UK-Serbia trade | China’s road to recovery | Ramadan 2021 commerce guide

Posted on 22/04/2021 by DHL Express

UK and Serbia sign Partnership, Trade and Cooperation Agreement

The UK and Serbia have signed a Partnership, Trade and Cooperation Agreement to ensure their trading relationship, worth £682m, can continue and grow. The Agreement will mean continued trade access between the UK and Serbia, and will enable British businesses, including Unilever, AstraZeneca, JCB and Jaguar Land Rover, to trade as they did before 1 January 2021.

Minister for Exports, Graham Stuart MP, has said: “This is great news for businesses in the UK and Serbia, providing certainty and strengthening ties between both countries to drive growth and support economic recovery from COVID-19.”

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Road to Recovery: How China has managed to set its economy back on course

For China, the beginning of 2020 saw its growing economy halted by the outbreak of COVID-19. However, as a result of a “strict, coordinated, nationwide approach” in dealing with the virus, and the changing behaviours that have seen an acceleration in the movement towards online consumption, China is now expected to build on its 2.3% growth at the end of 2020 to surpass the US as the world’s largest economy by 2028.

While the retail sector has suffered as a result of lockdown restrictions and the resurgence of the virus in some areas, the manufacturing, healthcare and hi-tech sectors are some of the big contributors towards China’s recovery.

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Ramadan 2021: Best practices for your business

With Ramadan starting on 12 April and over 1.6 billion Muslims expected to take part in the celebrations, this is an ideal time for e-tailers to respectfully make the most of increased sales opportunities.

In our downloadable guide, we take a look at some of the best practices and considerations to make sure that your e-commerce business is ready to enter this market.

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