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WEEKLY TRADE UPDATES

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On 30 November International Trade Secretary, Dr Liam Fox, called for MPs to look beyond current divisions and deliver Brexit. “Now is the time to raise our sights, and acknowledge that there is a world beyond Europe, and a time beyond Brexit.” The secretary also said that an extensive revolution in the patterns of trade […]

The New Zealand government have started gathering views about a free trade agreement with the UK. New Zealand’s Trade and Export Minister David Parker noted that the UK is one of New Zealand’s ‘oldest friends’ and that ‘a trade deal makes a lot of sense’. New Zealand and the UK have always had a very […]

On 14 November the UK and European Commission published the latest version of the draft Withdrawal Agreement. This document has since been discussed widely in Westminster but of the 585-page long agreement, what are the key points and what do they mean? The British Chambers of Commerce (BCC) have to put together an FAQ on […]

On Tuesday the International Trade Secretary Liam Fox made a speech at a forum held by Citi and the Financial Times. Despite many predictions of uncertainty surrounding trade following the referendum, Dr Fox informed the audience that UK exports have grown by £110 billion. We have also retained our position as the number one destination […]

Following some objections from WTO members with regards to the new and updated UK schedule, International Trade Secretary, Dr Liam Fox, wrote for the Telegraph to clarify misconceptions on World Trade Organisation negotiations. Dr Fox made clear that in the unlikely event of a “no deal” between the UK and the EU, the UK will […]

This week Chancellor Phillip Hammond presented the latest Budget to Parliament on 29 October. He announced a slight increase in growth forecasts, from 1.3 per cent to 1.6 per cent in 2019. The Chancellor did not focus on Brexit in his speech, but the government is providing £500 million of additional funding for departments to […]

On 18 October the British Chambers of Commerce welcomed chambers members, exporters, trade officials and business owners to the International Trade Summit 2018. The day centred around the changing face of international trade and what it means for business, inspirational export advice from successful British business figures and how the power of brand can enhance […]

Foreign Office and Department for International Development Minister Harriett Baldwin visited Ghana to launch the UK-Ghana Business Council. The Business Council will meet twice a year, bringing both governments together to find ways to reduce barriers to trade and investment. Minister Baldwin said: “Ghana increasingly offers attractive investment opportunities for UK businesses, which in turn […]

This week the government is hosting an international conference about the illegal wildlife trade. This issue not only threatens animals with extinction, but is also detrimental to sustainable economic growth and the livelihoods of people in rural communities. Global leaders, including DHL Express, are coming together to help eradicate the illegal wildlife trade and better […]

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