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International Trade

European Elections: What Your Vote Means for British Business

Issue #104 May 2014

Welcome Friend,

The European Election is the only time, aside from a General Election, when all of the UK's 46 million strong electorate are able to vote. But what will your vote mean for British business?

The polling stations opened at 7am on yesterday (Thursday) morning and closed at 10pm. The results are due to be announced on Sunday. Even though the UK is voting to elect MEPs, your vote could have a profound effect on businesses in the UK.

In total, 30 parties were fighting for your votes. But we've taken a look at what a vote for the main political parties could be for British business.

Also in International Trade news this week, it was announced that Chinook Sciences won a deal worth 300m in the United Arab Emirates. The East Midlands firm will help to build the world's largest advanced thermal energy-from-waste facility in the Emirate of Sharjah. It's expected to create around 850 jobs in the UK at Chinook Sciences and its suppliers.

This week also marked the end of a decade of negotiations between two of the world's superpowers. Russia and China this week agreed a gas supply deal worth an estimated $400bn. $30bn worth of investment in infrastructure will be needed before the volume of gas can be supplied.

Hope you enjoy reading this week's International Trade newsletter.

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In This Issue

List of Advertisers

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Latest Business News

Latest TV

Paul Samrah - Partner at Kingston Smith
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Paul Samrah - Partner at Kingston Smith
Bank funding...

International Trade Expo Interview: Lord Bilimoria


By Daniel Hunter

We recently caught up with Lord Bilimoria, founder and chairman of Cobra Beer.

What advice would you give to somebody entering a new market for the first time?

At Cobra beer from the beginning, we wanted to create the finest ever Indian beer and make it a global beer brand. So exporting the beer around the world was part of our game plan from day one.

I think any business, however small, needs to have ambitions from day one and you have to try and deal with the national market and think globally, operating on a global scale from the beginning.

We started exporting Cobra within...

read full article >

Export Week: Advertising Holds The Key For SMEs Looking To Export


By Karen Fraser, Director, Advertising Association

This week is Export Week, where we celebrate Brand Britain and focus on how we can inject further growth into our economy by capitalising on the long-term opportunities of international trade. While there is a clear desire among most businesses to increase exports, the most recent government data shows that only 19 per cent of UK SMEs currently export, compared to 25 per cent of EU SMEs. So what is actually holding SMEs back from exporting and what role can advertising play to encourage further investment and growth?

Improving the UK’s export performance is central to economic recovery and future prosperity, highlighted by the Chancellor’s bold target to...

read full article >

Playing to our Strengths: How UK Businesses can Harness Omnichannel to go Global


By Murray Lambell, Director of International Trade, eBay Europe

The UK has become the world’s second biggest online retail exporter. According to the British Retail Consortium, shoppers from all over the world are demanding UK goods, from UK brands, purchased easily over the internet. Consumers don’t mind if a product they want is at a local store or in a shopkeeper’s window halfway around the world. It’s now less about location and more about consumer engagement – anytime, anywhere.

The recent BRC figures show that foreign shoppers have been flocking to UK sites over the past year. The rapid uptake of smartphones globally has played a large part in the development. Retailers experienced a...

read full article >

International Business and Diplomatic Exchange

International Business and Diplomatic Exchange (IBDE) is a London-based non-profit organisation whose aim is to provide leadership in promoting international trade and investment flows.

Through selected high-level events such as investments forums, round-tables, workshops, conferences, seminars and networking opportunities, IBDE supports international businesses and embassies in identifying key investment opportunities and strategies within the international economic and political context.


IBDE is the official partner of the International Festival for Business 2014. To find out more about IFB, the IBDE activities during the IFB & how we can facilitate your presence at the IFB please contact us...

read full article >

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