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The Government announces new measures to help boost digital trade and bolster the UK tech industry

By June 10, 2020 No Comments

On the 9 June 2020, the Government announced a range of measures as part of a Future Technology Trade Deal, to help boost digital trade and establish the UK technology sector as a global player.

The package of measures are designed to help UK technology companies to seize trade and investment opportunities overseas, and to create and support jobs by increasing exports and attracting international investment. The measures will seek to increase tech exports to fast-growing international markets, including Asia-Pacific, strengthen scaleups’ market readiness to export, and attract investment to drive innovation and create jobs.

Included in the package of measures include the creation of a new Digital Trade Network for Asia-Pacific, designed to help UK tech companies break into the Asian market. A new Tech Exporting Academy will also be launched to provide expert advice to UK scale-ups on subject areas essential to expansion, including regulation, intellectual property, and compliance.

More information on this can be found here.

 

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