Understanding Global Trade and Innovation, Trading with Arab League States, and Chamber Services Update
Global update from Vic Annells, Chief Executive
Vic.jpg
Certificates of Origin are an important part of your shipment paperwork to determine the origin of the goods you are exporting. There are different documentary requirements when shipping to an Arab League state and I urge you to read the guidance letter below from the the League of Arab States.

Incoterms® are also important to be aware of when trading internationally. We are running a course next Tuesday to explain Incoterms® and their importance in trade contracts. Further details can be found below.
Arab League State documentary requirements

We are sharing with you a letter from The League of Arab States that underpins the documentary requirements of the Arab League states.

The requirements are as follow:

  • The Arab-British Chamber of Commerce (ABCC) must verify and certify all commercial documents destined to Arab League states. Commercial documents cannot be submitted to embassies for legalisation if they have not been certified by the ABCC

  • The Arab-British Certificate of Origin must be used for all goods destined for Arab League States, No other certificate can be used.
This letter is intended to give clarity to exporters and protect them from delays and unnecessary costs at customs and when using alternative documents to the Arab-British Certificate of Origin.

The Cambridgeshire Chambers of Commerce will process documentation as requested by the Exporter and cannot be held liable if the above is not adhered to and delays/rejection of goods occurs.

If you have a query regarding Arab League State documentation please email internationaltrade@cambscci.co.uk or telephone 01223 237414.


Incoterms 2020
Tuesday 10 August, 10.00am-2.30pm

Incoterms® were first published by the International Chambers of Commerce in 1936. They are a set of internationally recognised, three letter acronyms, which define the risks and responsibilities of buyers and sellers in international trade contracts.

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 to delays, penalties, problems with payment and more.

This half day seminar will explain Incoterms® and their importance in international trade contracts.

To book your place please register online or email Sadie Parr with your company name, delegate name, job title and email address.


Business Secretary launches new plans to put UK at front of global innovation race

Kwasi Kwarteng delivered a speech at the Advanced Manufacturing Research Centre to mark the launch of the Innovation Strategy on Thursday 22 July, which you can watch online. The strategy sets out plans to cement the UK’s position as a world-leader in science, research and innovation and is a long-term plan to boost private sector investment across the UK and create the right conditions for all businesses to turn world-leading science into new products and services.

More details can be read in the press notice and the Innovation Strategy. 


Trade stats show pandemic is masking Brexit effects

Responding to the latest ONS trade statistics, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “The pandemic and the shift to new trading conditions in how UK companies sell services to the EU have led to a clear reduction in UK-EU services trade compared with 2019. The ONS data release shows services trade with the EU fell at a brisker rate than trade with the rest of the world over the two years to the end of March 2021. Services exports to the EU fell by 14.7 per cent in that period and imports by 38.8 per cent.

“These statistics indicate that the effects of the pandemic have masked the real long-term impact of the UK-EU TCA on trade in services, particularly in relation to business travel and supply of services. As economies reopen the effects of these issues will be slow burning, but nevertheless felt increasingly by companies operating both in the UK and Europe.

“The UK government should seek to be ambitious in a common agenda with the EU on mutual recognition of professional qualifications, building more flexibility around the TCA for business travel, and liberalising reservations on services access to help kickstart our economic recovery from Covid-19.”


Customs Declarations and Transit Declarations

Do you need help with your Customs Declarations or Transit Declarations?

Please get in touch with the Chambers’ International Trade Team as we are able to process these declarations for you.

Email customsdeclarations@cambscci.co.uk or telephone 01223 237414.


Importing Goods from the European Union (EU) from 1 October 2021

New actions required for businesses importing products of animal origin into Great Britain from the EU.

From 1 October 2021, there will be new requirements to continue importing animal products for both human consumption and non-human consumption from the European Union into Great Britain.

Some of the requirements include, pre-notifying authorities that consignments will be entering Great Britain and uploading a certified Export Health Certificate using the Import of products, animals, food and feed system (IPAFFS).

It is important that businesses take the necessary preparatory steps to ensure they can comply with the new requirements. To assist you with this, there are webinars for traders with a panel of experts to give you more information and to answer your questions.

Please register for webinars which are relevant for the goods you import. You can book your place at gov.uk. 


APPLICATION DEADLINE EXTENDED!
Global Business Innovation Programme: Taiwan - Digital Technology for Manufacturing

Innovate UK and Innovate UK EDGE are looking for innovative businesses in the Digital Technology for Manufacturing sector to join their Global Business Innovation Programme. Being delivered virtually, this initiative aims to facilitate collaboration between UK and Taiwanese businesses.

Applications have been extended to Monday 9 August 2021.

Find out more > 

Contact the Chamber

01223 237414 •  chamber@cambscci.co.uk
Cambridgeshire Chamber of Commerce
Clifford House, 2 Station Yard, Oakington, Cambridge, CB24 3AH
www.cambridgeshirechamber.co.uk