Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, July 29 2022 - 04:20
AsiaNet
Countries that play together, trade together – DIT launches first of a kind trade and investment campaign at Commonwealth Games
LONDON, July 28, 2022 /PRNewswire-AsiaNet/ --

- New trade campaign launched to target all 55 other states in the Commonwealth
- Marketing blitz timed to mark the start of the Commonwealth Games in 
Birmingham
- Campaign to build on pledges to increase trade at last month's Commonwealth 
Heads of Government Meeting

A new trade promotion campaign will target everywhere from Vancouver to Vanuatu 
as the Commonwealth Games kicks off in Birmingham.

The Commonwealth makes up a third of the world's population – ranging from the 
world's second most populous nation (India's 1.4bn people) to its second 
smallest (Nauru's 13,000). Total trade with the Commonwealth was £120.6bn in 
2021, accounting for 9.4% of the UK's total trade.

And now an ambitious new campaign from the Department for International Trade 
(DIT) aims to reach each and every other country in the Commonwealth – thought 
to be a first for an international trade promotion campaign.

In addition to more well-known outlets such as Canada's Globe and Mail, the NZ 
Herald and The Gleaner of Jamaica; the campaign will also feature in the 
Vanuatu Business Review, the Togo Presse and The Mihaaru of the Maldives.

It will spotlight businesses across the Commonwealth, showcasing why the UK is 
the best place in the world to invest, with our world-class talent, high 
spending consumer market and business-friendly regulatory landscape. It will 
also highlight our fantastic exporters to help stimulate global demand for 
British goods and services.

International Trade Secretary Anne-Marie Trevelyan said:

"The Commonwealth is made up of some of the world's most diverse and dynamic 
economies and stretches right across the globe."

"With its GDP forecast to jump by nearly 40 per cent over the next five years, 
we have a massive opportunity to turbocharge trade with Commonwealth countries."

"This exciting campaign, reaching out to some nations for the first time, will 
raise awareness of the exciting opportunities to boost two-way trade, drive 
business and economic growth and support local communities."

The new initiative is part of the wider GREAT Global Trade Campaign and is 
designed to showcase the success of trade and investment with the Commonwealth 
and encourage more businesses to trade. 

The Commonwealth represents a major consumer market for UK exporters. It also 
offers incredible opportunities for investment, with countries like India and 
Nigeria among the world's fastest-growing global economies.

Investment between Commonwealth nations is already 27 percent higher than with 
countries outside the association. And bilateral trading costs are on average a 
fifth lower due to shared language and legal and economic systems – known as 
the 'Commonwealth Advantage.'

Running from this month to March 2023, the marketing campaign will capitalise 
on key moments in 2022, including the Commonwealth Games, Mobile World Congress 
Africa and COP 27.

It will target key senior business decision makers with a print, paid social, 
partnership and PR activation in all the 55 other Commonwealth member states.

Ian Bowen-Morris, DIT's Head of International Marketing, added:

"The GREAT Global Trade Campaign is the Government's flagship international 
trade and investment promotion campaign underpinning the Prime Minister's key 
trade and investment policy objectives.

"It builds on the proven success of previous international campaigns such as 
Invest in GREAT Britain and Northern Ireland, and GREAT Ready to Trade 
supporting the UK's economic recovery from Covid-19 and spearheading trade 
promotion plans around the world."

The campaign will position the UK as a world leader in green technology and 
finance, collaborating with global businesses to drive Net Zero goals.

The team will engage with devolved administrations and Local Enterprise 
Partnerships (LEPs) across England, such as the Midlands Engine and Northern 
Powerhouse, as part of marketing activity. This will help drive regional growth 
and support the UK's levelling up agenda.

Notes to Editors:

Every day, businesses all over the Commonwealth choose to partner with the UK 
for the highest quality products and services.

- For example, UK Solar Power, a solar manufacturer and PV project specialist, 
is supplying innovative solar solutions to farming and residential communities 
in Africa and the Caribbean. So far UK Solar Power have supplied over 34,700 
home and road light solutions to communities across the Commonwealth.
- British transport and logistics firm Direx Solutions worked with Canada's 
Metrolinx to deliver a project that improved the rail services speed by nearly 
30%, created jobs across the region and helped cut costs by 50%.
Photo - https://mma.prnewswire.com/media/1868486/Blades_Bomeo_Bulletin.jpg

source: Department of International Trade
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