Date: 03 March 2017
Associated Document: ceca-presentation-thursday-2nd-march-2017-uk-export-finance.pdf
At our Members' Meeting in London on 2 March 2017 UK Export Finance gave a presentation to members on the benefits of exporting. UK Export Finance (UKEF) and the former UKTI (now rebadged as DIT, Department for International Trade) work together to identify and fund overseas projects for the benefit of British business. Only a handful of UK contractors are operating overseas at the current time, post Brexit, the UK government is keen to see more companies in the international arena and will be highly supportive of contractors willing to enter the export market. UK contractors are guaranteed payment for work completed on UKEF funded schemes, which is managed through a third party, normally a British bank such as Standard Chartered.