The BCC is calling for agreements reached at the World Trade Organisation Ministerial Conference to be translated into real change for businesses.
The BCC is calling for agreements reached at the World Trade Organisation Ministerial Conference to be translated into real change for businesses.
The UK Government must now work closely with the Chamber Network over the coming months to ensure that smaller firms are able to extract the widest possible benefits from this agreement.
It is heartening to see an increase in the rate of exports to the EU and the rest of the world. Nevertheless, continued progress is needed to meet the Office of Budget Responsibility’s (OBR) forecast of a net increase in UK exports of 9% across the whole of 2022.
The British Chambers of Commerce is urging political leaders to aim for bold reforms to boost world trade in goods and services. It believes too many smaller businesses are still missing out on export opportunities and says politicians heading to the World Trade Organisation (WTO) Ministerial Conference (MC12) must adopt more practical measures.
We welcome the first Memorandum of Understanding reached between the UK and a US state - the Hoosier state - Indiana. Traders in the UK will hope this is the first stage in a process, with both State Houses and the US Federal Government, that leads to a clear boost to UK exports.
The BCC is urging negotiators to set an ambitious new agreement that focuses on the growing market in green trade, as well as future proofing access for further expansion in services.
March 2022 saw a modest but welcome rise in UK exports led by an increase in sales of fuel. But the overall picture remains patchy compared with 3 or 4 years ago.
The two free trade agreements will offer improved trading terms for UK exporters once in force.
London, the South-East and East of England already have especially strong export links to Switzerland. The BCC looks forward to sharing its Network's ideas with government on a bespoke, ambitious trade agreement with Switzerland which boosts our exports right across the UK
The BCC has called for practical actions to boost UK-US trade in five key areas. These are front and centre in the work streams announced by the UK and US Governments in today’s statement.
