BCCT Further Connects with UK Businesses at UK Roadshow & UK-EECAN (Eastern Europe & Central Asian Network) Trade Forum 2020.
The British Chamber of Commerce in Turkey (BCCT), in cooperation with the UK Department of International Trade (DIT), have organised a “Eastern Europe and Central Asian Network (EECAN) UK Roadshow.”
During the Roadshow, representatives of both organisations provided a total of over 600 UK businesses with insights, information and guidance on exporting to or investing in EECAN, and EECAN was showcased as a first-choice partner for international trade and investment for UK businesses.
The Roadshow focused on four areas that are emerging as strategic markets for UK businesses – advanced manufacturing, technology and smart cities, energy and healthcare, and took place during the week of 28-31 January 2020, with events in Manchester, Coventry, Oxford and London.
Organised by BCCT with the sponsorship of BCCT Members Dentons and HSBC, the main event on January 31st took place at Dentons’ London office with the participation of a total of 225 guests and business delegates. The event featured keynote speeches from members of the UK government, ambassadors to the UK from the EECAN region, as well as break-out sessions for participants, aimed at promoting and sharing expertise about doing business in markets across the region.
Judith Slater, HM Trade Commissioner for EECAN, and a team of experts from DIT and BCCT as well as business representatives from the overall EECAN region attended workshops, panels and one-to-one meetings throughout the day, providing businesses with the opportunity to meet with buyers and learn about existing opportunities in these markets.
EECAN Region Rising Star
In his opening remarks, BCCT Chairman Chris Gaunt OBE pointed out: “Not only does the EECAN region offer many opportunities in terms of trade and investment, but it will further gain in importance as Brexit is completed.” He added: “One of the largest markets in the region, Turkey continues to be a major gateway for companies interested in trading with the region. BCCT is always delighted to have the opportunity to share its significant expertise and knowledge on these markets and always looks forward to meeting additional businesses interested in the EECAN region.”
EECAN is a cluster of 14 countries (Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Mongolia, Russia, Tajikistan, Turkey, Turkmenistan, Ukraine and Uzbekistan) where growing economies are demanding ever-higher-quality products and services. British companies have seen their business expand in the region in recent years and DIT fully expects this growth to continue.
The EECAN market
- Russia is a bigger market than Brazil, Mexico and South Africa and is up to 28th on ease of doing businesses.
- UK is currently doing about GBP 40 billion bilateral trade a year with this region, the Eastern Europe and Central Asia region and we want to do a lot more.
- Home to 375 million people, the EECAN region consists of 14 markets, 1/5th of the earth’s land surface, and over 15 billion pound of UK exports
- Latest ONS figures show total UK exports reached 679.5 billion pound in the 12 months to November 2019
- Predicted GDP growth of 3.2% for Turkey from 2020-2024 Turkey is Europe’s 6th largest economy
About the British Chamber of Commerce in Turkey:
The British Chamber of Commerce in Turkey (BCCT) has been a commercial and cultural bridge between the United Kingdom and Turkey for 133 years. BCCT is the second oldest British Chamber abroad in the world. Since 2013 the chamber and the DIT (Department for International Trade) have been strategic partners, working together to further develop commercial cooperation between Turkey and the UK. The Chamber provides information and support to UK firms interested in doing business with Turkey. Furthermore, the Chamber maintains close relationships with chambers of commerce in the UK and the Ministry of Commerce on behalf of BCCT members. www.bcct.org.tr