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Trade Minister Brings UK Business Delegation To The Gulf


Lord Livingston has begun a 3 day visit to the UAE and Qatar to help cement the position of the UK as a long term trade and investment partner


Published on 17 March 2014



by Lord Livingston

(WireNews)

London, England

Global Export
Global Export

Lord Livingston has begun a 3 day visit to the UAE and Qatar to help cement the position of the UK as a long term trade and investment partner for the Gulf nations.

The UK Trade and Investment Minister is leading a delegation of more than 40 UK businesses from the retail, luxury and creative industries to showcase their world-leading products and demonstrate the excellence that the UK has to offer.

During his visit to Dubai, Lord Livingston will attend the first Fortnum and Mason store opening outside of the UK. Many of the UK’s most distinguished brands are already located in the UAE, including Thomas Pink, Mulberry, Anya Hindmarch and Stella McCartney.

The UAE is Britain’s largest civil export market in the Middle East and the twelfth largest in the world. The UK and UAE governments have committed to an ambitious target to increase bilateral trade to £12 billion by 2015, which is on track to be achieved.

To encourage more business with the UAE, the UK is opening 2 new British Business Centres in the country to support Britain’s small and mid-sized firms, providing them with a soft landing to test the waters and see if the market is a good fit for their goods or services. UK companies will have access to fully serviced office space at heavily discounted rates and practical support in establishing a presence in the country. The first of the centres will open in Dubai in April (2014), the second will open in Abu Dhabi later this year (2014).

Lord Livingston said:

"I’m delighted to be visiting the United Arab Emirates and Qatar for the first time as Trade and Investment Minister. British companies remain at the cutting edge of global creativity which makes us a natural partner for these vibrant trading nations.

"British firms are experiencing increasing global demand and want to succeed in the Gulf. That’s why I am launching GREAT Week UAE to put UK companies in the spotlight and increasing our support for small and mid-sized businesses exporting to the region with 2 new British Business Centres in Dubai and Abu Dhabi."

Lord Livingston will also launch GREAT Week UAE, part of the GREAT Britain campaign which showcases the very best of what Britain has to offer. UAE consumers have long been attracted to the heritage, range and sophistication of British brands and GREAT Week UAE will shine the spotlight on up-and-coming designers and talent from both countries and identify future collaboration and investment opportunities.

Around 120,000 British nationals live and work in the UAE and there are over 4,000 British companies operating in the country including Shell, Rolls Royce, HSBC and Standard Chartered.

After his time in the UAE, Lord Livingston will travel to Qatar to champion UK commercial expertise following the success of London 2012 and its ability to help deliver Qatar’s £220 billion infrastructure investment programme including the FIFA World Cup in 2022.


For more information about this press release visit https://www.gov.uk/government/news/trade-minister-brings-uk-business-delegation-to-the-gulf

 


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Posted 2014-03-17 11:53:00