Camp­bel­town

The Oban Times - - Districts -

A CHINA busi­ness trade sum­mit be­ing or­gan­ised by Bren­dan O’Hara MP has had to be post­poned fol­low­ing the de­ci­sion to hold a UK gen­eral elec­tion on Thurs­day June 8.

Mr O’Hara had been work­ing with the China Bri­tish Busi­ness Coun­cil, High­lands and Is­lands En­ter­prise, Scottish De­vel­op­ment In­ter­na­tional and Ar­gyll and Bute Coun­cil to bring the event to Camp­bel­town on June 22.

Mr O’Hara said: ‘Ac­cess­ing and ex­port­ing into new mar­kets is vi­tal if Scottish busi­ness and lo­cal economies such as ours are to flourish. Busi­nesses that ex­port are usu­ally more prof­itable, have greater pro­duc­tiv­ity and are more fi­nan­cially se­cure, thereby cre­at­ing more jobs and greater pros­per­ity.

‘How­ever, only 11 per cent of UK busi­nesses ex­port and a mere seven per cent of UK ex­porters tar­get high growth economies such as China.’

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