Thursday, April 25, 2024
ADVT 
International

UK Exporting Naan To India Shows Spirit Of Post-Brexit Britain: Minister

IANS, 30 Aug, 2018 02:56 PM
    Britain's treasury minister today used the example of a UK bakery exporting naan, a kind of Indian flatbread, to India as a "go-getting" reshaping of post-Brexit Britain as a global trading nation.
     
     
    Liz Truss, UK's Chief Secretary to the Treasury, during a visit to Signature Flatbreads in Befordshire, said that a company in the east of England selling India its own traditional bread is a sign that the region can expand its exports base as the UK prepares to leave the European Union (EU).
     
     
    "Selling naan breads in India from a company based in Dunstable would once have been unthinkable," said Ms Truss.
     
     
    "It's this type of entrepreneurial, and go-getting, spirit that will help the UK make a success of this once in a lifetime opportunity to reshape Britain," she said.
     
     
    She noted that east of England exports are already worth 29 billion pounds per year, which is set for a boost after Brexit.
     
     
    Ms Truss added: "We are in a terrific position to take advantage of the new trading horizons open to us after Brexit, and I know that businesses in Bedfordshire and beyond are raring to go."
     
     
    "The east of England is flourishing, and we are hugely committed to ensuring this region and its businesses step out into the world and benefit from our new independent trade policies."
     
     
    Signature Flatbreads, which exports its bread across Europe and the Middle East, was set up in India in 2008 and runs a factory in Nashik. In 2009, the company sold 50 per cent of its UK and India business to Ayrzta, which claims to be the world's third-largest bakery.
     
     
    During her visit to the factory in Dunstable, Ms Truss was on a mission to stress that businesses like Signature Flatbreads in Bedfordshire, and across the region, will be able to boost trade opportunities, bringing in more income and creating more jobs in the region once the UK leaves the EU.
     
     
    She said the government is investing in the infrastructure that Bedfordshire needed and the new Woodside Link road had helped connect businesses to the Dunstable area, making it more practical to set up a business and transport goods. The investment has already generated 2 billion pounds for the local economy, the minister said.
     
     
    "Successful exports mean the East of England economy was valued at more than 147 billion pounds, according to recent figures. This represents more than 8 per cent of UK total output," the UK Treasury said in a statement.
     
     
    "And a growing export economy has also helped bring unemployment to record low levels in the region at just 3 per cent," it noted.
     
     
    The minister was on tour of the region to spread the message that the government is delivering on the referendum result and is forging a new trading relationship with the rest of the world.
     
     
    Earlier this week, as part of British Prime Minister Theresa May's tour of Africa, the government had said that a UK trade agreement with South Africa and other African nations will be ready to enter into force as soon as the EU deal no longer applies to the UK. 

    MORE International ARTICLES

    UK Government Distances Itself From Pro-Khalistan Rally In London

    UK Government Distances Itself From Pro-Khalistan Rally In London
    The so-called 'London Declaration on Referendum 2020' rally, organised by Sikhs for Justice on August 12, triggered a diplomatic row with India

    UK Government Distances Itself From Pro-Khalistan Rally In London

    Indian-Origin Man In South African Held For Killing Cousin Over Fight On TV Remote

    Indian-Origin Man In South African Held For Killing Cousin Over Fight On TV Remote
    A South African Indian-origin man has been charged with murder for allegedly shooting dead his cousin during a heated argument over a TV remote control, police said.

    Indian-Origin Man In South African Held For Killing Cousin Over Fight On TV Remote

    Australian High Commission Warns Indians Against Visa Scam

    In what seems to be erupting into a major visa scam, Indians have been warned against an employment agency reportedly fleecing them with the promise of a work visa for Down Under.

    Australian High Commission Warns Indians Against Visa Scam

    Sukhpal Khaira Made President Of Punjab AAP Rebels

    Sukhpal Khaira Made President Of Punjab AAP Rebels
    Dissident Aam Aadmi Party leader Sukhpal Khaira was made ad-hoc president the party’s rebel faction, the leader announced on Monday.

    Sukhpal Khaira Made President Of Punjab AAP Rebels

    Imran Khan Moves In To Military Secretary's Home, Cuts Down On Perks

    Imran Khan, announcing a series of austerity measures to cut down the expenditure during his maiden address to the nation late last night, said that he wanted to live in his own house in Banigala "but was told by security agencies that my life was under threat which is why I am living here".

    Imran Khan Moves In To Military Secretary's Home, Cuts Down On Perks

    New Zealand Trying To Attract More Indian Students: Envoy

    New Zealand Trying To Attract More Indian Students: Envoy
    The New Zealand High Commissioner to India said her country attracts about 20,000 Indian students every year.

    New Zealand Trying To Attract More Indian Students: Envoy