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INTERNATIONAL TRADE


TRAINING & EVENTS


INTERNATIONAL TRADE COURSES DECEMBER, JANUARY, FEBRUARY AND MARCH


Export documentation Date: Time:


12 December 9am


Location: Nottingham


Inward/outward processing Date: Time:


23 January 9.30am


Location: Nottingham


Brexit and the Customs Union – how to prepare for Customs changes incorporating Authorised Economic Operator Date: Time:


29 January 9am


Location: Chesterfield


Letters of credit Date: Time:


5 February 9.30am


Location: Chesterfield


International trade operations and procedures (ITOPS) Date:


Time:


7, 21 February, 6, 20 March 9am


Location: Chesterfield


A COMPREHENSIVE INTERNATIONAL OFFERING:


“Microlise has benefited from a wide range of international-related services from the Chamber. As a telematics and transport management solution provider that continues to achieve significant growth in international markets – resulting in the company winning the Excellence in International Trade Award at the Chamber’s Business Awards – having access to a multitude of International offerings is of paramount importance. “Whether it’s utilising the accredited


training courses to upskill our staff, engaging in political lobbying that shapes policies, sharing best practice with likeminded importers and exporters or exploring untapped markets and connecting with new opportunities, we know we can rely on the Chamber to offer expert and impartial advice and support. “Microlise now has offices in France, India and Australia and has


seen huge growth in its international operations with its India offices growing to over 100 staff. As a Chamber member, we know we can tap into its expertise, products and services in a whole host of areas, helping us to overcome challenges and take advantage of opportunities. All of this is only ever a phone call away and for us, that’s extremely valuable as we continue to grow the company and invest in our overseas operations.”


Nadeem Raza, Chief Executive, Microlise


Boasting an impressive GDP growth rate of seven per cent, India offers significant opportunities for ambitious East Midlands companies seeking to develop new overseas markets, especially with third countries, once the UK leaves the EU. With a population of 1.35 billion


people, it will soon overtake China’s current population of 1.42 billion, making India undoubtedly a market to explore for the future. With the median age of


population 27.9 compared to a world average of 30.4, India is a young country benefiting from a growing domestic demand where consumption is driving the expansion of a middle class. By 2025, India is expected to


become the world’s fifth-largest consumer, highlighting the insatiable demand for goods and services from around the world. As the largest English-speaking population in the world, and with a familiarity of British culture stemming from a close history, UK goods and services enjoy a positive perception to many Indian consumers. East Midlands exports of goods to


India have risen consistently in recent years, totalling £250m in 2017, with almost two-thirds coming from the sectors of transport and machinery equipment. The region also imported £572m worth of goods from India in 2016, creating a trading relationship worth more than £822m. Opportunities exist for ambitious, internationally-minded companies to provide their goods and services in a range of sectors. A recent UK-India Business Council report explained that


40 business network December 2018/January 2019


innovation is fundamental in driving growth and ensuring prosperity and is a significant area of collaboration between UK and Indian firms. Advances in radical technologies and consequent applications open new opportunities for transforming India’s economy. Development and adoption of new technologies will bring strategic benefits, and both countries are uniquely placed to collaborate to harness the gains being made in revolutionary technologies. India’s road network, spread


across approximately 4.7m kilometres, facilitates 85% of passenger traffic and 60% of freight traffic. While renowned for a world-famous rail network, roads provide the modern links that keep the Indian economy growing. With FDI and capital grants


sustaining investment in infrastructure, significant opportunities exist for East Midlands companies in the construction and automotive sectors to apply their world-class expertise.


Mumbai is one of India’s major business centres


SPOTLIGHT ON: INDIA


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