EEF and UKTI in manufacturing export alliance
EEF, the manufacturers’ organisation, and UK Trade & Investment are collaborating to promote export services to British manufacturing and engineering companies.
The three-year agreement is particularly targeting emerging markets such as Brazil, Russia, India and China.
EEF and UKTI will jointly promote initiatives and offer practical support for manufacturing and engineering companies keen to export.
Recent survey evidence from EEF showed that 90 per cent of manufacturers are involved in exporting and, that for two fifths of companies, exports now account for over half their turnover.
With the prospect of faster growing markets overseas and the significant growth of international trade, companies are looking for every opportunity to boost their activities overseas. Obtaining a foothold in new markets can require significant investment and commitment and, for many, expert information and guidance can smooth the path to new export orders. Some of the joint activities where EEF and UKTI will pool their expertise will include: • Seminars to promote peer learning via case studies of exporting to emerging markets with UKTI overseas experts from overseas• Promotion of programmes of specific UKTI activities suitable for manufacturing and engineering companies.• The promotion of Awards for exporting as part of the EEF Future Manufacturing Awards• Dedicated areas on the EEF and UKTI websites to offer support on exporting•Promotion of best practice case studies and regular joint speaking opportunities EEF chief executive Terry Scuoler, said: “Exports are the lifeblood of UK manufacturing and, with the prospects for international trade remaining very positive, it is vital for our economic prospects that we take every opportunity to boost our performance. “By combining the expertise of UKTI with EEF’s access to market, companies will be set fair to reap the benefits of the unique expertise to which they will gain access.” Susan Haird, the acting chief executive of UK Trade & Investment, added: “Working with organisations such as the EEF is really vital for UKTI. We want to work with partners to help get the message through to as many companies as possible about the benefits of exporting. “Manufacturers that export can achieve a level of growth that would not otherwise be possible; exporting can also help companies develop new products and services. I hope UKTI and the EEF working together can help more companies become more successful abroad.”
• Photograph shows: EEF chief executive, Terry Scuoler and Susan Haird, acting chief executive of UKTI signing the agreement