INTERNATIONAL TRADE DEPARTMENT UPDATE
Welcome to the June issue of our International Trade Newsletter, your go-to source for the latest insights, updates and, trends in the dynamic world of global commerce. As businesses continue to navigate the complexities of international markets, staying informed about trade policies, economic developments, and market opportunities is crucial.
Our Read MoreEssex Global Summit – A Resounding Success for Essex Chambers of Commerce
The inaugural Essex Global Summit was a tremendous success for Essex Chambers of Commerce. We welcomed over 100 attendees to the wonderfully opulent surroundings of Hylands House in Chelmsford on Wednesday 22nd May to partake in a conference unlike anything bought to Essex before. Working in partnership Read MoreMATCH FUNDING AVAILABLE FOR INTERNATIONAL TRADE TRAINING
Funding is still available for our latest funding initiative, in partnership with Essex County Council, for international trade training! The newly announced match funding aims to provide support for our members aspiring to excel in the dynamic world of global commerce.
The initiative comes at Read MoreWhy you must not overlook the importance of Incoterms
Incoterms are something a lot of business overlook or misunderstand when trading internationally. It is essential that businesses understand Incoterms® as their use is vital for the successful movement of goods between customers and suppliers around the world. The misuse of these terms can lead Read MoreMastering Safety: Essential Procedures for Handling Dangerous Goods
Introduction
In the complex and interconnected world of industries, the safe handling of dangerous goods is a paramount responsibility. This blog aims to unravel the essential safety procedures for handling dangerous goods, exploring proper storage, packaging, labelling and transportation methods Read MoreAre you looking to move your goods overseas temporarily?
If you are planning to temporarily move your goods overseas, known as exporting, you need to consider the customs processes involved in doing this.
When exporting temporarily you will be subject to export and import clearance procedures in both the UK and the country, or countries, you will Read MoreWHO IS GEF? UK exports could surge if SME export finance guarantee scheme promoted more effectively
SME exports could grow if more companies were aware of and using ‘GEF’ – the General Export Facility – a relatively unknown but valuable government scheme designed to boost Britain’s SME exports by providing an 80% guarantee Read MoreSWISS LINKS: A KEY TO BETTER EUROPEAN TRADE?
The BCC’s Head of Trade Policy, William Bain, recently spent three days in Switzerland, looking at its trade with the UK and relationship with the rest of Europe.
This is what he learnt:
Switzerland is one of the UK’s strongest trading partners with a depth to its finance Read MoreGetting your Commodity Codes right on your exports & imports!
Understanding what a Commodity Code is, what is it used for, why it is important, and how you can find the correct one for your goods is crucial for international traders.
Many businesses have problems during the shipping process and having your goods stuck in customs, results in delays and Read MoreThe EU's Carbon Border Adjustment Mechanism (CBAM)
If you import aluminium, steel, iron, fertilizers, electrical energy, hydrogen or cement into the EU and the goods are produced outside the EU, your imports are now subject to the new Carbon Border Adjustment Mechanism (CBAM), with fines being incurred for non-compliance.
What is the CBAM regulation?
The Read MoreTRADE UPDATES FROM THE BRITISH CHAMBERS OF COMMERCE
This month's updates from the British Chambers of Commerce (BCC)
► The BCC was briefed by the Director-General for Trade Negotiations, at the Department for Business and Trade, on the latest progress in trade negotiations affecting markets from India to the Gulf Co-operation Read More