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Support with Export Systems for Egypt
plus Customs Health Check Tool |
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Do you trade with Egypt?
This week we provide details of the mandatory airfreight pre-registration system plus training on CargoX and ACID Systems.
We also promote the Customs Health Check tool, training courses taking place before the end of the year and the latest trade updates.
If you have any queries, please get in touch with our International Trade team by emailing internationaltrade@cambscci.co.uk or telephone 01223 237414.Karen Cash
International Trade Team Leader
k.cash@cambscci.co.uk |
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| Have you heard about the Customs Health Check tool?
The team at ChamberCustoms has developed an interactive tool to help businesses who are exporting and importing to improve efficiency and save money. This free tool will give businesses greater insight into their customs clearance compliance level. It only takes five minutes and once completed, the business will receive a free and confidential report highlighting areas that may need greater attention. |
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Cost transparency holding back exports
A British Chambers of Commerce survey, of 486 businesses, for its ChamberCustoms brokerage service has found a third of businesses have little or no confidence on the costs they will pay to export goods.
More than a third (34%) of SME goods exporters are either ‘never confident’ or ‘rarely confident’ about the final cost of shipping goods until they got the bill. Only 12 per cent are ‘always confident’, and 55 per cent are ‘usually confident’.
Half of SME exporters (47%) say it has become difficult to trade through UK or international ports since the start of 2022, while only three per cent say it has become easier. 38 per cent report no change.
Read the full article here.
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Export system to Egypt
In response to the business community, the ministry of finance has announced that the mandatory airfreight pre-registration system ACI which has was scheduled to start January 2023 has been postponed until the global and local economic conditions stabilise. H.E. Dr. Mohamed Maait Egyptian Minister of Finance said: “The ministry is keen to provide the longest possible period of time for importers, customs extractors, air freight agents, companies exporting to Egypt and international multinational companies to complete their preparations to deal with the new system, in a way that ensures benefiting from the facilities provided by ACI, reaching the highest levels of governance for commodity imports to Egyptian ports, and adhering to quality standards for imported goods.” See the full article here. |
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| Understanding Rules of OriginTuesday 6 December, 9.30am-1.00pmThis course will explain all aspects of Rules of Origin and Trade Agreements and how to understand and comply with them to help companies be more competitive in export markets. |
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| Understanding Commodity CodesTuesday 13 December, 9.30am-1.00pmBy attending this course we 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
- Understand the importance of getting your commodity codes correct.
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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. |
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Trading with Egypt - CargoX and ACID Systems
Thursday 8 December, 9.30am-12.30pm The Egyptian British Chamber of Commerce has the pleasure of offering this workshop for all Exporters and Importers who trade with Egypt. This course is a step by step guide on how to send your documents using the new system CargoX. - Changes and why they were implemented?
- CargoX platform - What is it and How does it work?
- What is the ACI? Why is it needed?
- What does the system do for the Importer and what should the Exporter receive?
- CargoX - This will be an end-to-end overview from registering to sending an envelope via the blockchain.
- FAQ.
There will be time to ask questions. Cost: £230.00 (plus VAT) Register here.
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The British Chambers of Commerce Policy (BCC) Steering Group adopted a recommendation last week that the sunset clause on the Retained EU Law (Revocation and Reform) Bill be deferred in its application from the end of 2023 until the end of 2026. William Bain gave evidence to the UK Trade and Business Commission on their position on the Bill and the need for full business consultation on any proposed regulatory changes under the Bill. They also made a submission to the Committee currently considering the Bill at Westminster.
The BCC has reached a new position seeking permanent retention of CE marking available for goods circulating in the UK internal market. They also favour a mutual recognition agreement on conformity assessment being negotiated by the UK and EU, in line with precedents, and at the earliest possible point. This is based on the findings of successive member surveys, consumer and business needs.
The Australia and New Zealand trade deals with the UK are expected to enter into force and be usable by businesses from spring 2023. We are awaiting confirmed commencement dates, but we are working on a range of materials to explain how these new trading terms can be used by SMEs.
Elsewhere, the BCC had an update from the Department for International Trade on progress on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) accession. This is still on target for completion of negotiations by spring 2023 with likely ratification by the end of 2023. In addition, they were given an update on the imminent launch of the call for evidence on an upgraded trade agreement with South Korea.
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