8. 5. Statement: Focus on Exports

Part of the debate – in the Senedd at 4:47 pm on 22 November 2016.

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Photo of Ken Skates Ken Skates Labour 4:47, 22 November 2016

Well, the vast majority of businesses that take part in trade missions are SMEs and just to demonstrate how we are intensifying our activities abroad, in the last two months, we’ve taken more than 110 different businesses on trade missions and to exhibitions overseas. In addition to Japan, we’ve been to India, Ireland, Germany and Belgium, to name but a few.

In terms of e-exporting services, well, we offer advice and guidance to businesses large and small, but primarily to microbusinesses and small-sized enterprises. We also connect businesses with the e-exporting service offered by the Department for International Trade, and this service, which has recently been enhanced, provides companies with access to preferential rates on some of the world’s largest online marketplaces, such as Amazon China and Harper’s Bazaar. I think it’s worth saying that, insofar as an SME is concerned, where a product or a service is deemed to be suitable for selling online, we will help companies in a number of ways, from advising on the optimisation of their websites through to helping them to understand issues such as taxes and VAT. This is a service that is provided on a dedicated one-to-one basis by Business Wales, and is proving successful in increasing the number of small and medium-sized enterprises that are exporting. But it is something that I wish to see grow and wish to enhance. It’s absolutely vital, in a post-Brexit Wales, that we encourage more and more businesses to export. For that reason, we’ll be hosting a number of summits in the new year, bringing together experienced exporters with small and medium-sized enterprises that are yet to export.