Chairman of the Commonwealth Enterprise and Investment Council (CWEIC) Lord Marland has written an opinion piece in the Birmingham Post where he argued that Birmingham’s businesses have an advantage when it comes to exploring Commonwealth markets after the Brexit vote.
To add to the Commonwealth Factor that UK companies already stand to benefit from with Commonwealth trade, Birmingham’s distinctive Commonwealth diaspora – with strong Indian, Pakistani, Bangladeshi, African and the Caribbean links and heritage – not only help lower barriers to trade but also mean that its products and services often closely align with the needs of those markets. With the rapid digitalisation of trade and the flourishing of e-commerce making borders less relevant by the day, Marland argues that this is a fantastic advantage.
And as the power house behind the industrial revolution as well as the heartland of the UK’s manufacturing sector today – Marland believes the Midlands is in prime position to take advantage of the trading opportunities that the UK’s exit from the European Union will now present.
To read the full article, you can download the Birmingham Post app here and turn to page 30 of the Oct 4th edition.