Yearly Archives: 2021
73 posts
Despite ‘officially’ leaving the European Union in January this year, there are still a number of loose ends that need tying up. In fact, the Brexit deal itself includes transitional rules that span from 2021 to 2028. While many of these rules relate to trade and customs, immigration is a […]
The UK’s International Trade Secretary Liz Truss has revealed that plans are afoot for the country to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) by the end of next year. The UK is currently working with the various members of the £9 trillion bloc, including Australia, Chile, […]
The UK has confirmed the first sponsor for the Global Investment Summit when it rolls out the ‘green carpet’ for some of the world’s most powerful executives and heads of major institutions. Hosted by Prime Minister Boris Johnson, the Global Investment Summit (GIS) is a virtual event and will be […]
Tariffs on a huge range of products and services could be slashed following the announcement of a new UK-New Zealand trade deal. The latest round of trade talks between both countries have ended “with good progress towards a final deal”. The news comes as further moves to promote trade ‘Down […]
It was announced earlier this month that the Customs Declaration Service (CDS) will serve as the UK’s “single customs platform” from 31 March 2023. It means the existing system, known as the Customs Handling of Import and Export Freight (CHIEF) system, will become redundant from that date. If you import […]
A new study conducted among 1,000 companies by HSBC has revealed that UK importers and exporters are more positive about their growth next year than traders who only sell their products or services domestically. The researchers found that three-fifths of respondents that that import or export expect growth in 2022, […]
The UK Government wants to build on international efforts to give special treatment when trading with poorer nations. Developing countries will face fewer barriers when they trade with Britain if the Department for International Trade presses ahead with proposed changes. Officials are seeking views on plans to ease rules on […]
Hopes for growth in trade have been boosted by Britain bouncing back strongly after the Covid-19 induced recession and predicted to grow faster than any economy in Europe. The International Monetary Fund (IMF) has predicted growth of seven percent this year, the strongest year for growth since records began following […]
The UK is nearing an agreement in principle on a free trade deal with New Zealand following the sixth round of discussions between the two countries. International Trade Secretary Liz Truss said that “great progress” had been made in the most recent talks, which ran from July 19-30. Ms Truss […]