Institute of Export turns its spotlight on trade with the Nordic nations

Associations, Conferences, Seminars, Forums, Trade and Commerce — By on October 28, 2014 at 11:13 PM
Martin Williams

Martin Williams

An introduction to the Nordic region – Denmark, Finland, Norway and Sweden – is being offered to businesses by the Institute of Export, with an afternoon seminar in London on Wednesday November 12.

The Institute says: “These countries may have a combined population of less than half of that of the UK, but this region is the UK’s sixth most important export market with, for example, the export of goods and services totalling some £24bn in 2012.”

The four countries form one of the world’s wealthiest regions with GDP per capita set to increase by 80% by 2050. They have a highly skilled workforce and a low level of unemployment. Economic debt is significantly below the euro-zone average. They constitute a huge force on the global maritime scene.

T he UK’s export to the Nordic countries, when the Baltic states are included, is equal to Britain’s export to all of the BRIC markets (Brazil, Russia, India, China) put together.

Significant opportunities are seen for UK interests in sectors including oil and gas, renewable energy, nuclear power station building and expansion, shale gas development, transport infrastructure, healthcare and telecommunications. In the Arctic region, there are longer term opportunities in mining, shipping and offshore energy.

  Karl Timmis.

Karl Timmis.

The Institute of Export has assembled a panel of speakers to outline the potential rewards of doing business in the Nordic region and how to approach the market.

Speakers are scheduled to include Christina Liaos, UK Trade & Investment Nordic and Baltic director; Martin Williams from European Business Solutions, which has helped establish subsidiaries of many types of businesses including companies from Nordic countries to access the UK market; Claus Andersen, a partner at City solicitors Royds; Karl Timmis, DSV Road UK Northern European director; and ecommerce expert  Andy Packham, sales director of Direct Link Ltd which is 100% owned by Post Nord, the merged Swedish and Danish Post Offices.

DSV is a supplier of transport and logistics solutions, and its subsidiary DSV Road is one of the three leading logistics providers in Europe. Earlier this year it launched an express road service called DSV Daily Flyer between the UK and Scandinavia for shippers with time-sensitive cargo.

  Christina Liaos

Christina Liaos

In her blog for UKTI, Ms Liaos has urged British companies to “take a look at what’s right outside our doorstep, namely markets with which we have developed trade through centuries and that are still thriving – even while affected by the global economic crisis.”

The Institute of Export seminar will be in the conference hall of the Arab-British Chamber of Commerce, in Mayfair.

For price details and reservations, please see www.export.org.uk/shop/events/exporting-to-nordic-regions

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