There are not many multi-national trade agreements like this one, and it offers new prospects in a fast-growing region of the global economy.
There are not many multi-national trade agreements like this one, and it offers new prospects in a fast-growing region of the global economy.
It is disappointing to see that April’s improved goods export performance was not sustained into May. With firms struggling to increase sales overseas, the recommendations in our newly launched Trade Manifesto have never been more relevant.
The British Chambers of Commerce has called for Government to focus on boosting services, advanced manufacturing, green and digital trade if it wants to hit its £1tn trade target. The move comes as research shows SME exports continue to languish.
If we are to build a stronger, more digital and sustainable trading future then it is crucial we look at all the possible ways we can do that.
The recovery in UK goods exports to the rest of the world in April after a disappointing first quarter of 2023 is welcome, but needs to be sustained. However, trade with the EU remains weak.
Business says a partnership with Government is vital to meet the UK’s commitment to be Net Zero by 2050. The proposal is a centrepiece of a new report from business leaders which recommends how we successfully transition to a Net Zero economy.
This is an important milestone in developing ever closer trade, investment and economic relations between the UK and the US. Outside of the EU, the United States is the biggest export market for our firms, and the commitments the Declaration provides will open up new opportunities.
“A new era of international trade will begin today as the first trade agreements agreed by the United Kingdom since it left the European Union come into force."
This week marks the entry into force of the UK trade agreements with Australia and New Zealand - the first entirely new trade deals which the UK has negotiated with key trading partners in the post-Brexit era.
The fact the UK now has a National Semiconductor Strategy is a welcome first step. The BCC has been calling for this for the past year, and it has arrived not a moment too soon to provide some focus, measurable actions and results.