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INTERNATIONAL TRADE


TRAINING & EVENTS


INTERNATIONAL TRADE COURSES MAY


SPOTLIGHT ON: ICELAND


Iceland is a sophisticated and established market with a long and trusted trading relationship with the UK. The country has the smallest


population in the Nordic and Baltic region and an educated and technologically advanced population, which looks for high quality products and services, making it an attractive market for East Midlands businesses looking to grow internationally. The country is well situated for


easy international trade. Flight duration is two-and-a-half to five hours to Europe and five to six hours to the United States (East Coast) and Canada. Two Icelandic shipping lines


NEW – Customs export and import procedures Date: Time:


8 May 9am-4.30pm


Location:Nottingham Price:


£260+VAT (members), £370+VAT (non-members)


Customs declaration training Date: Time:


8 May 9.30am-4.30pm


Location:Leicester Price:


£280+VAT (members), £350+VAT (non-members)


Inward/outward processing Date: Time:


9 May 9am-1pm


Location:Chesterfield Price:


Import procedures Date: Time:


14 May 9.30am-4.30pm


Location:Nottingham Price:


£260+VAT (members), £370+VAT (non-members)


Customs declaration training Date: Time:


15 May 9.30am-4.30pm


Location:Chesterfield Price:


£280+VAT (members), £350+VAT (non-members)


£260+VAT (members), £370+VAT (non-members)


Letters of credit Date: Time:


21 May 9.30am-4.30pm


Location:Chesterfield Price:


£260+VAT (members), £370+VAT (non-members)


International Trade Operations and Procedures (ITOPS) Date: Time:


Starts 22 May 9am-4.30pm


Location:Chesterfield Price:


£1,575+VAT (members), £2,249+VAT (non-members)


Customs declaration training Date: Time:


29 May 9.30am-4.30pm


Location:Nottingham Price:


£280+VAT (members), £350+VAT (non-members)


For more information and to book your place on any of the above, call the Chamber’s dedicated International Trade team on 0333 320 0333 (option four) or visit www.emc-dnl.co.uk/enabling- international-trade


operate cargo scheduled options, serving ports in North America, Scandinavia, UK, continental Europe and the Baltics, and have developed international freight forwarding systems. Shipping takes three to four days to Europe and seven to eight days to North America.


Following the recession in


2008, Iceland’s economy has been recovering at a steady pace. It is a member of the European Economic Area (EEA) which limits trade barriers between Iceland and the European Union (EU). However, there are some exceptions on imports of dairy and meat products, especially unpasteurised and fresh produce. Iceland also has a Free Trade Agreement (FTA) with China. Iceland is one of the UK’s closest


neighbouring countries with good logistic connections. There is a familiarity with British goods which are regarded as high quality, which is important to the customers and consumers in this market. English is widely used as a business language here, and Iceland has many similar business practices to the UK. With little manufacturing in


Iceland, the country has largely relied on imported goods and services, with the UK ranking eighth in the countries importing into the country. Food and


‘With little manufacturing in Iceland, the country has largely relied on imported goods and services’


40 business network May 2019


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