Electronic Trade Documents Act welcome
The Chamber Network welcomed the Electronic Trade Documents Act announced last week. As part of the British Chambers of Commerce (BCC) Trade Manifesto, it is hoped that 60 per cent of the UK’s exports are carried out digitally by the end of the decade. More information on the Act, and the comments from the BCC, can be found below.

Do you need to know how to obtain and maintain AEO certification? Our workshop on 6 September could be beneficial to you. Full workshop details can be found below along with the latest trade updates and information on the Geneva Chambers Manifesto.

If you have any international trade queries please email internationaltrade@cambscci.co.uk or telephone the team on 01223 237414.

Karen Cash
International Trade Team Leader
01223 237414
Electronic Trade Documents Act welcome

The Electronic Trade Documents Act gives legal status to electronic Bills of Exchange and Bills of Lading and other commercial documents.

The new legislation will come into effect in mid-September providing opportunities to digitalise international trade documents and reap efficiency benefits. It also covers trade documents such as promissory notes, warehouse receipts, marine insurance policies, and cargo insurance certificates. 

Commenting on the Electronic Trade Documents Act receiving Royal Assent, BCC Head of Trade Policy William Bain said: “Campaigners have worked for years to have the Electronic Trade Documents Act passed, and its introduction in mid-September will a mark transformational change in digitalising international trade. 

“The BCC will work with our colleagues in the International Chambers of Commerce, and with Chambers and businesses across the UK to ensure the full benefits of digitalisation are felt in increased global trade. 

“This new era begins in the UK, but it can also act as a beacon, leading towards further digitalisation of trade across the world. We also urge governments to accelerate their work to digitalise border processes. 

“In our new Trade Manifesto, we called on Government to work with business to ensure 60 per cent of the UK’s exports are carried out digitally by the end of the decade.” 
Geneva Chambers Manifesto launched

The 13th World Chambers Congress took place from 21-23 June in Geneva, attended by 1,400 participants from 117 countries, including representatives from the BCC team.

A pioneering “Geneva Manifesto” was launched; a pledge by Chambers of Commerce to revitalise international trade with a renewed commitment to multilateralism for peace and prosperity. Please share with your members as relevant.

Read more here.
Global Annual Conference 2024
Thursday 27 June 2024, QEII Centre, London

BCC Global Annual Conference 2024 will bring together business leaders, policy experts, media and government representatives to tackle important business issues and create lasting change.
AEO Workshop
Wednesday 6 September, 9.30am-12.30pm

This course is targeted at individuals and teams employed by logistics/ forwarding companies and global and local manufacturers who need to understand how to obtain and maintain AEO certification.

Who should attend?

  • Managers responsible for customs, trade, quality and compliance
  • Financial directors and managers
  • Supply chain and logistics professionals
  • Security managers who are responsible for compliance with AEO safety and security.
Register here.
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 Business and Trade Secretary, Kemi Badenoch MP signed the UK’s Accession Protocol for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday morning in New Zealand. Read the BCC’s comments on the UK accession to the agreement here.

The UK government announced a consultation last week on an upgraded trade deal with Turkey, to replace the current goods-only deal agreed around the time of Brexit. The BCC sees opportunities in the forthcoming negotiations, read their comments here

Coverage of the BCC 2023 Trade Manifesto has been excellent over the past week, and has led to new engagement opportunities with the UK government and elsewhere at Westminster. Please share any views on the proposals with Karen Cash

The BCC gave evidence to the House of Commons Business and Trade Select Committee last Tuesday on UK-EU Trade and the improvements business wants to see.

The BCC has been raising issues of regulatory divergence affecting UK businesses with the European Commission and member states. Read the BCC contributions to this Financial Times article on the new issues exporters face from this autumn.
Contact the Chamber

01223 237414 •  chamber@cambscci.co.uk
Cambridgeshire Chamber of Commerce
Clifford House, 2 Station Yard, Oakington, Cambridge, CB24 3AH