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INDUSTRYNEWS


ACT FAST FOR JAPANESE MARKET


OPPORTUNITIES ‘Britain and Japan are key strategic partners. There are around 17,000 British citizens living in Japan and 52,000 Japanese here in the UK.’


Time is running out for North East firms wanting to learn first-hand about the business opportunities available in Japan.


As part of its programme


of Market Visits, UK Trade & Investment (UKTI) will be taking a delegation from the region to Japan between 19 and 23 March 2012, to enable companies to find out more about the market and meet potential customers. The visit will focus on Tokyo and Osaka.


Japan is one of the world’s


largest economies – four times the size of India, three times the size of South Korea and twice the size of the UK.


It is the UK’s largest export


market after Europe and the USA, in 2009 the total value of goods and services exported from the UK to Japan was more than £8.1 billion.


Keith Stockdale, one of UKTI’s International Trade Advisers, who will accompany the delegation, said: “Britain and Japan are key strategic partners. There are around 17,000 British citizens living in Japan and 52,000 Japanese here in the UK.”


“Doing business in Japan takes


time and patience and businesses do need to make a long-term commitment. However, as many companies have already found, it can pay dividends with the rewards often repaying the effort many times over. Smaller companies are often reluctant to visit new export markets.”


“This may be a fear of the unknown, a lack of knowledge of the business opportunities in the market and an uncertainty as


60 « Clearview NMS « January 2012 « www.clearview-uk.com


to who are the buyers or sellers and who the competition in the market is.”


“Overseas market visits are designed to overcome these fears and are a great way for businesses to do some in-depth research and meet potential customers and partners.”


“Eligible SMEs will receive a financial contribution towards the cost of flights and accommodation, as well as receiving the full support of an International Trade Adviser prior to, during and after the visit.”


“Places on the Market Visit


must be booked and numbers are limited, so if a company is interested in taking part, I’d urge them to get in touch as soon as possible.”


For more information, or to find out about the wide range of support services available through UK Trade & Investment, call the North East International Trade Hotline on 0845 05 05 054 or email: enquiries@ukti.rito. co.uk. You can also follow on Twitter at twitter.com/ UKTINorthEast.


To read more news, log onto www.clearview-uk. com and join in our Forum discussions.


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