Scotland set for new trade alliances

New support from the Scottish Government will enable businesses to forge new global trading alliances with the Scottish Chambers of Commerce (SCC) receiving up to £400,000 to support new business-led trade missions.

First Minister Nicola Sturgeon said: “Internationalisation is a key part of our economic strategy and we are stepping up efforts to raise Scotland’s profile and encourage more Scottish businesses to export.”

She stressed that Scotland’s ability to benefit from international trade depends hugely on its continued place in the European single market and confirmed that her Government was exploring all avenues to maintain Scotland’s membership.

The Chambers of Commerce will be expected to deliver permanent trading alliances between Chambers in Scotland and the international network of Chambers. These alliances are agreements between two Chambers and their members committing them to shared business priorities and specific trade plans.

The First Minister said that the Scottish Government is establishing new hubs in London, Dublin, Brussels and Berlin to boost the country’s business profile, and will double the number of people working for Scottish Development International in mainland Europe.

It is also appointing trade envoys and creating a new board of trade to promote exporters overseas.

More than 11,000 companies belong to the SCC which has ties to more than 180 countries.

Liz Cameron, Director and Chief Executive, said: “Today’s announcement marks a significant new step in our long-standing drive to use the power of the international Chambers network to drive more exports from Scotland. The Scottish Government’s very welcome support will help us to capitalise on the excellent work which our Network have been doing to build relationships with their counterparts in Italy, Iceland, the USA, Mexico, Iran and many more.”

Last updated 5 December 2016