UK's Scotland Office to fund SCC to launch new global trade initiative
The Scotland Office, responsible for Scottish affairs in the Briitish government, will fund the Scottish Chambers of Commerce (SCC) to launch a new international trade initiative, Scottish secretary Ian Murray recently announced.
The collaboration will be supported by a grant of £100,000 ($135,650) to promote Scottish goods and services and bring foreign direct investment into Scotland, a British government release said.
The UK Scotland Office will fund the Scottish Chambers of Commerce to launch a new global trade initiative, Scottish secretary Ian Murray said. The collaboration will be backed by a $135,650 grant to promote Scottish goods and services and bring FDI into Scotland. “Boosting Scottish exports and selling the best of Scotland overseas is a key lever in delivering economic growth at home,†he said.
Murray has been working with business groups as part of his Brand Scotland programme.
For the first time in more than two years, the Scottish Business Growth Group was convened in Edinburgh on June 13, bringing the UK and Scottish governments together with business leaders to discuss how they can deliver economic growth.
The forum, jointly chaired by Murray and the Scottish government's minister for business Richard Lochhead, brought together officials from both of Scotland's governments alongside business representatives and the Scottish Trades Union Congress.
'With the UK Government committing to significant increases in defence spending, there are huge opportunities for Scottish workers and defence firms….On nuclear power, the announcement this week of UK Government investment for Sizewell in England is a reminder of the huge potential of nuclear power. Thousands of skilled jobs and billions of pounds of investment could come to Scotland, but only if both governments work in partnership with industry to unlock those opportunities,' Murray said.
'Boosting Scottish exports and selling the best of Scotland overseas is a key lever in delivering economic growth at home. Our Brand Scotland programme, boosted by £2.25 million in the Spending Review, will do just that,' he added.
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