Leading law firm Nabarro and Star Business are joining forces to stage a groundbreaking Round Table, linking Sheffield and the gateway to Asia and the Far East, Singapore.
Representatives from the Singapore government and Nabarro’s newly opened office in the island state will join leading figures from Sheffield’s pre-eminent growth sectors via a video link to the law firm’s Victoria Quays offices.
Taking part in the discussion will be companies that have already found success in Singapore or by capitalising upon its location and reputation as the place where West meets East to do business, as well as businesses that are exploring opportunities in that region.
Nabarro partner, Martin McKervey, says that if Britain is to rebalance its economy so that it relies less on services and more on businesses that use design and innovation skills to create tangible products, it has to target world markets.
“The Global Manufacturing Festival: Sheffield demonstrated the region’s credentials in terms of its skills, its products and its competitiveness,” said Mr McKervey.
“The whole success of this region is bound up with working in global supply chains. This is the way we are going to develop the UK’s economic recovery and create wealth.
“Singapore is a strategic gateway to China and the Far East as well as India and the rest of Asia. It is also a key global centre for commercial arbitration. We have opened an office there because, as a law firm, we do business where our clients do business.
“Some leading companies from the region are already exporting to, through and with the help of businesses in Singapore. This Round Table will give both them and companies seeking new markets a chance to learn more about the opportunities and the ways of doing business through Singapore.”
Edited highlights of the round table discussion, chaired by Star Industrial Editor Bob Rae, will appear in Star Business Monthly and as a video and text on The Star’s website: http://www.thestar.co.uk/.
Bob Rae said: “We are delighted to be working with Nabarro on this pioneering international Round Table to help local business expand their horizons.
“Asia and the Far East offer many opportunities for the Sheffield City Region’s leading growth sectors, including advanced manufacturing, digital and creative and health – as well as economies which appear to have avoided the worst effects of the global recession.
“If manufacturing is to take its rightful place as the UK’s leading wealth creator, more companies will have to broaden their international horizons, irrespective of whether they are large or small.
“This Round Table and Nabarro’s launch of its office, in the heart of Singapore’s financial district is part of that process.” The Round Table discussion will take place on Tuesday April 12, involve around a dozen leading business people and is expected to last for around two hours.