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Support for companies trading with Ukraine and Russia
plus events, updates and news to support your
International Trade activities |
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With the full-scale attack on Ukraine launched by Russia in the early hours of 24 February, much concern and uncertainty has been felt across the globe. The British Chambers of Commerce (BCC) team is assessing the business impact and has written to the UK government to call for an announcement on the support that will be available to business, as the potential long-term consequences of Russia’s actions may be significant.
EU sanctions came into force last week, including import bans from Donets and Luhansk, and export bans on selected goods and services to those territories. These will apply to EU commercial entities. Members who are concerned that business may be affected are encouraged to reach out to the International Trade Team via internationaltrade@cambscci.co.uk or call 01223 237414.
The Department for International Trade recommends that concerned companies trading with Ukraine and Russia contact the Export Support Service on 0300 303 8955.Karen Cash
International Trade Team Leader
k.cash@cambscci.co.uk |
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New Zealand Trade Deal a Boost for Net Zero
Reacting to the signing of the UK-New Zealand Free Trade Agreement, William Bain, Head of Trade Policy at the BCC said: "The BCC welcomes the signature of the UK-New Zealand free trade agreement. This will mean zero-tariff trade for UK exporters with customers in New Zealand once the agreement enters into force early next year. It will also be easier for SMEs to access the New Zealand market as paperwork and red tape are reduced through modern provisions on digital trade. The FTA should be worth up to £800m to the UK economy and raise bilateral trade by around 60 per cent.
“We also welcome the opportunities for business travel and being able to provide services in New Zealand on an equal footing together with a new entry route to facilitate this.
“The agreement will also boost trade in environmental goods and services - essential for the transition to Net Zero.
“We will engage with businesses in the UK and New Zealand to discuss the many plus points of this agreement, and hope to see it force as soon as possible."
View further details here.
CHAMBER TRAINING - last chance to register for courses this week
Incoterms 2020
Wednesday 2 March, 9.30am-1.00pm
This course will explain Incoterms® and their importance in international trade contracts.
Bitesize Workshop: Documentation
Wednesday 2 March, 3.00-4.00pm
Get an overview of documentation requirements when trading internationally.
Step by Step Understanding a Customs Declaration
Thursday 3 March, 9.30am-1.00pm
This course will provide a basic understanding on how to compile a basic import / export entry.
View our full list of training courses here >
EU Trade Tips
You can register now for live webinars organised by HM Revenue & Customs.
They will explain existing guidance and answer general questions about the content. They will be unable to answer specific questions relating to items you import or export on the webinars.
How to Import
What you need to do if you’re importing goods into Great Britain from the EU (except Ireland) or rest of the world countries from 1 January 2022.
Importing Food and Drink, and Animal Products from the EU to Great Britain
Defra webinars about upcoming changes and how to register and use the import system IPAFFS (Import of Products, Animals, Food and Feed System).
You can also click here to find webinars and videos from other government departments about trading with the EU.
Trade Update
The World Trade Organisation’s rescheduled 12th Ministerial Council will be held in Generva during the week 13-17 June.
The British Chambers of Commerce held meetings last week with officials on UK Conformity Assessed (UKCA) marking of industrial goods. You can view a copy of the Department for Business, Energy and Industrial Strategy (BEIS) slides that were presented here.
Cambridge Go Global interviews at Bradfield this week
If expanding to an overseas market is part of your roadmap in 2022, check out this new initiative called Cambridge Go Global.
Over the next few weeks they will be offering the chance for 10 companies to benefit from a fully subsidised market insights report on two markets outside the UK.
Market insights can be a costly exercise so it’s a really great opportunity for your business. They will also be offering expert advice to support early-stage planning.
What you need to know
- You should be looking to expand outside of the UK in 2022
- Your business should be based inside Cambridge City to qualify
- The time commitment is a 45-minute interview upfront to talk about your growth plans, international expansion and any barriers to growth
- If your company is selected, you’ll have one further 45-minute interview in the second half of March to capture the report brief which should be delivered in April 2022
- Interviews will be held up until the 11 March, 2022.
Calypso Harland will be at the Bradfield Centre this Wednesday and Thursday if you want to meet in person. Feel free to book a time in her calendar, connect with her on LinkedIn or email her at calypso.harland@growthworks.uk
Stansted Airport: International travel needs survey
MAG, the owner of Stansted is working in partnership with Cambridge& (www.cambridgeand.com) to understand demand throughout the region for international business travel and long haul connectivity out of Stansted. Past experience shows MAG that when they develop their route networks internationally, their catchments benefit from a virtuous circle of regional economic growth.
This piece of work will support the role of the airport as an International Gateway for the East of England. They have compiled a survey which they would be very grateful if organisations in the region could complete regarding their travel patterns and potential future needs. Full details are in the introduction to the survey. The link is here.
The deadline for completion is 16 March. MAG and Cambridge& expect and hope that the survey won’t take more than 15 minutes to complete and the survey results will go straight to MAG.
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