UK government issues support package to help businesses grow cross-border

Tuesday 9 September 2014 14:01 CET | News

UK government has released a support package aimed at boosting cross-border business, reports.

UK Trade & Investment organisation, a UK Government department, has informed that businesses can develop international trade via online channels and that the support package can offer SMEs a cost-effective way to expand reach in terms of both numbers and geography.

The government unit is currently working with various international e-marketplaces, including Tmall China, Amazon China, Japanese ecommerce platform Rakuten and Harper’s Bazaar.

The programme, dubbed the e-Exporting Programme, will encourage UK exporters to reach out to the generation of digitally-capable consumers who are increasingly influenced through online channels.

In recent news, PayPal has revealed plans to launch in the UK the small and medium-sized business lending service dubbed PayPal Working Capital.

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Keywords: UK, government, support package, regulations, SME, cross-border, growth, business, retailers. customer
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce