BCC accredits first overseas business network in Singapore

  • As Export Week draws to a close, BCC announces accreditation of British Chamber of Commerce in Singapore
  • Accreditation of Overseas Business Networks will help UK firms break into new international markets.

A key milestone in the programme to strengthen overseas business networks, launched by the British Prime Minister the Rt Hon David Cameron MP in November 2012, has been reached as the British Chambers of Commerce in Singapore became the first to receive full accreditation from the British Chambers of Commerce. Chambers and business groups in a further 20 markets are expected to achieve accreditation in this financial year alone, meaning that in these markets UK exporters can be confident finding a high-quality first point of contact for their business.

The British Prime Minister has set an ambitious target of increasing exports from the UK to 1trillion by 2020. As part of an ongoing partnership between the BCC, UKTI and the Foreign and Commonwealth Office, this target will be driven forward by a new global network of accredited chambers and business groups, providing in-market, practical help and advice for UK exporters.

Commenting, John Longworth, director general of the BCC, said:

“We are delighted to welcome Singapore into our network and look forward to many more accreditations in the months ahead. It is crucial that business people have a single approved provider in new markets, and are confident that as they step off the plane, they can easily be connected with new exporting opportunities.

“With the right attitude and sheer determination, there is no reason why the UK can’t meet the huge challenge set by the Prime Minister of increasing exports to one trillion by 2020.

“The BCC is delighted to be working with the UK government to create a strong, global business-to-business network for British business, giving companies that haven’t exported before the tools and the confidence to seek out opportunities in new markets across the world.”

Commenting, 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.

“Now, UK companies will be able to get in-market advice and support on how to export their goods and services in Singapore, provided by a trusted and accredited business to business network.”

“The services on offer by the British Chamber of Commerce 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.”

Written on 14th April 2014Lillie Geistdorfer. Published in BCC, News