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Access new International Trade services |
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I am pleased to announce that we have introduced some new services to support your international trade activities. Please see details below of the areas where we can now support you.
Please reach out to me directly to find out more and book an initial telephone call.
Coming up in June we have training courses covering Commodity Codes, ATA Carnets and Letters of Credit. Details of each course, and booking links, can be found in the training section below.
Ilona Karpanos International Trade Advisor |
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New Trade ServicesCustoms & Supply Chain/Logistics:
Our International Trade Department understands the urgency of efficient customs clearance. We expedite the process to minimise delays, and keep our members informed throughout each step to provide peace of mind. We ensure your shipments cross borders smoothly, legally, and cost-effectively. Let us take the hassle out of international trade for you. Transportation and Supply Chain Solution We supply a comprehensive range of fast, reliable, cost-effective International Air Freight, Sea Freight, Road Freight, On Board Courier and Courier forwarding services. This service is supplemented by our Import and Export Customs Clearance which includes: - Import and Export Clearance: We handle all aspects of customs clearance, from documentation and duty calculation to the release of your goods.
- Tariff Classification: Our International Trade Department assists in properly classifying your goods to ensure accurate duty and tax calculations.
- Customs Documentation: We prepare and manage all required customs documentation, including invoices, bills of lading, and certificates of origin.
- Customs Compliance: We ensure that your shipments meet all import and export requirements, including inspections, permits, and licenses.
- Duty and Tax Optimisation: We work to minimize your tax liabilities by exploring available exemptions, deductions, and duty reduction programs.
- Consultation and Advisory: Our International Trade Department is available to provide consultation on trade compliance, tariff rates, and customs regulations, helping you make informed decisions.
Letter of Credit presentationsAlthough a Letter of Credit remains the safest method of export payment, preparation of shipping documents covered under this system requires great care and attention to detail, not to mention shipping and banking expertise. Many exporters face multiple problems when preparing Letter of Credit compliant documentation, including: - Late presentation of documents to the bank
- Delays in payment
- Discrepant documents and associated fees
- Too much time spent dealing with documentation
- Inconsistent service/information
- Ongoing training needs for staff in L/C compliance.
Our service includes:
- Taking care of your credit from the outset, be it the checking of documentation to ensure that it complies with the terms of the credit, or the raising of documents such as invoices and packing lists, liaising with exporter and shipper every step of the way
- Downloading of L/C directly from selected banks
- Arranging authentication and legalisation of documents if required
- Presenting documents (electronically where possible) to the bank and ensuring that payment has been made.
To access any of these services, please contact our International Trade Team today on 01223 237414. |
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Global Britain Challenge Report
This report summarises the approach of the British Chambers of Commerce to help the UK grow and prosper as an independent nation. It covers an analysis of Britain’s place in the world and the world’s place in Britain. It summarises our trade performance and success in attracting foreign direct investment (FDI) and proposes recommendations to improve our impressive track record.
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The British Chambers of Commerce (BCC) was briefed last Tuesday 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 Council.
Within the last week, the BCC team met with government officials from HM Treasury and the Department for Business and Trade to discuss implementation of the Harrington Review and policies to incentivise foreign direct investment.
William Bain, Head of Trade Policy, was a keynote speaker at the Essex Global Summit in Colchester last week, organised by Essex Chambers of Commerce and Essex County Council, reflecting on the challenges and opportunities for UK trade and investment in the rest of 2024 and beyond.
William Bain also took part in a webinar with North East Chamber of Commerce last week, on trade and investment with Saudi Arabia, and recorded a podcast on export performance for Warwick Business School’s Enterprise Research Centre, due to be released in the next few weeks.
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Commodity Codes Masterclass Tuesday 4 June, 9.30am-1.00pm
This half-day course will provide an insight into what commodity codes are and how getting them wrong can have a big impact on your business.
Practical ATA Carnet Procedures Thursday 6 June, 9.30am-1.30pm
Whether you are new to ATA Carnets and want to understand what they are and how they work or, you already utilise them for your temporary exports and want to make sure you are using them correctly and compliantly, this course will be useful for you.
Register here. Remember to select Cambridge Chamber member to receive a 10% discount.
Letters of Credit and Methods of Payment Masterclass Tuesday 11 June, 9.30am-1.00pm
The course provides an overview of all methods of payment when trading internationally to include the risks and benefits involved. It will then concentrate on the Letter of Credit aspect guiding you through the rules of managing a letter of credit, making sure documents are compliant and payment is successful.
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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. |
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Just five weeks to go... This full day conference will be an opportunity for business leaders from across the UK, and the globe, to come together to discuss the key challenges to build a better future for business, the economy, and people in our local communities. The conference will be centred around five key breakout sessions: - People and Work
- Global Britain
- Digital Revolution
- Green Innovation
- Local Economy of the Future.
Confirmed speakers:
Andrew Bailey, Governor, Bank of England Amanda Blanc DBE, Group Chief Executive Officer, Aviva Nicola Mendelsohn CBE, Head of Global Business Group, Meta Away from the sessions, the Networking Zone is an opportunity for delegates to meet existing and new contacts; and the exhibition stands will see the best of British business, and the Chamber Network, from across the UK and around the world showcasing their work. |
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