• Thursday, August 11, 2022

Business

UK AIMS TO RAISE ITS EXPORTS TO 35% OF GDP

UK Aims to Boost its Exports to 35% of its Total GDP.

By: Radhakrishna N S

The British government will form a new export strategy on Tuesday (21) intended to boost country’s exports to 35 percent of gross domestic product (GDP), as it aims to improve trade ties with the rest of the world after Brexit. The British government said, better use of its overseas network, online means and promotion of export finance assistance acquirable from government would be among the strategies put in place on Tuesday (21) to support more businesses to export their goods and services. Last year, 620 billion GBP worth goods and services were exported by British businesses which accounted for 30…

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