Australian and New Zealand have announced that they will begin negotiations on a free trade agreement with the UK. Both nations are understood to be eager to do deals with the UK to boost their economies as they emerge from the COVID-19 crisis. Australian trade minister, Simon Birmingham, said: “We […]
Yearly Archives: 2020
85 posts
The Government has announced that new customs and border controls for European Union (EU) goods imported into the UK will be introduced at the end of the Transition Period in stages in order to support businesses that are affected by the coronavirus pandemic.
Small to medium-sized enterprises (SMEs) in the UK are diverting £10 billion in exports away from the European Union (EU) as they prepare for Brexit.
The Government has committed over £10 billion to guarantee the trade credit insurance sector, giving thousands of British businesses the confidence to continue to trade in the UK and overseas.
Fast-growing tech companies can now apply for a “convertible loan” of between £125,000 and £5 million through the Government’s Future Fund.
The UK Global Tariff (UKGT) regime will replace the EU’s Common External Tariff on 1 January 2021 at the end of the Brexit Transitional Period, it has been announced.
In response to the COVID-19 outbreak, the Government is making temporary changes to customs policy and authorisations. These amendments to existing policies are most likely to affect businesses authorised, or applying to be authorised by customs, that use temporary storage or customs special procedures such as inward processing or customs […]
The Government will supply thousands of businesses with Trade Credit Insurance to ensure that they can continue to trade with confidence, it has been revealed. Trade Credit Insurance provides cover to businesses in primarily non-service sectors, such as manufacturing and construction, by insuring suppliers selling goods against the company they […]
In June US and UK trade delegates are set to hold two virtual negotiating meetings to discuss in greater detail a potential trade deal. This next round of advanced talks comes after an initial round of meetings was held in May as the two countries attempt to flesh out a […]
The UK Government has announced a new tariff regime, the UK Global Tariff (UKGT), which will replace the EU’s Common External Tariff (EU CET) on 1 January 2021 when the transition period ends. Said to be tailored to the “needs of the UK economy”, the UKGT will make it easier […]