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UK government aims to boost exports to 35 percent of GDP – plan due on Tuesday

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UK government aims to boost exports to 35 percent of GDP – plan due on Tuesday





















British government will publish a new export strategy on Tuesday

  • The aim is to boost exports to 35 % of gross domestic product
  • Wants to increase trade with the rest of the world after leaving the European Union

Adds Reuters ::

  • The Department for International Trade estimates that 400,000 businesses believe they could export but don’t. It said last year goods and services exported by British companies accounted for 30 percent of GDP.
  • “We are determined to support, connect and grow UK companies on the world stage through our international network,” British trade minister Liam Fox will say in a speech to a business audience in London, according to extracts released in advance.

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