Bilateral trade between the UK and UAE is worth more than £21bn per year and our investment links have never been stronger. The current trade negotiations have the potential to strengthen trade and investment in key sectors such as aviation, automotive and life sciences.

All eyes are on the UAE this year as the nation prepares to host COP28. There is a huge opportunity to influence the international trade landscape through investment and policies which raise green innovation and trade in green goods and services.

The UAE’s ambitions were set out in Glasgow during COP 26 when they pledged to reach net zero by 2050. The UAE has led from the front in a region traditionally powered by hydrocarbons, holding the record for the largest increase in renewable capacity globally over the past decade.

The UK and the UAE share a long history of collaboration in sectors from infrastructure and education to healthcare and financial services. More recently, this has included working together in renewable energy too. Over a decade ago, Masdar made an investment into the London Array wind farm off the coast of Essex. Today this is one of the largest wind farms in the world, powering over half a million homes and displacing 925,000 tonnes of C02 emissions each year.’

Our expert panellists for the webinar include:

• Khalid Al Qasimi, Deputy Head of Mission at the UAE Embassy in London
  
• Souad M. Al Hosani, Executive Director and Head of Asset Management Sales at First Abu Dhabi Bank

How to obtain and maintain AEO certification

In September the Chamber are running a half day workshop targeted at individuals and teams employed by logistics/forwarding companies and global and local manufacturers who need to understand how to obtain and maintain AEO certification.


Who should attend?

• Managers responsible for customs, trade, quality and compliance
  
• Financial directors and managers
  
• Supply chain and logistics professionals
  
• Security managers who are responsible for compliance with AEO safety and security.

Register for your place here.

You can view the full list of all our training courses on the Chamber website.

Courses can also be tailored to meet your company’s specific requirements. For more information about a bespoke course for your company, which can be delivered remotely or in person, please contact the Chamber on 01223 237414.

CHIEF to CDS - Practical Training for the change in customs declaration systems
Thursday 21 September, 9.30am-1.00pm

Is your company prepared for the upcoming deadlines?

After five years of preparation, the Customs Declaration Service (CDS) will be the long-term replacement for the current CHIEF (Customs Handling Imports and Export Freight) platform - replacing a system based on paperwork with a digital platform.

CHIEF closed its e-doors for import declarations on 30 September 2022. The final closure for export declarations will be on 30 March 2024.

Who is this course suitable for?
This course is suitable for agents with practical experience in submitting customs declarations in CHIEF, who will need to complete import and export declarations with EU or third countries.

Register here.

Next steps for UK financial and professional services in international markets
Thursday 12 October

This morning conference will discuss what is needed to enable UK financial and professional services to trade in international markets.

Policymakers and stakeholders will discuss what is needed to address barriers for professional services exports and reduce uncertainty for firms.

Register here.

Sri Lanka Boat and Marine Show
27-29 October 2023

As South Asia’s most significant International Boat and Marine Show, the Sri Lanka Export Development Board and the Chamber of Marine Industry of Sri Lanka are organising the ‘Boat and Marine Show 2023’ at the Marina, Colombo Port City, Sri Lanka.

The High Commission of Sri Lanka in London wishes to invite you and related organisations to visit Sri Lanka and to experience the opportunities at the show.

More information on this show could be obtained from the website.

Arab-British Economic Summit 2023

ABES2023 will connect influential business leaders with thought leaders from across the British and Arab worlds. ABES2023 is a unique opportunity to meet and network with inspiring business professionals.

The day-long event will be held at the Hilton London Metropole on Monday 20 November and reflects the keenness of both sides to develop and strengthen the UK-Arab strategic partnership, central to the emerging vision mentioned in the Summit’s title.

Register here.

SAVE THE DATE

No time to spare to get exporting businesses prepared for the introduction of the EU carbon border adjustment mechanism (CBAM) reporting requirements on goods in scope from 1 October. Here is the EU guidance on compliance for firms in the UK and beyond.

An extension to the phase-in period for exporting businesses not currently using the Customs Declaration System (CDS) until 30 March 2024 was announced by the UK government last week.

The BCC took part in a roundtable on digital trade hosted by Barclays last week. See a reminder of the key digital trade asks from their recent 2023 Trade Manifesto here. 

The BCC discussed the prospects for a comprehensive UK trade deal with India with BBC News last week. Read their comments in this article.