This week Business Secretary Vince Cable, Foreign Secretary William Hague and Trade and Investment Minister Lord Green launched a new cross-government focus on trade and investment to help the British economy grow. The aim is supporting international business and to help both large and SME businesses trade overseas.
They say that the UK Trade and Investment (UKTI) Strategy and the Foreign and Commonwealth Office (FCO) seven-point Charter demonstrates the Government\'s dedication to supporting international business, championing UK business overseas and attracting investors to the country.
Angus McCarey, Retail Director for eBay UK, welcomed the announcement saying "SMEs involved in cross-border trade often have the highest growth rates and potential. The Internet breaks down barriers to entry into export markets which is why entrepreneurs and SMEs doing business on eBay UK exported £446m worth of goods in 2010, up 128% since the credit crunch in 2007."