LEP sets out new strategy to increase international trade

The D2N2 Local Enterprise Partnership has published a new report outlining how the region can boost its economy by increasing international trade.

D2N2 Global: International Trade Strategy sets out the region’s ambition to increase the percentage of D2N2 businesses that export goods and services.

Published in partnership with the Department for International Trade (DIT), it identifies key strategic priorities and actions to ensure that the business community can become more confident and active in overseas markets.

It also identifies a range of emerging markets that D2N2 businesses can explore further.

The report, which is funded by DIT has been developed to align with Government’s new trade and export strategy called Made in the UK, Sold to the World.

Elizabeth Fagan, chair of the D2N2 LEP, said: “In 2020, the D2N2 Local Enterprise Partnership launched its Recovery and Growth Strategy to ensure we build a stronger economy and deliver more investment and jobs.

“With our strategy in place, our strong partnerships and investments in skills, business support and innovation, we think now is a perfect time to look to the future and create more outward trade for our region.

“Our international trade strategy sets out a clear evidence base on the challenges and the actions required to support our businesses to grow and create new export-oriented jobs for our region.”

Ian Harrison, head of export at DIT Midlands, said: “The D2N2 LEP’s International Trade strategy represents an innovative approach to aligning its priorities with this the strategic Global Britain vision to help achieve strategic international trade outcomes.

“DIT Midlands very much welcomes the opportunity to continue to work closely with the LEP to assist with its implementation.”

To view the strategy click here.