U.S., U.K. to Launch Virtual Trade Tech Mission

By dc.internet.com Staff
September 16, 2002

Spearheaded by Invest-UK, the British Embassy's investment arm, and TradeBuilders Inc., the Greater Washington Board of Trade's international gateway, British and American global technology companies will launch the first virtual trade mission between the two countries Sept. 23-Oct. 11.

Other American sponsors include the Greater Washington Initiative, U.S. Commercial Service, Washington D.C. Technology Council, Software & Information Industry Association, British-American Business Association, and Greater Baltimore Technology Council. Additional British sponsors include the South East England Development Agency (SEEDA), Trade Partners UK, London First Centre, The North of England, and the Welsh Development Agency.

The virtual trade mission, aimed at high-level company executives, has the same objective as its traditional counterpart: bringing together potential overseas partners and investors. However, it all takes place online, in facilitated chat rooms and expert discussion groups, assisted by a directory of participants and a library of resources.

Participants will have access to experts from the law firm of Greenberg Traurig, the law and accountancy firm of Oury Clark, and the South East England Development Agency. Participants will also have the opportunity to take part in an Oct. 4 Sonic Telecom video conference between the UK and the International Gateway in Washington.

"This pioneering effort will provide British technology companies with a unique opportunity to network and build new business relationships with the U.S. from the convenience of any computer with Internet access. This trade mission is a good example of the UK's longstanding commitment to strong trade and investment relations with the United States," said Baroness Symons, the UK Minister for Trade and Investment. Participants will have access to potential partners, integrators, buyers, suppliers, and investors in solutions such as financial services technology, cyber and data security, data mining technology, and e-government solutions.

"Virtual Trade Missions are an excellent first step for companies seeking qualified international contacts and market information. We're proud to have this in the U.S. Commercial Service's portfolio of export assistance services," said Maria Cino, director general of the U.S. Commercial Service. "The UK is an important trading partner and ally and we hope that this virtual trade mission will help to forge new business relations between our two countries."

Firms wishing to apply to participate in the virtual trade mission should visit: www.tradebuilders.com/uk-us-vtm.html.

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