INTERNATIONAL TRADE


TRAINING & EVENTS SPOTLIGHT ON: TURKEY NOVEMBER’S COURSES:


Union Customs Code (UCC) and Authorised Economic Operator (AEO) – Impact on exporters and importers Venue: Leicester Date: Time: Price:


13 November 10.30am-12.30pm


Free to members and non-members


e-z Cert workshop Venue: Nottingham Date: Time: Price:


SASO (Saudi Arabian Standards Office) compliance procedures Venue: Chesterfield Date: Time: Price:


8 November 9am-12.15pm


£129+VAT members, 185+VAT non-members


UPCOMING EEN EVENTS:


15 November 10am-2pm


£35+VAT members, £45+VAT non-members


Letters of Credit BCC Accredited Venue: Chesterfield Date: Time: Price:


Turkey is a large, rapidly-developing country and one that is expected to be in the world’s top ten economies by 2023. Its ongoing negotiations to join the European Union (EU) and existing Customs Union with the EU offers significant opportunities for Midlands-based companies across a broad range of sectors.


16 November 9.30am-4.30pm


£245+VAT members, £350+VAT non-members


Business opportunities in Mexico Venue: Nottingham Date:


13 October


EEN is giving local manufacturers the opportunity to understand the potential of Mexico as an export market through one-to-one advice with an expert on the Mexican market.


In conversation with Russia Venue: Nottingham Date:


17 October


East midlands businesses with an interest in the Russian market are invited to this roundtable event to better understand the potential of Russia as an export market and to have their say on trading with this vast nation.


International taxation – What businesses need to know Venue: Castle Donington Date:


19 October


This seminar will explain the tax rules and regulations affecting UK businesses when trading internationally. It will also give clarity around the new legislative proposal for a definitive VAT system for cross-border trade being introduce later this year.


For more information or to book your place on any of the above events, contact EEN on 0333 320 0333 or email eeninfo@emc-dnl.co.uk.


26 business network October 2017


Seen as the gateway to Asia, the Middle East and North Africa, and with access to 1.5 billion customers in these markets, many UK business have already forged good links with Turkey. Over 2,500 UK companies are currently operating there, including global companies such as BP, Shell, Vodafone, Unilever, HSBC, and Aviva. The Strategic Partnership signed


by the UK and Turkish prime ministers in July 2010 cements the UK’s commitment to deepening the bilateral relationship. In 2015, the bilateral trade between the UK and Turkey was £11.2bn. The UK is Turkey’s third-largest export market after Germany and Iraq, and Turkey the UK’s tenth-largest European export market, with machinery, pharmaceuticals, vehicles and plastics among the commodities exported to Turkey. Turkey is bringing its business


practices in line with those of existing EU countries, making it a more familiar environment and therefore more attractive to foreign investors. The use of English in business is also increasing, and the


formalities for starting a business in Turkey are becoming increasingly less complex and, with the Turkish government investing more than £44.7bn in the transport, maritime and communications sectors in the past ten years, Turkey’s economy is growing both in size and confidence. With the evolution of Tukey’s


economic development, it will come as no surprise that this market brings many opportunities for East Midlands businesses. In 2011 the Turkish Ministry of


Transport, Maritime Affairs and Communications committed to developing a third airport in Istanbul, incorporating 150 million passenger capacity, six runways, 16 taxiways and 165 aircraft passenger bridges at all terminals, making it one of the world’s biggest. This ambitious project is viewed as a huge opportunity for UK companies, particularly in design and architecture, security and lighting. Healthcare is another sector that


is seeing high growth potential, and there is considerable scope for UK companies to enter the supply and service provision chain, which is


‘Turkey is bringing its business practices in line with those of existing EU countries, making it a more familiar environment and therefore more attractive to foreign investors’


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