What does the Border Target Operating Model
mean for trade
 
We have limited places available for a private roundtable event with the British Chambers of Commerce to highlight what the Border Target Operating Model (BTOM) will mean for trade going forwards. BTOM is a document published by the UK Government outlining the strategy and processes for how UK borders should be managed in the wake of the UK’s exit from the EU. The system will be introduced in multiple stages during 2024 with the first phase launching on 31 January. You can request a booking list for this event by emailing our events team.

On 27 February the Chamber will be exhibiting at the UK Export Finance Cambridgeshire Business Forum. Full details of this event can be found below. Come along and speak to me, and my colleague Montse, about how we can support your international trade activities.

This week you can also catch up the latest trade updates, training courses and events.

If you have any international trade queries please email internationaltrade@cambscci.co.uk or telephone the team on 01223 237414.

Karen Cash
International Trade Team Leader
01223 237414
Karen.jpg
 
Roundtable discussion on the Border Target Operating Model

We are delighted to welcome William Bain, Head of Trade Policy at the British Chambers of Commerce, to a private roundtable event on Tuesday 20 February where we will focus on the Border Target Operating Model (BTOM) and what this means for UK businesses with the additional customs rules and checks.

The event is limited in numbers to a maximum of 16 guests to ensure that each person has time to join in the discussion and ask any questions they may have.

If you would like to attend this event, which costs £30.00 (plus VAT), please email us for a unique booking link. Places will be allocated on a first come, first served basis.
 
TRADE UPDATES
 
Today, Tuesday 23 January, Head of International Trade Policy at the BCC, William Bain, will be giving oral evidence to the House of Commons Business and Trade Committee on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Last week, the UK government published its Critical Imports and Supply Chain Strategy, with 18 recommendations intended to help business with the security and efficiency of supply chains. Read the BCC response and next steps we are calling for. The full strategy can be found here

The BCC took part in a roundtable discussion on trade policy last week with special advisers to the Shadow Cabinet, covering UK-EU trade, India, supply chains, US and China.

They also raised issues with the EU Embassy which were highlighted by the Chamber Network. This covered issues about compliance with the EU Carbon Border Adjustment Mechanism (CBAM) reporting requirements for UK companies. A summary of current EU guidance can be found here. You can find out more about CBAM by registering for our free webinar on Tuesday 6 February using the link in the events and webinars section below.

Last week, the BCC also spoke with the UK Cabinet Office about the imminent introduction of the inbound GB controls on certain foodstuffs and plant products on Wednesday 31 January.
 
TRAINING COURSES
 
Coming up in January:

Opening Doors to Global / International Trade
Wednesday 24 January, 9.30am-1.00pm

This workshop is ideal for business owners, managers, entrepreneurs, and executives, who are interested in expanding their operation into new markets. It is also appropriate for individuals looking to launch a new global opportunity.

International Marketing Workshop
Wednesday 31 January, 9.30am-1.00pm

This course will equip learners with the necessary knowledge and skills to successfully create and execute a global marketing plan.
You can view the full list of all our training courses for 2024 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.
 
EVENTS & WEBINARS
 
Carbon Border Adjustment Mechanism

Wednesday 31 January is the deadline for the first reporting period in the EU’s Carbon Border Adjustment Mechanism covering embedded carbon emissions in non-EU exports in six key economic sectors.

To support this we are holding a webinar on Tuesday 6 February from 3.00-4.00pm where we will will discuss the questions below and explain how you should prepare for CBAM.

What is Carbon Border Adjustment Mechanism?
When does it start?
How will it work?

You will receive important key information to take away from the session including how to plan your sustainability strategy.

FREE to attend.
Click to book
 
Clean Energy Supply Chain Opportunities in the UK and USA
Tuesday 20 February, 1.30-3.30pm
University of Essex Colchester Campus, Wivenhoe Park, Colchester, CO4 3SQ

Join EEEGR, the University of Essex, Innovate UK EDGE, Essex Business School and the US City of Virginia Beach for an event discussing
the sustainable opportunities and funding available to businesses in the East of England, the UK and the USA in the near future.

Speakers at
the event will include: John Stenhouse, Investment and Equity (University of Essex), Julie Pauley, Ecosystem Relationship & Gateway Lead
(Innovate UK EDGE), Fernando Centeno, Sustainability Lead (Innovate UK EDGE), Paige Fox, Business Development Manager (City of
Virginia Beach, USA) and Charles Macdowell, UK Representative (City of Virginia Beach), Sophie Skipp, Head of Energy Skills (EEEGR).
Find Out More
 
UK Export Finance Cambridgeshire Business Forum
Tuesday 27 February, 9.00am-1.30pm
Suite 12, The Trinity Centre, 24 Cambridge Science Park, Milton Road, Cambridge, CB4 0FN

Join UK Export Finance (UKEF) for an informative morning highlighting alternative routes to finance to help you export. There will be insightful presentations from UKEF, Department for Business and Trade, Innovate UK, and others that will provide you with the information you need to overcome the financial barriers to exporting. You will also have the opportunity to meet with representatives from UKEF and a range of financial institutions to discuss the support available for your business.

Attendance is free of charge. Please email events@ukexportfinance.gov.uk by Friday 9 February to RSVP and confirm any dietary or accessibility requirements.
 
SAVE THE DATE
Global Annual Conference 2024
Thursday 27 June 2024, QEII Centre, London

BCC Global Annual Conference 2024 will bring together business leaders, policy experts, media and government representatives to tackle important business issues and create lasting change.

The theme for the 2024 Global Annual Conference is
"The Future of the Economy".

Contact the Chamber

Cambridgeshire Chamber of Commerce
Clifford House, 2 Station Yard, Oakington, Cambridge, CB24 3AH
www.cambridgeshirechamber.co.uk