Why Every Week Should Be Export Week
Another hugely successful Export Week is over but our drive to increase exports is not. As far as we at UKTI are concerned every week has to be export week if we are to grow our economy.
29 November 2010
On Friday 26 November 2010 Business Secretary Vince Cable and Russian Finance Minister Alexey Kudrin committed to closer economic ties as they chaired the UK-Russia Intergovernmental Steering Committee on Trade and Investment (ISC).
They agreed to strengthen bilateral trade and promote sustainable economic growth, whilst fighting the dangers posed by protectionism and endorsing G20 measures to prevent it.
Vince Cable said:
“This has been a very positive meeting that will help to increase trade and investment between the
“We have a long-established and successful relationship in areas like financial services and technology, and I look to see this continue across other sectors. Sharing expertise will help us to grow and will hopefully bring breakthroughs that we could not achieve alone.
The Committee, which included representatives of Russian and British businesses led by Alexander Shokhin of the Russian Union of Industrialists and Entrepreneurs (RSPP) and Helen Alexander of the Confederation of British Industry (CBI), looked at six key areas for Russia and the UK to focus on as they work together on plans for economic development.
The business community present discussed the importance of improving market access, customs, visa procedures and the legislative and regulatory environment.
Both governments reiterated the importance of
The committee also discussed issues around energy and energy efficiency, following the Carbon Trust’s visit to
Building on strong technical and cultural links, the committee looked ahead to the forthcoming UK-Russia Year of Space as well as the Olympics which will take place in London in 2012 and then in Sochi in 2014.
Good links have developed between the two Olympic host nations with expertise shared especially in how to use sports infrastructure after the Olympics to stimulate local economies.
All of these issues will be examined again when the ISC meets in the