Industry leaders unite to unlock £9.3 billion SME export potential

Industry leaders unite to unlock £9.3 billion SME export potential

The UK’s first E-Commerce Trade Commission has been launched to encourage 70,000 more small British businesses to trade and export online and help boost the economy by £9.3 billion.

The commission – made up of leading industry experts – is the first of its kind and will act as an advisory group directly to the Department for Business and Trade.

The aim of the commission is to help UK small businesses, which form the backbone of the economy, to take advantage of e-commerce trade opportunities and capitalise on the recently signed trade deals.

The commission has been brought together by the Institute of Export & International Trade (IOE&IT).

Buying goods online has fast become the norm for consumers and UK businesses have the opportunity to take advantage of new trade agreements being signed by the government which have specific provisions, including those relating to e-commerce,” said Commission Chair and Director General of the IOE&IT, Marco Forgione.

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