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IkMY6ljN
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Answer
Written answer
answer has question
fPK8PKqF
answer has answering person
Michael Fallon
answer text
<p>UK Trade & Investment (UKTI) works diligently to ensure maximum benefit is derived by UK businesses through trading in international markets.</p><p>This work includes UKTI staff in 100 overseas markets working to identify and advertise business opportunities to UK businesses. Over 500 business opportunities from foreign businesses and foreign Government contracts are published on UKTI's website across all sectors each month. UK companies registered with UKTI's website and who show an interest in an opportunity will then be put in contact with local UKTI staff overseas who will provide details of interested UK companies to the foreign businesses or foreign government looking for suppliers.</p><p>This is just one of the ways in which UKTI seeks to identify opportunities for UK businesses, but there are others, for example:</p><p>UKTI's Technology Partnership Team (TPT) works to build relationships with national and multinational companies globally to identify real commercial trade opportunities within their value chains where high tech high growth UK SME's may be introduced.</p><p>The TPT works with Deal Architects (business development specialists) both in the UK and overseas to build these value chain relationships and currently has existing opportunities with Cisco, Samsung, Huawei, BT, Ten Cent, Panasonic, Lenovo and many more.</p><p>Separately, UKTI's events and missions programme will deliver a comprehensive series of activities this year in the UK and overseas. This will include inward missions, where UKTI, working with trade associations, helps bring overseas buyers to the UK to meet UK businesses operating successfully in a particular sector. Inward missions form an important element of the UKTI programme.</p><p>UKTI does not endorse UK businesses nor can it act as a reference or intelligent customer for foreign businesses. Knowledge of UK success or excellence in a particular field can always help UKTI and those it works with deliver better services to business. UKTI's role is to identify businesses that have the potential to fulfil contract requirements and to support them to win those contracts. The decision to pursue negotiations or partnerships is a purely commercial one made by these businesses.</p>
answer given date
answer has answering body
Department for Business, Innovation and Skills
written answer has answering body
Department for Business, Innovation and Skills
Department for Business, Innovation and Skills
answering body has written answer
IkMY6ljN
answering body has answer
IkMY6ljN
fPK8PKqF
question has answer
IkMY6ljN
Michael Fallon
answering person has answer
IkMY6ljN