Exporters - Find Eastern Promise in India and Japan, expressions of interest form now available

As Western markets retrench, export opportunities in Asia continue to grow. The CIA and UKTI have put together a 2012 programme to boost the presence of UK chemical sector businesses in the fast growing market of India and the technology hungry market of Japan.

Why India? In recent years India has become one of the world’s key pharmaceutical and general chemical production centres. The business prospects in India for fine and speciality chemical exporters have been consistently expanding at around 8% p. a. The forthcoming EU/India Free Trade Agreement will include trade liberalisation provisions for chemicals. In 2009, the CIA and the Indian Chemical Council signed a Memorandum of Understand to jointly develop a mutually beneficial business trade development programme. Language, business culture, regulatory systems and international transport links make India one of the easiest places to do business in Asia.

There will be a UK branded pavilion at Chemspec India, the fine and speciality chemicals exhibition taking place in Mumbai on 26-27 April 2012. The package on offer, which is available for UK companies of all sizes, includes a fully furnished space on an enhanced design pavilion (including display panels), a featured advertisement in the Show Catalogue and Speciality Chemicals magazine, new business introductions as well as assistance in finding discounted accommodation. The basic cost and the enhancements come at a subsidised price of £240 per sq m plus a one-off CIA management fee of £400 per company (plus VAT).

Why Japan? The market for fine chemicals continues to expand in Japan as the Yen strengthens and the local pharmaceutical industry continues to open up to foreign suppliers. Outsourced manufacturing of pharmaceuticals in Japan is currently worth about $2 billion a year. Quality UK products are very well-regarded by the Japanese.

Inward and outward missions have featured in the UK TI’s Japan programme in recent years and will again do so next year. UK pavilions organised by the CIA have successfully introduced several new companies to the Japanese market. Grant funding of £1800 per eligible company has been secured from UKTI for the proposed UK Pavilion at CPhI Japan 21-23 March 2012. The full support package includes furniture, Japanese display panels, interpretation, business guidance, technology showcase seminars and an on-site stand manager. The complete unsubsidised price is £700 per sq m plus a one-off CIA management fee of £400 per company (plus VAT). The pavilion will also be the base camp for a visiting UK fine chemicals business mission that will be visiting Japan and Korea. It is hoped to organise a reciprocal inward mission from Japan in September 2012.

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