INTERNATIONAL TRADE


TRAINING & EVENTS


INTERNATIONAL TRADE COURSES MAY


Managing agents and distributors Location: Chesterfield Date: Time:


15 May 9.30am-12.45pm


Export documentation Location:Chesterfield Date: Time:


16 May 9.30am-4.30pm


Import procedures Location: Nottingham Date: Time:


16 May 9.30am-4.30pm


Letters of credit Location: Leicester Date: Time:


22 May 9.30am-4.30pm UPCOMING EEN EVENTS


Global renewable energy supply chain conference and matchmaking event – International Business Festival


Date: 14 June – Liverpool


Enterprise Europe Network (EEN) has teamed up with the 2018 International Business Festival in Liverpool to host a free conference and matchmaking event for companies working in the renewable energy supply chain. Learn about current and future opportunities within the renewable


energy sector, how to access collaborative funding and how partnering with other supply chain members can position your company to exploit opportunities. Also hear from keynote speakers from Ørsted, Siemens, Renewable UK and Innovate UK. Participants will have the opportunity to hold pre-arranged one-to-


one meetings to explore potential technological, commercial and R&D cooperation opportunities. There will also be an opportunity to speak with potential investors and buyers during this session.


SPOTLIGHT ON: INDONESIA


Indonesia has the largest economy in South East Asia, with nearly half of the region’s gross domestic product (GDP), with 5.3% GDP growth expected this year. The economy has grown at a


steady rate of 5.4% for the past ten years, which is a more stable rate than any of the Brazil, Russia, India and China (BRIC) countries. It is also strategically placed to do business with China, Japan and Australia. Domestic consumption makes up 55% of Indonesia’s GDP, which has helped to largely protect it from the global economic crisis. Indonesia’s economic growth is


driven by an emerging middle class. International surveys show that Indonesians are young, technically savvy, trusting consumers, highly receptive to advertising and keen to try new things. This means that there is increasing demand for commodities such as modern retail and consumer goods, healthcare and education products, transport and infrastructure and ICT. With 250 million people it’s the


world’s fourth most populous country and the largest in South East Asia. It offers opportunities for UK companies across all sectors. Doing business in Indonesia


takes patience and perseverance. Companies should be prepared to invest time and resources in regular visits over a long period of time before seeing any returns. Indonesia offers a lot of opportunities for British companies in a wide range of sectors, although companies looking for a ‘quick win’ would be advised to look elsewhere. The rewards of doing business in Indonesia can be considerable. However, it can take time to develop the necessary


Digital transformation matchmaking event – International Business Festival Date: 27 June 2018 - Liverpool


This digital transformation event will consist of a series of inspiring and informative seminars from leading experts to present opportunities that Virtual Reality (VR), Augmented Reality (AR) and Artificial Intelligence (AI) technologies can offer to SMEs across sectors such as Healthcare, Manufacturing, Education, Creative Industries and Tourism. The seminars will then be followed by an exclusive and extensive matchmaking event, which will cover a wide range of areas.


For more information on these and other business matchmaking events, please contact EEN on eeninfo@emc-dnl.co.uk or call 0333 320 0333.


Many opportunities exist in the architecture and engineering sectors


Indonesia is strategically positioned to do business with Australia, China and Japan


relationships before any financial returns materialise, and companies should recognise this and plan their business entry strategy accordingly. That said, lucrative opportunities


still exist for UK companies in Indonesia. Indonesia plans to build 15 new airports by 2019, nine new air cargo facilities, redevelop 100 existing airports and upgrade a further 26. A fourth terminal at Jakarta’s Soekarno-Hatta International Airport is also planned and expected to be operational by 2021. For this to be a success, there will be a requirement for navigation and communications equipment, for example. With over 60 million students and


almost four million teachers in 340,000 educational institutions, Indonesia is the third-largest education system in the Asian region


36 business network May 2018


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