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UK tells Bahamas: Let’s expand 295% export rise
from 06092023 BUSINESS
by tribune242
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
THE UK wants to build on last year’s 295.1 percent increase in Bahamian exports and thus cure its “historical commercial underrepresentation” in this nation, its trade chief for Latin America and the Caribbean has revealed.
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Jonathan Knott, the UK’s trade commissioner for the region, in responses to Tribune Business questions during this week’s four-day visit to The Bahamas said he wants to further expand the £324m worth of goods and services that this country exported to his during 2022.
Speaking as the UK seeks to reset its trade and business relationships post-Brexit, and its departure from the now-27 state European Union (EU), M Knott said: “The UK has been historically underrepresented commercially in The Bahamas. As the country refocuses after leaving the EU, the UK wants to address that underrepresentation across the region and, in particular, here in The Bahamas.
“The UK in 2022 imported goods and services from The Bahamas valued at £324 million, an increase of 295.1
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