International Trade Department Update
Welcome to the June edition of the International Trade Newsletter.
May to June has been an exceptionally busy period in the world of UK trade, with the sealing of landmark trade deals with India, the US and the EU. Read more in our articles on the UK-EU Summit and how UK Free Trade Deals unlock opportunities for exporters.
We also have some Read MoreGPSR – How product safety standards are changing
The General Product Safety Regulation
The GPSR is an EU regulation designed to ensure all consumer products in an EU market are safe. This means the consumer is better protected against unsafe products sold on and offline. It came into effect on 13th December 2024 and from this date all new products Read MoreUK Free Trade Deals: Unlocking New Opportunities for Exporters
Post-Brexit, following the UK’s departure from the EU, the country has embarked on an ambitious journey to establish a global network of free trade agreements (FTAs). These agreements are designed to reduce tariffs, simplify customs procedures, and open new markets for UK exporters.
Free trade Read MoreThe UK-EU Summit & Trade and Co-operation Agreement
The UK-EU Summit
UK Prime Minister Keir Starmer met with President of the European Commission Ursula von der Leyen and the President of the European Council António Costa for the first UK-EU Summit since the UK left the EU, held on 19th May 2025 in London.
The UK and the EU have agreed on a substantial Read MoreUnderstanding Import and Export VAT
VAT is a consumption tax applied at each stage of a supply chain, and it is crucial for businesses who engage in cross border trading to have a good understanding of how import and export VAT is calculated. The rules of VAT change between domestic and international transactions and it is essential to remain compliant, avoid any costly penalties, and Read MoreUK Trade: April 2025
ONS Trade Data : April 2025
The value of goods exports decreased by £2.7 billion (8.8%) in April 2025, with falls in exports to both the EU and non-EU countries.
Exports of goods to the United States fell by £2.0 billion in April 2025, likely linked to the implementation of tariffs on goods imported to the United States.
The Read MoreNavigating US Trade Tariffs in 2025: What UK Exporters Need to Know Now
The first half of 2025 has seen significant activity around US trade tariffs, with recent policy changes and evolving trade discussions adding new layers of complexity for UK businesses exporting to the United States. Understanding these developments is crucial for companies looking to protect their Read MoreSupporting you with CBAM Regulations: Upcoming Webinar
Our CBAM Consultancy Service and Free Health Check Tool is here to support you.
As the global push for carbon neutrality intensifies, the European Union introduced the Carbon Border Adjustment Mechanism (CBAM) to ensure imported goods are subject to the same carbon pricing as those produced Read More Events in the World of International Trade
Update from recent events
GTR West Africa
Over 450 industry professionals attended West Africa’s premier two-day event for trade, supply chain, infrastructure and export finance. Themes discussed included sustainable investment and the energy sector trade.
Read more here
Upcoming Read MoreTrade Talks
Updates On Recent International Trade Discussions & Agreements
CPTPP: joint ministerial statement in Jeju, 16th May 2025
A jointly prepared statement following the meeting in Jeju, Republic of South Korea, on 16th May 2025 of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) members.
Read more here
UK Read MoreRegulation Updates
Updates On Recent International Trade Regulations
The UK and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Business guidance, treaty information and other documents to help you understand the UK’s membership of the CPTPP.
Read more here
Overseas business risk for Ireland
Information on key Read More Trade Updates from The British Chambers of Commerce
This month's updates from the British Chambers of Commerce (BCC)
► UK-Türkiye Negotiations Update William Bain took part in a roundtable meeting with the Department for Business and Trade (DBT) on negotiations for an upgraded trade agreement with Türkiye on services and digital Read More