas missions.


The Government wants the next decade to be the most entrepreneurial and dynamic


39 entrepreneurcountry


For more information visit www.ukti.gov.uk


in Britain’s history. By helping companies unlock their international business potential, we are one step closer toward achieving this. And with UKTI’s help, potential exporters can find that trading overseas can be an experience that is hugely rewarding rather than daunting.


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