Posts Tagged ‘DIT’

Your Monday morning coffee briefing from TFG. UK prime minister Boris Johnson set out his ‘roadmap’ to ease current public health restrictions in England. Global trade grew by 4.0% in the fourth quarter of last year compared to the previous quarter. Trade volumes for 2020 as a whole were down 5.3%.

Mark Abrams, Director at Trade Finance Global (TFG), has confirmed his position on the Strategic Trade Advisory Group (STAG) for the Department of International Trade (DIT) for the new term of 2020-2022.

We spoke to Ronan Quigley from the British Chambers of Commerce during the World Trade Summit on 23rd October at The Law Society in London. The event took place amid growing speculation about the prospects of a winter General Election, following the Government’s defeat to its proposed timetable for the passing through of its EU Withdrawal Agreement Bill. Ronan gave us an overview of the support landscape for UK businesses, post-Brexit and discussed the new version of the Incoterms.

With the UK and EU yet to reach an agreement on their future trading relationship, it is vital goods vehicle operators are as prepared as possible for a No Deal Brexit. In this scenario, new border procedures and haulier responsibilities will come into effect immediately. Hauliers must ensure they fully understand the new road haulage procedures, documentation requirements and responsibilities that will arise; otherwise, they risk their operations coming to a standstill.

As the UK prepares to leave the EU, significant efforts have needed to be made to prepare the government to negotiate for their own Free Trade Agreements. Is the UK ready for such a challenge?

In the run up to a potentially ‘no deal’ Brexit, the Secretary of State for the Department of International Trade, Liam Fox MP spoke about the UK’s future role in… read more →