Royal Mail to support SMEs in Exporting is GREAT

Royal Mail has signed a Memorandum of Understanding with the UK government to support the Exporting is GREAT campaign. The UK’s postal operator has agreed to support British businesses exporting while helping with the government’s intention for 100,000 new businesses to begin exporting by 2020.

The aim of the Exporting is GREAT campaign is to “inspire and support 100,000 additional UK exporters to sell their goods and services overseas by 2020”. Royal Mail has agreed to delivery services, toolkits and research that will reduce the fears many people feel around exporting goods to international markets.

One of the prime targets for the government campaign is China, which has a new and burgeoning middle class that snaps up consumer goods from the West. The government recently appointed the founder of Alibaba a government advisor to help British businesses get a toe in the door of Chinese markets. A spokesperson for the Prime Minister’s Office said that Ma will “provide particular help and advice on how to get small and medium-sized British businesses boosting their exports and in particular accessing Chinese markets through platforms like Alibaba.”

Speaking ahead of Royal Mail’s agreement to support the Exporting is GREAT campaign, Minister of Trade and Investment Lord Maude of Horsham said, “I’m delighted that the Royal Mail will be partnering with us to extend and sustain the campaign’s reach and provide support to businesses to boost their capability and help them successfully access international markets.”

Though there are some indicators of a market slowdown internationally, the UK economy has bucked the trend recently, posting growth figures that have surpassed expectations. Exporting is seen as a way of growing a business where a market is flat or saturated, and can seriously boost a company’s revenues.