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Joint report recognises strength of Australia-UK relations

July 23, 2018

Joint report recognises strength of Australia-UK relations

The growing strength of the Australia-UK investment relationship has been highlighted in a joint report between the two countries, called “Strong Ties, Growing Stronger”. The report shows the significance of investment between the two nations, which totalled $815 billion AUD from 2010-2017, and trade, which was worth $26.6 billion AUD in 2017. Also noted in the report is that the UK is Australia’s second largest destination for Foreign Direct Investment (FDI).

The report follows the creation of an Australia-UK Trade Working Group in 2016, established to develop the reciprocal trade and investment relationship, and features 18 companies that have contributed to this two-way investment. One of the featured success stories is Seqirus, the second largest influenza vaccine provider in the world and subsidiary of CSL. Located in Maidenhead, the Thames Valley is home to both their headquarters and global research and development program.

Seqirus, who based their UK operational hub in Maidenhead in 2015, are one of a significant cluster of companies in the Life Sciences and Healthcare sector based in the Thames Valley. Read more here.

Click here to read the full report.

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About the author

Katherine Chapanionek

Katherine Chapanionek

We work alongside the Department for International Trade (DIT), the region’s Local Enterprise Partnerships (LEPs), Local Authorities and professional service providers to support foreign direct investment (FDI) into the Thames Valley. Outside of London, the Thames Valley is consistently the highest performing region in attracting foreign-direct investment into the United Kingdom.

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The Chamber of Commerce

Paul Britton
Chief Executive

We work alongside the Department for International Trade (DIT), the region’s Local Enterprise Partnerships (LEPs), Local Authorities and professional service providers to support foreign direct investment (FDI) into the Thames Valley.

For the 2017/18 financial year, we are proud to report that the Thames Valley has retained its status as the number one region in the UK, outside of London, for attracting FDI. 191 FDI projects were recorded as entering the region, with a high proportion of these investors strongly supported by the Chamber.

Contact Paul Britton

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Thames Valley Chamber of Commerce Group

The Thames Valley Chamber is a proven centre of excellence for International Trade and Inward Investment support services. Our team provides practical support to help inbound and established businesses reach their potential. We are one of the largest Chambers accredited by the British Chambers of Commerce in the UK and the only accredited Chamber in the region.

www.thamesvalleychamber.co.uk