Last week the British Chambers of Commerce (BCC) took part in the 6th meeting of the
UK-US Trade dialogues for SMEs in Edinburgh. Subjects discussed included, deliverable outcomes on digital trade, customs facilitations and lowering barriers for firms entering new markets. Further opportunities for business to input into this process will be available in the coming months.
The UK and Ukraine recently finalised an agreement to
facilitate digital trade between the two countries including new rules on data flows, digital trading systems and digital products able to be traded free of duty. Click
here to see the BCC’s reaction to the agreement.
Last week the BCC published new research from nearly 1,000 firms on
regulation and its effects on trade with the EU. Across all business areas, approximately half of firms said deregulation was either a low priority, or not a priority at all. The BCC also outlined their position on the Retained EU Law (Reform and Revocation) Bill including deferring the application of the sunset clause until 2026 as well as requiring full reports on the impacts for trade within the UK internal market, and full consultation on all regulatory proposals with business, while working with us in key sectors on regulatory reform issues.
The BCC also took part in a briefing with Ministers and officials from the Department for International Trade on the forthcoming call for input for an upgraded trade agreement with South Korea. This will affect areas such as rules of origin and digital trade.
On Tuesday 13 December, BCC will be giving evidence to the House of Lords European Affairs Committee on the issue of business travel and mobility issues arising from the UK-EU Trade and Co-operation Agreement (TCA). If you have any case studies or experiences for sharing during the evidence session please contact Karen Cash by close of business on 9 December.
Take a look at some new blogs recently published on the ChamberCustoms website including:
Trade Deals and Economic Growth - William Bain
Exporting to New Zealand - British New Zealand Business Association