International Trade Secretary has named three new HM Trade Commissioners to promote UK trade and investment globally

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Shadrach   in Crypto & Trading

03 June 2020, 03:51 GMT


International Trade Secretary, Liz Truss, selects three HM Trade Commissioners

They will undoubtedly operate across China and Hong Kong, South Asia and Europe

HM Profession Commissioners promote British trade around the world

International Trade Secretary, Liz Truss, has called three new HM Trade Commissioners (HMTCs). They will encourage British trade with a few of the UK's biggest financial partners as the Coronavirus crisis highlights just how crucial it is to keep trade flowing and also supply chains open so we can all have the essential products we require.

Chief Executive Officer of the Republic Enterprise & Investment Council, Alan Gemmell, has been assigned as HMTC for South Asia. Consul-General in Shanghai, John Edwards, ends up being HMTC for China and also Hong Kong. The previous HM Trade Commissioner for China, Richard Burn, has been assigned momentarily to the function of HMTC Europe.

International Trade Secretary, Liz Truss stated:

By bring in inward financial investment and also supporting UK companies, our HM Profession Commissioners will play an essential component in providing open market arrangements that benefit every part of the UK.

It's superb to invite Alan, John and also Richard who are first champs of British trade and bring a wealth of expertise and expertise to their brand-new functions.

Permanent Assistant at the Department for International Trade, Antonia Romeo claimed:

I am pleased to welcome John, Alan, as well as Richard to their brand-new functions on the DIT management group. They all have proven expertise and also experience in supporting British companies to export as well as grow worldwide, as well as bring in inward investment right into the UK. Right now, this work is more crucial than ever before.

₤ 286 billion of products and solutions were traded between the UK as well as Asian nations in 2019. The continent is additionally house to 6 of the leading 20 fastest-growing economic climates worldwide. Also, the diverse and fast-growing economies of the area provide a huge possibility to UK service.

In 2019, the overall profession in goods and services in between the UK as well as South Asia was ₤ 30 billion, an increase of 9.9% or ₤ 2.7 billion contrasted to 2018; as well as the total trade in goods and also solutions in between the UK and China and Hong Kong was ₤ 104.6 billion, a rise of 16% or ₤ 14.4 billion compared to 2018.

Talking after his appointment, HMTC for South Asia, Alan Gemmell said:

I'm thrilled to go back to South Asia as HM Trade Commissioner. The UK and South Asia share deep personal web links and also strong organisation links.

I look ahead to assisting these connections to grow with the profession and financial investment at their heart.

John Edwards, HMTC for China and Hong Kong said:

Our reciprocal profession with China and Hong Kong damaged ₤ 100bn for the very first time in 2019 with our exports to China expanding quicker than any various other global regions. Regions across the UK likewise remain to gain from Chinese investment - even more than any different other countries in Europe.

Richard Burn, HMTC for Europe, included:

All European nations will stay seriously essential trading partners for the UK, as we concur a new trading partnership with the EU.

The objective of DIT throughout the Europe region will undoubtedly be to assist British businesses to succeed in the brand-new trading setting as well as to develop an ambitious level of private investment.

Concerning HMTCs

All of the new HMTCs cooperated very closely with HM Ambassadors and High Commissioners, the more extensive diplomatic network, as well as other HM Government colleagues based in nations in their region, in a joined-up and worked with federal government effort overseas to advertise UK profession and also prosperity.

In total, there will undoubtedly be nine geographical areas that the HM Trade Commissioners cover:

Africa

Asia-Pacific

China

Eastern Europe and also Central Asia Network

Europe

Latin America

Middle East

North America

South Asia