Welcome to the August Trade and Investment Update

We hope August offered you a chance to rest and recuperate after what has been a busy year thus far. As we move into the final quarter of 2018, we look forward to welcoming as many of you who can make it, to one of our fantastic chapter events which take place all over the UK and North America. Check out the Upcoming Events section for more details.
 
The UK Government formally launched its new Export Strategy this month, with the ambition to increase exports as a percentage of GDP to 35%. With the United States maintaining its position as the UK's largest single-country trading partner, we are eager to see how this new Export Strategy helps take more UK businesses transatlantic. More information on the Strategy can be found in the Business Opportunities section below. 

Looking forward to September, Britain's northern cities will be visited later this month by a trade delegation from the State of Rhode Island. The visit provides an opportunity to showcase both the fantastic cities of the north of the UK including Manchester, Leeds, Edi nburgh and Glasgow, as well as the brilliant companies and their products from the state of Rhode Island. More information can be found in the Business Opportunities section.

In addition to the above delegation, the State of Rhode Island will also be sending a delegation to Yorkshire and the Humber, this time organised by the UK's Department for International Trade. The delegation includes Stefan Pryor, Secretary of Commerce for the State of Rhode Island, who is looking to meet potential UK suppliers and customers in the renewable energy sector and supply chain. More info in the Business Opportunities section.

Our transatlantic network grows every day. Join us and get in touch at trade@babinc.org . Don't forget you can also follow @BABCNetwork on twitter for the latest information.

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Finding Your Way: The Trade and Investment Guide to the US 2018/19

 How Santander Can Help Your Business
The Trade and Investment Guide to the US is a fantastic resource for any company looking to bring their business stateside. Packed full of expert information on the obstacles (and opportunities) you may encounter when taking your business transatlantic.

This month we're featuring insight from Santander, who kindly provided some expert advice on building solid financial foundations for UK businesses looking to expand across the pond.

Click here to read how Santander can help you on your business journey to the US.
Upcoming Events in the BABC Network
Growing Scotland's Trade in the US

Organised by SNABC
5th September, 08.00 am - 2.30 pm
RSM Edinburgh, First Floor, Quay 2, 139 Fountainbridge
Edinburgh EH39QG
BABC 2018 Transatlantic Aerospace Symposium

Organised by BABC Pacific Northwest
12th September, 11.00 am - 7.00 pm
Four Seasons Hotel Seattle,
99 Union St, Seattle, WA 98101, USA

British Embassy Residence Summer Drinks Party

Organised by BABA Washington
20th September, 6.00 pm - 8.00 pm
The British Ambassador's Residence
3100 Massachusetts Avenue, N.W., Washington, D.C.

Department for International Trade Advamed MedTech Conference- UK Reception


Organised by BABC Philadelphia
25th September 5.00 pm - 7.00 pm
Pennsylvania Academy of the Fine Arts
118-128 North Broad Street, Philadelphia, PA 19102

Dialogue Lunch - connect, support, learn, share ideas, do business!

Organised by BABC New England
28th September 12.30 pm - 2.00 pm
Financial District, Boston

To find out more about events across the 22 Chapters of the BABC, please click here .
Business Opportunities
US Trade Visit for Offshore Wind and Renewables Sector Companies in Yorkshire and the Humber

On 19 September, a US Trade Delegation will visit Yorkshire and the Humber to meet with potential UK suppliers and customers in the renewable energy sector and supply chain. The Humber boasts a world-leading renewable energy sector, earning notoriety worldwide

This event will allow attendees to learn more about the opportunities available to UK businesses in Rhode Island, as well as speak to key members of the US trade team. There will be presentations followed by a networking lunch with the US delegation. Stefan Pryor, Secretary of Commerce for the State of Rhode Island will be attending as part of the delegation and there are opportunities to meet with him one-to-one.

Secretary Pryor will be selecting eligible companies who align with Rhode Island's economic strategy. 

For more information, please click here.
Rhode Island Trade Mission to England's 'Northern Powerhouse' & Scotland

On 15-22 September, a trade delegation from the State of Rhode Island will visit cities in the North of England and Scotland to meet with leading UK businesses driving growth and innovation.

The visit provides the opportunity for some of the fantastic companies of Rhode Island to showcase their products, meet potential clients or business partners and forge even stronger links between our two economies. Similarly, the companies and regions of the UK will have the opportunity to showcase what makes them such successful drivers of growth, and why they earned the (well deserved) 'Northern Powerhouse' mantle.

The delegation is organised by the Rhode Island Commerce Corporation, in partnership with the Chafee Center for International Business at Bryant University, and the US Department of Commerce.

For more information please click here .
UK's Government Export Strategy - Supporting and Connecting Businesses to Grow on the World Stage

The UK Government recently launched its new Export Strategy to help UK businesses grow through exporting. The Government's ambition is to see exports grow as a proportion of GDP from 30% to 35% of GDP in the long term.

The strategy sets out the four ways the Government can make a difference leveraging the following government resources:

  • Finance - Ensure no viable UK export fails for lack of finance or insurance from the private sector;
  • Connect - Connect UK businesses to overseas buyers, markets and each other;
  • Inform - Help businesses access the right information, advice and practical assistance;
  • Encourage - Encourage and inspire businesses that can export but have not started or are just beginning.

To learn more about the Export Strategy, please click here.
Learn more about BABC
If you are  interested in joining any chapter of the BABC network spanning the UK and North America, please get in touch with Silvia Rizzo srizzo@babinc.org

For more information on BABC's Trade and Investment Work please contact srizzo@babinc.org

To stay up to date on relevant policy issues concerning the transatlantic business community contact Theo Bachrach at tbachrach@babinc.org or sign up by clicking here .
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