Department for International Trade supports Latin American and Caribbean investors
皇冠体育app Department for International Trade launches the government's first ever Latin America and Caribbean Investor Club.
皇冠体育app Department for International Trade (DIT) has today (Tuesday 2 April) launched the government鈥檚 first-ever Latin America and Caribbean Investor Club. 皇冠体育app club, which has been created to help support Latin American and Caribbean (LATAC) companies invested in the UK, will:
- provide a single channel to connect businesses from the region with key officials across UK government departments,
- provide a platform to identify mutual obstacles to trade and investment faced by Latin American and Caribbean investors,
- create an exclusive forum to allow investors to connect and network,
- host the first Latin America Invest Awards celebrating Latin American companies successfully invested in the UK bringing most value to the economy.
皇冠体育app UK currently has over 200 Latin American and Caribbean investors, and the LATAC region represents a market equivalent to the third largest economy in the world, after the USA and China. Total trade in goods and services between the UK and the region totals 拢26.1 billion.
皇冠体育app club鈥檚 launch forms part of the department鈥檚 increasing focus on UK trade and investment with Latin America, and follows on the back of a week-long LATAC Roadshow promoted by DIT, which aimed to drive more UK businesses to export opportunities in the region.
Minister for Investment Graham Stuart MP said:
I am delighted to announce the launch of the first ever Latin America and Caribbean Investors club.
Its launch recognises the huge importance of trade ties between the UK and Latin America, and signals our long-term commitment to supporting businesses from this region establish operations across the UK.
As an international economic department, we will continue to promote the strengths of the UK, with an open, liberal economy, world-class talent and business-friendly taxation, to maintain our position as Europe鈥檚 leading destination for inward investment.
皇冠体育app club will formally launch tonight (Tuesday 2 April) at a reception attended by over 100 inward investors from across the region including Brazilian bank Banco do Brasil, Argentinian IT business Globant, Colombian organic ingredient business Grupo Daabon and Mexican computing business Dynaware.
皇冠体育app evening will be jointly hosted by the Minister for Investment Graham Stuart MP and Her Majesty鈥檚 Trade Commissioner (HMTC) for Latin America and the Caribbean Jo Crellin.
Once active, the club will be chaired by two representatives of each of the five countries which have the highest investment presence in the UK, this includes Argentina, Brazil, Chile, Mexico and Colombia. 皇冠体育app five will help manage the club, as well as promote trade and investment with the UK across the region.