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Liam Fox Launches Awards for Best Business Partnerships of the Future

By rotide
Created 14/03/2018 - 18:05
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Searching for the best partnerships between UK and Asia-Pacific companies.

Twelve shortlisted trade projects all demonstrate how new ideas can transform the way we work, live, play or learn - the four themes of the GREAT Festival of Innovation that begins in Hong Kong a week today.

The awards, which provide a snapshot of international trade at its most ambitious and innovative, will celebrate a variety of brilliant partnerships between UK and Asia Pacific companies of every kind, from large corporates to new start-ups.

Shortlisted projects range from cutting-edge UK robotics making construction work safer for engineers in Hong Kong, to Chinese automotive technology cleaning the air we breathe in the UK's cities.

The Great Festival of Innovation in Hong Kong will showcase some of the best British businesses to the Asian market. The Festival, which has been organised by the Department of International Trade, will take place from 21st-24th March and bring together business leaders, Government Ministers and the latest ground-breaking technologies from the UK and across Asia.

Other projects up for an award include:

International Trade Secretary, Dr Liam Fox said:

"I am delighted to launch the GREAT Innovation in Action Awards, which showcase cutting edge collaborations between UK and Asian companies that will change the way work, live, play or learn in the future.

"The IMF predict 90% of growth will come from outside the EU in the coming years, so it's vital that more UK companies develop these business partnerships across the Asian Pacific region.

"That's why, as an international economic department, we are helping UK companies forge new business ties that will boost exports and investment and bring more jobs and prosperity to every part of the country."

The awards are being launched as further good news arrives for related sectors in today's ONS trade statistics, exports of British electrical equipment rose by 13.3% in 2017, with machinery exports also up by 12.8%. UK exports rose 11.5% (£64.5bn) to £625.9bn in total with the overall trade deficit narrowing by £12.8bn in the process.

Members of the international business community can vote for shortlisted projects, and winners will be announced on Wednesday 28th March. The full list of nominations and votes for the most innovative collaborations can be cast here www.greatinnovationawards.com [1]

Other projects nominated include:


Source URL:
https://www.newbusiness.co.uk/articles/international-trade/liam-fox-launches-awards-best-business-partnerships-future