Ensure you are compliant when trading internationally
With all the changes that are happening around trade, now is more important than ever to ensure that your teams are up-to-date with their training. We have three courses coming up focusing on the legalities around Customs Declarations, the importance of Letters of Credit and making sure you are compliant with your paperwork. Details of all courses can be found below.
A webinar taking place on Thursday also identifies the changes when trading with Egypt and what you need to know. There are limited places remaining on this session and I urge you to register.
I would like to take this opportunity to congratulate the British Chamber of Commerce in China on winning International Chamber of the Year in the 2022 Chamber Awards. If you have any queries please get in touch with our International Trade team by emailing firstname.lastname@example.org or telephone 01223 237414.Karen Cash
International Trade Team Leader
British Chamber of Commerce in China wins International Chamber
Congratulations to the British Chamber of Commerce in China for being crowned International Chamber of the Year.
The British Chamber of Commerce in China have been strong advocates for their members, and the change they have brought about is evidenced by their impact on policy.Click here
to read more.
Trading with Egypt - CargoX and ACID
Thursday 20 October, 9.30am-12.00pm
In partnership with the Egyptian-British Chamber of Commerce, this workshop is for importers and exporters that trade with Egypt. It will offer a step-by-step guide on the changes that have been implemented, explain what the CargoX platform is and how it works. There will be an opportunity to ask questions.
for more details and to register.Global Entrepreneurship Week (GEW) UK
Taking place from Monday 14 - Sunday 20 November, GEW celebrates entrepreneurship through events, activities and competitions taking place across the nations of England, Scotland, Wales and Northern Ireland as well as countries around the world. Shevaun Haviland, British Chambers of Commerce Director General, will be a keynote speaker at the official launch, full day conference on Monday 14 November.
See more information and register here
to attend virtually or in person.
Step by Step Understanding a Customs Declaration
Thursday 3 November, 9.30am-1.00pm
The importance of understanding the legalities of a Customs Declaration has never been more important. Ensure your company has the knowledge to make sure your declarations are compliant should a HMRC Auditor arrive at your door!
Letters of CreditTuesday 15 November, 9.30am-1.00pm
With the latest change in Egypt Trade, Letters of Credit are becoming more commonly requested around the world. Make sure your business has the knowledge to trade on a Letter of Credit now to avoid delays and financial impacts.
Import & Export DiagnosticsThursday 24 November, 9.30am-1.00pm
Compliance, Compliance, Compliance!
Ensure your company has the right tools to be compliant in the new world of UK/International Trade.
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.
The UK and US reached a deeper consensus on data flows last week - a critical area in facilitating international trade. This is a step forward towards a UK-US data adequacy agreement which could permit further business data flows. Annual dialogues on digital services
will also be held between both countries. Legislation is due to be brought forward next year. The British Chambers of Commerce (BCC) is supportive of these efforts.
The first round
of UK trade negotiations with the Gulf Co-operation Council countries has been completed. UK negotiators are still trying to assess the scale of ambition for a free trade agreement on a range of issues from tariffs to market access for goods. The BCC is seeking a deep, comprehensive trade and investment agreement to boost exports and investment opportunities.
The ONS trade data for August 2022 was released last week. UK goods exports to the EU fell by 0.5 per cent month on month. Fuel imports from the rest of the world amounted to more than a fifth of total UK goods imports. Read the BCC press release on the data here.
The Electronic Trade Documents Bill
has been presented to the House of Lords. The Bill gives legal status to holding electronic versions of bills of lading, bills of exchange and other trade documents. The Bill when passed should provide a reduction in red tape for UK exporters. The BCC welcomes progress
with this Bill.
The BCC gave evidence
on the Trade (Australia and New Zealand) Bill
to MPs on the Public Bill Committee. During the evidence session, the BCC expressed the hope that the two trade deals can be ratified and in force as soon as possible for UK traders.