News from our global business network
INTERNATIONAL TRADE DEPARTMENT UPDATE
Welcome to the September issue of our International Trade Newsletter, your guide to the latest updates and goings on in the world of global trade. In this issue we’ll explore revisions to the Windsor Framework, the UK, US and Australia Supply Chain Resilience Pact and the growth of the UK-Ukraine Digital Trade Agreement.  We are committed Read More
Creating an International Strategy
One of the many ways companies can grow their business is entering into global markets. It’s a daunting task and not one to be taken without preparation. To compliantly do business and sell products or services in a new global market, you must develop an international strategy.   What is an international strategy? An international Read More
Discovering opportunities in Western Australia Free* Webinar
With diverse opportunities, robust supply chains, a reliable trading record, and a collaborative approach to investment – Western Australia is an ideal partner for business worldwide. Western Australia has a range of cutting-edge industries and competitive advantages that help unlock commercial Read More
UK, US and Australia sign supply chain resilience pact
On Monday 9 September 2024, the United Kingdom, United States and Australia signed a Memorandum of Understanding (MoU) establishing a new trilateral collaboration that will strengthen strategic cooperation and address risks to critical supply chains. The MoU includes the establishment of the Australia-United Read More
Windsor Framework Revisions - September 2024
The Windsor Framework, a post-Brexit agreement governing the movement of goods between Great Britain and Northern Ireland or Europe, has recently introduced key updates designed to ensure smoother implementation. Implemented in October 2023, The Windsor Framework was created to address the challenges Read More
UK-Ukraine digital trade set to grow
UK-Ukraine trade is set to grow as the UK-Ukraine Digital Trade Agreement (DTA) entered into force on 1 September, allowing businesses on both sides to benefit from quicker and cheaper trade.  The digital agreement is one of the first of its kind and opens the door to wider shifts to digital trading systems. Such digital systems are more Read More
Unveiling Trade Opportunities in Bulgaria: A Gateway to Economic Prosperity
Nestled at the crossroads of Europe and the Middle East, Bulgaria offers a wealth of trade and investment opportunities in a diverse and dynamic economy. Since joining the European Union in 2007, the country has made significant strides in enhancing its business environment, fostering industry strengths, Read More
Difficult July for UK goods exports
Responding to the latest trade figures published by the ONS, William Bain, Head of Trade Policy at the British Chambers of Commerce, said:  “We know trade data is subject to monthly fluctuations, but it was still disappointing to see that June’s particularly strong gains were reversed in July.  “Taking the past three Read More
Future of Learning in the GCC: How much can we contribute to Education Technology?
Since the mid-2010s, education in the GCC has undergone significant reforms to align with global standards. Despite challenges, the rapid adoption of EdTech offers a promising path to revolutionise education with key drivers such strategic government Read More
UK to join CPTPP by 15 December
The UK has secured the sixth and final ratification required to trigger our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before the end of this year.   CPTPP is a free trade area spanning five continents and almost 600 million people once the UK joins. Following Peru’s ratification of our Read More
Indonesia & Thailand UK ROADSHOW 1-2-1 Export Opportunities Meetings
Southeast Asia is one of the fastest-growing regions globally, with an economic growth rate of 5.5% in 2022. Indonesia and Thailand stand out as key markets in the ASEAN economy, offering abundant resources and strategic trade opportunities. The region is brimming with potential for UK businesses. With Read More
Alcohol Duty: HMRC new digital service
In August, HMRC wrote to approved producers of alcoholic products in the UK to tell them about the new digital service we’ll be launching in March 2025 and how to get ready.  The new digital service will simplify and modernise the processes for Alcohol Duty approvals, returns, and Read More
TRADE UPDATES FROM THE BRITISH CHAMBERS OF COMMERCE
This month's updates from the British Chambers of Commerce (BCC)      ► The BCC spoke with officials in the Department for Business and Trade (DBT) about how the Border Target Operating Model is functioning from an import and export perspective, drawing upon our recent Read More
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