The UK Government unveiled its UK Trade Strategy on 26 June 2025, setting out a clear plan to boost exports, deepen trade relationships and support British businesses abroad. The strategy outlines how the UK will leverage its strengths – particularly in services, energy, and innovation – while opening new markets and ensuring economic resilience.
For British-Norwegian trade, the strategy is particularly relevant given the two countries’ strong ties in energy, maritime, technology, and services. The UK continues to be a major importer of Norwegian energy, and the strategy highlights clean energy and critical minerals as priority areas for trade and investment. It also promises to improve export credit facilities, simplify trade processes for SMEs, and pursue agreements in sectors such as digital trade and green technology.
Key highlights of the strategy include:
- A £20 billion expansion of UK Export Finance to support exporters.
- Focus on UK’s role as a “services superpower” and on high‑value sectors.
- Greater emphasis on clean energy, sustainable trade, and critical supply chains.
- New initiatives to remove trade barriers and enforce fair trade practices.
For British businesses engaged with Norway – or Norwegian firms investing in the UK — the strategy provides a clear signal of the UK’s commitment to deepening economic cooperation in areas of shared strength and strategic importance.
Read the full UK Trade Strategy on GOV.UK.
UK trade strategy
We encourage our members to explore these opportunities and please feel free to contact us for further guidance.