International Trade

1
International Trade and Globalisation
Stephen Phillips International Trade Director UK
Trade Investment South West
2
Trading Internationally Key Issues

• As varied as the businesses in the SW
• Whole spectrum from
• The basic how to through to
• Detailed information on specific opportunities
• Other typical issues
• Limited resources in SMEs
• Peripherality/access
• Fear factor
• Lack of awareness of support available
• Lifestyle vs. growth

3
Positive Elements of RES

• Recognition of international trade as a driver
  of productivity and competitivenessinevitably
  some improvements needed
• Recognition of need to improve access to
  international markets
• Recognition that region cannot compete on cost
  alone
• added value
• Knowledge
• technology
• Global potential for proven environmental
  technologies

4
Enhancements to RES

• Recognise full spectrum of international business
  models
• Have the confidence to see globalisation as an
  OPPORTUNITY as much as it is a threat
• Coverage of both benefits of
• wider and deeper integration into EU
• And the need to look beyond the EU
• Need to highlight important linkages to other
  agendas, especially
• Inward investment
• Innovation
• Skills
• Clearer enunciation of how more investment will
  be encouraged in knowledge driven sectors
  linkages to sustainability

5
UKTIs Implementation Role

• Develops regional strategy with SWERDA and other
  partners
• Lead organisation working in conjunction with
  both public and private sector partners in
  delivery
• 34 International Trade Advisers throughout the SW
  deliver UKTI services
• intensive support to SMEs to internationalise
  and
• all businesses with access to expertise and
  knowledge in UKTIs unique global network
• both sector and geographic expertise

6
Discussion
Please feel free to contact
me stephen.phillips_at_sw-ukti.org 0117 933
0212 www.uktradeinvest.go.uk