According to a recent CBI report an independent, national Exports Commission must be set up if the UK is to change the current state of its export performance.
The report compares the policies and structures that other countries – from the United States and Singapore, to Sweden and Germany – have implemented to improve their exporting track record. One of the key recommendations included in the report are to agree clear division of responsibilities, learning from cities in the USA, before any further devolution of export support to regions and nations, as well as More innovative collaboration between UKTI and businesses to improve the commercial awareness of UKTI staff, and foster knowledge sharing between them.
Simon Moore, CBI International Director, said:
“It’s vital that our future prosperity is not compromised by political point-scoring. An independent, national Exports Commission, bringing together for the first time exporters and politicians to create targets and policies, would provide firms with long-term certainty over Government policy and put business feedback at the heart of decisions over future priorities.”