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Tuesday, July 26, 2016

UK To Open Three US Offices To Boost Trade

The UK Government is to open three new offices across the US to promote British business and develop economic ties following the vote to leave the EU.
The Department for International Trade said the cities of Minneapolis, Raleigh and San Diego have been chosen because of their economic productivity and established research and development centres.
Each office will be staffed by one person, recruited locally in the US, who will work to promote UK business, economic and political ties.
International Trade Secretary Liam Fox said: "Our ambitious vision for an open and outward-looking UK economy includes growing our footprint in the most important markets around the world and these three cities offer exciting opportunities to boost trade and investment."
He made the announcement during a three-day visit to the US.
Similar offices are already located in Denver and Seattle.
The Government said the Seattle office alone had supported £8m in capital investment and 1,000 UK jobs over the past year.

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