Posted on 27/05/2021 by DHL Express
UK prepares to launch new trade deal negotiations with Canada and Mexico
With the UK planning to begin negotiations to upgrade its existing trade deals with Canada and Mexico, businesses are being called upon for their input on what the goals should be in these talks.
The new deal will pay particular attention to digital trade, climate and women’s economic empowerment, and will support digital services in the UK, as well as British jobs in car manufacturing and food and drink. In 2020, UK exports were worth over £2billion and £11billion to Mexico and Canada respectively.
International Trade Secretary, Liz Truss, said: “This next generation of deals will be trail-blazing, securing more access for British goods and services, which will support jobs and prosperity across the UK in industries that will shape the future of the global economy.”Read more
The changing face of e-commerce
When the UK went into lockdown last year, causing shops to shut their doors and people to stay at home, it had a huge impact on consumer spending behaviour. This saw an increase of around £5.3billion in e-commerce sales in 2020 and a growth of 19% from the previous year to £78.9billion.
Even as lockdown restrictions begin to relax, recent polls have suggested that this migration to buying online may not be temporary and could be here to stay, and that those businesses not ready to embrace the digital space could risk the loss of revenue. Is your business ready for the future?Find out more
Join our free webinar: EU VAT Changes from July 2021
Join us on Thursday 3 June at 9:30am, when our EU Customs experts will be discussing how you can prepare your business for changes when shipping to the EU from 1 July 2021.
We will confirm the regulatory changes coming into effect and share our
guidance on how to best prepare, avoid delays, and continue to meet your
customers’ expectations when selling into the EU.
Click below and sign up to our free webinar.Register now