Roundtable event “shared valuable insights in trading with the US”
A roundtable event led by a leading expert on US-UK relations, and jointly run by Suffolk Chamber of Commerce and the Department for International Trade, proved invaluable for the wide range of businesses which attended.
Guest speaker Ross Allen, director of the Department for International Trade (DiT) in North America, is part way through a three weeks visit to the UK and wanted Suffolk to be one of his main stops to speak to businesses about how they are finding trading relationships and to give advice and answer any questions they might have.
John Dugmore, chief executive of Suffolk Chamber of Commerce and Alan Pain, regional director for the Department for International Trade hosted the meeting.
With British annual exports to the US totalling over £84bn, it is clear that this market will be a major growth opportunity for Suffolk businesses once the UK leaves the European Union.
US imports into the UK totalled £95bn in 2017, showing how important the country is for supply chains and consumers alike.
According to John “this roundtable meeting is one of a number of opportunities we are offering Suffolk businesses to gain the upper hand in better understanding the details of non-EU27 marketplaces.
“The discussion with Ross involved the sharing of experiences and ideas and covered a range of topics, from macro issues such as trade deals and protectionism to more granular ones such as export documentation and finding local distributors.
“I know that all the companies present found it a very valuable event and we’re very grateful to Ross for his time with us.”