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Go Global

For SME's, the time has never been better to cross the Atlantic with your products or services. The vast U.S. market is rising out of the recession, and at over 15 trillion in GDP, should be on the foreign sales agenda of any European company. The E.U, with 27 countries and over 300 million inhabitants demanding the highest quality of consumer goods, technology and medical standards, continues to present a sophisticated and receptive audience for American goods. Both are established markets that share a history of trade, commercial ties and stable relations. Combined, the U.S. and E.U. markets make up over half of world’s GDP. More companies in the U.S. and the E.U. alike are beginning to take a renewed look at their potential partners and clients on the opposite continent.

The European Union provides the following data on their website regarding the scale of E.U./U.S. commercial and investment transatlantic contacts:

“In both the E.U. and U.S., SME's account for more than 90 percent of the total number of businesses. Indeed, SMEs’ contributions to innovation, turnover and employment are striking. For example, two-thirds of new employment in the U.S. in the last 15 years was generated by SME's. Here are some other key facts:

  • In goods and services: E.U. and U.S. are one another’s biggest trading partners with more than €650 billion in annual trade, or €1.8 billion per day.
  • E.U. exports to the U.S. are three times higher than to China, and seven times higher than to Japan.
  • 15 million jobs are linked to the transatlantic economy.
  • Total U.S. investments in the E.U. are three times higher than in all of Asia, while E.U. investment in the U.S. is eight times higher than in India and China combined.

Let Remington Business Group be your expert on U.S/E.U. business operations.

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