Sanctions on Russia/Belarus services
Sanctions policy can be expected to evolve further in the coming weeks and months. As yet, many services exports from GB to Russia and Belarus are not covered by sanctions, including legal and certain professional and business services (accountancy, PR and management consultancy are covered by measures barring their export to Russia and Belarus).
As policy develops we are being asked for our views on what services would be essential for UK companies still in Russia which are seeking to wind down their operations in an orderly way for themselves and any employees there.
In particular, do you require support in accessing services in areas such as logistics, legal, auditing, remaining financial and other business services in order to pursue lawful business or to wind down their operations in Russia. This would be within the context of UK policy evolving to further restrict services exports to Russia and Belarus.
The BCC will liaise further with DIT next week on this issue and your input is key.
TRAINING COURSES
Understanding Commodity Codes
Friday 17 June, 9.30am-1.00pm
This course will ensure you are aware of what a commodity code is and what it is used for, understand the process of how to classify goods, successfully classify a range of goods, and understand the importance of getting your commodity codes correct.
Incoterms 2020
Tuesday 21 June, 9.30am-1.00pm
The misuse of Incoterms® can lead to delays, penalties, problems with payment and more. This seminar will explain Incoterms® and their importance in international trade contracts.
Bitesize workshop: Documentation
Tuesday 21 June, 3.00-4.00pm
This hour session ensures you have documentation in place to move goods without delays and extra costs.
You can view the full list of all our courses 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.
Trade updates
The Department for International Trade (DIT) is expected to launch a campaign in the autumn to improve take-up by SMEs of trade preferences in UK trade deals. This campaign will give particular attention to Japan, Norway, Singapore, Australia and New Zealand. The BCC look forward to building upon their Trade Manifesto ideas on this front.
This week, the BCC will be presenting to EU member state Embassy staff in London on key asks for improving EU-UK trade. We will share any relevant updates next week.
The BCC has been consulted upon draft legislation on GB border controls likely to be made formally by UK Ministers next week. This will suspend the requirements for inbound safety and security certificates, for inbound documentary, identity and physical checks on animal origin products, and create the easements around exit from GB for empty lorries returning to the EU.
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