BCC International Trade Summit | China welcomes British beef | UK-Indonesia Joint Trade Review

Posted on 24/10/2019 by DHL Express

British Chambers of Commerce International Trade Summit 2019

Last week the British Chambers of Commerce hosted their annual International Trade Summit. Chamber representatives, members of parliament and business leaders from both UK and international businesses joined together for a day of workshops, panel discussions and networking.

With the underlying feeling being that of looking at the opportunities further afield, we’ve summarised our key findings of this year’s Summit, and the main advice for businesses starting their exporting journey.

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China opens doors to British beef

The British beef industry is set to benefit from an estimated £230 million boost as the Chinese government finalises details of a historic trade agreement, opening market access for the UK beef industry to the Chinese market.

This agreement marks the end of a ban imposed by China following the BSE outbreak in 1996. The Chinese authorities have cleared four beef sites for export, with further sites under review and the first exports expected to be despatched in the next few months.

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UK and Indonesia announce Joint Trade Review

The UK and Indonesia have signed the terms of reference that will see both countries hold a Joint Trade Review. This will allow the two nations to explore opportunities to increase trade and investment in each other’s countries.

Her Majesty’s Trade Commissioner for the Asia Pacific, Natalie Black said: “Indonesia is a key partner for the UK and we look forward to deepening our collaboration across a range of sectors, from financial services and technology to renewable energy and infrastructure.”

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