New generation of exporters needed to power economic growth
The British Chambers of Commerce is today setting out its manifesto to recruit legions of new UK exporters as its research continues to show poor overseas trade growth:
- In Q4 of 2021, just over a quarter of exporting firms (29%) saw their overseas sales increase
- Almost half (47%) saw no change, and a quarter (24%) reported a decrease
This is despite substantially more firms reporting improved domestic conditions, with 45% confirming increased UK sales in Q4
BCC research also shows that exporters are uniquely facing a wide range of issues, from unprecedented inflationary pressures and global supply chain crises to a raft of new requirements flowing from the EU trade deal.
The Manifesto sets out a comprehensive list of steps to get more UK businesses, currently just 10 per cent, involved in international trade. This compares to more than 60 per cent of companies which are members of an Accredited Chamber of Commerce.
Read the full release here >
New for 2022: Bitesize Workshops
Export Strategy Thursday 3 February, 3.00-4.00pm
Discussing the importance of an Export Strategy:
- Market entry
- Barriers to understand and overcome
- Useful tools and website to help your journey
- Assessing needs of customers and capabilities
- Making a procedure plan.
Export Marketing Thursday 10 February, 3.00-4.00pm
Find out how to market your products and services overseas:
- Understanding how countries adopt different methods when marketing your products
- Origin plays a key role when dealing with some Countries
- Check best Trading Countries – we will show you some useful tools to use
- Importance of FTA when Exporting.
Documentation Tuesday 22 February, 3.00-4.00pm
Having the following set up allows Export and/or Import departments to move goods without delays and extra costs:
- Processing and Documentation
- Understanding Incoterms
- Understanding Commodity Codes
- Correct Documentation and Procedures.
Logistics and Brokerage Thursday 3 March, 3.00-4.00pm
Gain a snapshot of what is involved with logistics and brokerage:
- Engagement with Forwarders
- Understanding Costs
- Insurance
- Documentation Having a good Broker and the importance.
Cost per workshop: £50.00 (plus VAT) Chamber members, £75.00 (plus VAT) non-Chamber members
International Trade Club: The Importance of REX and Supplier Declarations Wednesday 26 January, 4.00-5.00pm
Following changes that took effect on the 1 January 2022 many UK Traders have been caught out by increased duties on goods from the EU, and are unaware of the documentary requirements they are required to hold from EU Suppliers with regards proof of origin.
In this one- hour event our International Sector Chair, Richard Bartlett of ExportUnlocked, will highlight all you need to know about these changes.
There will be a short presentation covering both elements, followed by a live Q&A Session.
Register here >
Webinar: Slovenia – Doing business in the heart of the EU Wednesday 9 March, 12.00-1.00pm
Slovenia is a relatively unknown destination, but its central European location and close transport links to Asia means it will be of interest to many UK-based businesses.
This practical session will offer the opportunity to hear why Slovenia might be the place for your European business hub, from a selection of key industry leaders and politicians.
Register here >
Chamber Training
Understanding Importing Tuesday 25 January, 9.30am-1.00pm
The Introduction to Importing Training course covers all the basic key areas around importing and the recent changes. The course will explain the requirements for documentation, plus an overview of country of origin and incoterms.
Understanding Logistics Thursday 3 February, 9.30am-1.00pm
Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination.
Cost per course: £250.00 (plus VAT) Chamber members, £330.00 (plus VAT) non-Chamber members
Trade Update
UK-India trade negotiations were launched in New Delhi last week by International Trade Secretary Anne-Marie Trevelyan MP and Indian Minister for Commerce and Industry Piyush Goyal. Alongside the launch was the publication of the public bundle – the economic scoping and key negotiations priorities documents from the UK government. Modelling forecasts an increase in UK-India trade of between 49-94 per cent by 2035 and an increase in UK GDP of between 0.12-0.22 per cent over the same timescale if a deal is reached and depending upon its depth.
The UK-India negotiations will proceed at pace with an attempt to reach an assessment of their likely scope by the end of 2022. It is possible that an Interim Agreement could be put in place prior to a full free trade agreement being finalised.
UKCA Mark
Following the Government’s announcement of a year’s extension to the CE Marking deadline we encourage all manufacturers looking to place relevant regulated products on the Great Britain market not to delay their application for the UKCA mark.
Many manufacturers are yet to submit applications for products in readiness for 1 January 2023 and we need to allow both manufacturers and Approved Bodies the appropriate time to get prepared. It is important we do not delay and continue our momentum to ensure all required products receive the UKCA mark before the revised deadline.
Organisations now have until 1 January 2023 to have the UKCA mark affixed, except Medical Devices which have their own deadlines. The full list of sectors can be found here.
For more information about the new requirements please visit the Government’s website.
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