This month's updates from the British Chambers of Commerce (BCC)
► The BCC met with newly appointed Shadow Trade Minister Afzhal Khan MP to discuss key priorities from their 2023 Trade Manifesto and begin a dialogue on improving UK export performance.
► The Trade Remedies Authority has initiated an extension review into the future of the UK’s steel safeguard measures on 15 categories of steel products beyond mid-2024. Let us know how you may be affected.
► New UK rules on trade remedies on certain iron and steel imports, principally from Russia and Iran have taken effect. The BCC raised the issue of compliance burdens for UK and other third country steel and iron products with EU sanctions on Russian sourced or processed steel and iron with the EU Embassy. The issue has been referred to DG Trade at the European Commission in Brussels for further consideration.
► The BCC discussed with DBT officials the policy and legislative solutions required to underpin the commitment to retain the indefinite usage of CE marking for most goods placed upon the UK internal market.
► The BCC has had further discussions with the UK’s India Negotiating Team on their priorities for the trade negotiations ongoing with India.
► UK exports moved into reverse in August, according to the latest Office for National Statistics release. Read the BCC’s reaction and analysis of the latest trade data here.