Calls for more support to help businesses trade globally

The Federation of Small Businesses Wales (FSB Wales) has called for more support to help SMEs (Small to Medium Enterprises) trade globally.

Ben Francis, policy chair of FSB Wales, said: “Wales’ role in the world has never been more important; with Brexit now around the corner Wales’ firms need all the support we can muster in order to take advantage of global trading opportunities.

“We believe that an arms-length body, tasked explicitly with supporting Welsh businesses to break into new markets and exploit new opportunities around the world is a vital way of helping more businesses develop their opportunities.”

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Mr Francis added: “Welsh SMEs have faced more challenges this year than at any other time, and with Brexit on the horizon we must urgently focus on how businesses can be empowered and supported to exploit international opportunities.”

FSB Wales has called on Welsh Government to create a specialist agency dedicated to help SMEs to delve into foreign markets and take part in trade missions around the globe.