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Wales in Good Position to Take Advantage of International Opportunities

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ACCA Cymru Wales (the Association of Chartered Certified Accountants) held its annual St David’s Day Business Breakfast on March 1, welcoming a virtual audience to discuss how Wales can perform on the international stage.

Nan Williams, Chair of GlobalWelsh, was the keynote speaker of the event which also included contributions from Lloyd Powell, Head of ACCA Cymru Wales and John Cullen, Partner at Menzies.

GlobalWelsh is a not-for-profit organisation which has 11,000 members across 50 countries worldwide. Working in partnership with the Welsh Government, GlobalWelsh’s focus is on business, entrepreneurship and supporting the economy through inward investment, trade, exporting, mentoring, sharing expertise and making connections.

During the course of the event, Nan Williams explored how Wales could build economic impact on an international stage, noting the progress made in the last decade and looking forward to the next five years with the Welsh Government’s international and diaspora strategies.

Key sectors highlighted for growth and global opportunities included compound semi-conductors, cyber security, life sciences, renewable and marine energy, and advanced manufacturing.

Nan Williams said:

“Wales is in a good position to take advantage of international opportunities. We now have clear and compelling strategies to build economic impact and could see significant acceleration in the next five years if individuals, businesses, organisations and professional advisers join together and collaborate.

“This will be particularly important in a post-Brexit and Covid world and diaspora engagement will be essential as well.”

Presenting the latest research by sapient.d, conducted in 2020, Nan Williams shared with attendees the role and impact of the Welsh diaspora around the world.

Nan continues:

“The diaspora sapient.d has surveyed has only positive associations of Wales and reinforces the Welsh Government’s strategies with areas such as manufacturing and technology identified as key industries in both. Other notable associations from our research include sustainability, authenticity, culture and innovation and these should not be under-estimated in future plans.”

Lloyd Powell, Head of ACCA Cymru Wales, said:

“We were delighted to welcome Nan Williams of GlobalWelsh to our St David’s Day breakfast event. These valuable insights will provide food for thought for all who attended. It is clear that there is support and an appetite for Welsh businesses to achieve on the global stage.”

 

The event, which was sponsored by Menzies and the University of South Wales, also featured a performance by Only Men Aloud and encouraged donations to its chosen charity, Marie Curie’s Great Daffodil Appeal.

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Over the past 6 years, Rachel has been working specifically within the digital marketing space and has worked with some of the country’s top brands. During this time, Rachel was a key attribute to the success of our sister product, Recruitment Buzz, which has firmly established itself as one of the leading publications within the Recruitment sector. Drawing on her knowledge and experience, Rachel has developed a genuine understanding of how content can engage and compel an audience.

Having a passion for travel and culture, Rachel left her hometown of Cardiff to pursue studies and travel and after several years away, Rachel returned to Cardiff and firmly established herself within the development of Business News Wales. Rachel is now responsible for every aspect of web management, marketing and overall production of the Business News Wales brand.

Having learnt some invaluable skills within the marketing industry, Rachel is often called upon for her skills and knowledge of WordPress, HTML, email marketing software, Photoshop design and social media tools.

 

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