Last reviewed 17 April 2014
Describing it as a key milestone in the programme to strengthen overseas business networks, the British Chambers of Commerce (BCC) has announced accreditation of British Chambers of Commerce in Singapore.
The programme was launched by Prime Minister David Cameron in November 2012 and Singapore is the first to receive full accreditation from the BCC.
"Chambers and business groups in a further 20 markets are expected to achieve accreditation in this financial year alone," the BCC forecast, "meaning that in these markets UK exporters can be confident finding a high-quality first point of contact for their business."
The Prime Minister's target of increasing exports from the UK to £1 trillion by 2020 involves a partnership between the BCC, UK Trade and Investment (UKTI) and the Foreign and Commonwealth Office (FCO) to create a global network of accredited chambers and business groups, providing in-market, practical help and advice for UK exporters.
Brigitte Holtschneider from the British Chamber of Commerce in Singapore said: "It’s really exciting that British business people now have a first port of call in Singapore — the UK’s largest trading partner in Southeast Asia. It is an ideal place for UK firms to do business, given the country’s connections with the rest of the world, its strong legal system and attractive tax system."
The services on offer in Singapore are on par with those offered by the UK’s international competitors and are available to all British businesses looking to take advantage of the array of opportunities in this fast-growing market.