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21 Aug 2023

Events Industry Alliance responds to Business and Trade Committee inquiry on export-led growth

Events Industry Alliance responds to Business and Trade Committee inquiry on export-led growth

The Events Industry Alliance (EIA) recently submitted a response to Westminster’s Business and Trade Committee’s inquiry on export-led growth.

The cross-party committee of MPs is using the inquiry to examine how well equipped the UK is to achieve the Government’s target of £1 trillion exports by 2030. It will also consider how the UK can take advantage of export opportunities in emerging technologies and critical international supply chains.

The EIA’s response offered an introduction to the business events sector and outlined the ways in which the industry is a British success story fuelling travel, tourism and hospitality whilst acting as a catalyst for growth by bringing together investors, innovators and customers from around the world.

The response also featured more detailed insight into the opportunities for growth that already exist due to the large number of trade shows that cover key policy areas of interest to UK policymakers.

The EIA used this as an opportunity to attend to the difficulties the industry has faced when trying to galvanise Government recognition and support for the industry. Be it through soft support by way of engagement with key trade shows and exhibitions or more recognition of the industry as a separate entity requiring tailored support and subsidies, there is more to be done to enable the business events industry to maximise its contribution towards the Government’s target of £1 trillion in exports by 2030.

Chris Skeith, director, EIA said: “The EIA is in the privileged position to represent businesses across the industry from world-class venues to organisers hosting high profile shows across key business sectors and the crucial accredited suppliers that service them.

“As part of increasing our programme of advocating to MPs on behalf of our members we have been responding to Westminster Select Committee inquiries more frequently.

“We were glad to have an opportunity to reiterate the importance of the industry to the Business and Trade Committee and emphasise the huge potential it has to contribute positively to the Government’s aim to reach £1 trillion worth of exports.”

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  • The events industry is only as good as the sum of its parts – the EIA represents all parts of our amazing industry. We are members because together we are so much stronger and are therefore so much better placed to deal with both our challenges and the massive opportunities that lie ahead.
    Simon Parker
    CIBSE
  • The EIA serves as the quintessential industry forum and working group representing the cornerstones critical to all events; the organiser, the venue and the supply chain providing goods and services to the sector. Whilst it’s always been a valuable alliance for the industry, in these times of post-pandemic economic uncertainty and geo-political challenges, the ability for the industry to convene, confer and communicate as a unified sector is imperative as we seek to grow and have an even greater impact on the UK’s social and economic landscape.
    Shaun Hinds
    Manchester Central
  • The EIA is a great forum for collaboration between three of the major UK business events associations. It’s so important as an industry that we speak with one voice, that we collaborate on the biggest issues that we face and that we build mutual understanding and respect. The EIA provides the opportunity to do all of these things and is a made more powerful by all of our contributions.
    Carina Bauer
    IMEX

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