Scottish business leaders target USA for first in-person trade missions since pandemic began
Scottish business leaders have targeted the US for their first in-person trading mission since the start of the pandemic.
Around 25 leaders of small to medium-sized enterprises (SMEs) – across key sectors including technology, food and drink, and finance – are expected to join trade missions to Miami and New York.
The International Trade Partnership (ITP) missions, led by Inverclyde Chamber of Commerce and Forth Valley Chamber of Commerce, aim to forge new trade links in key markets, including tech, sport and leisure, food and drink, and the creative industries.
The Scottish Government-backed ITP mission links smaller and emerging Scottish businesses with commercial contacts overseas – and already this year more than 20 firms have benefited from successful virtual trade missions to Colombia and Italy.
The virtual Colombia mission, which was the ITP’s first trade mission to South America backed by the Scottish Government, involved 16 businesses that took part in more than 60 meetings with contacts.
Some have already forged working relationships with contacts in Colombia, seen as a gateway to the Latin American and the Caribbean market.
The organisers are planning a series of networking events and meetings, as well as involvement in the return of the Tartan Day in New York in April.
Financial services are a key focus for the trade missions, and another business already established in Miami is Edinburgh-based financial services firm abrdn. The firm views the region as an important financial market opening up domestic and overseas opportunities in key areas, including Latin America.
The Miami mission, led by the Inverclyde Chamber of Commerce, takes place from 29 to 31 March this year. The New York mission, led by the Forth Valley Chamber of Commerce, runs from 6 to 8 April.
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