INTERNATIONAL TRADE
TRAINING & EVENTS INTERNATIONAL TRADE COURSES
SPOTLIGHT ON: SOUTH KOREA
Although South Korea is probably not the first market a UK company considers for growth, it is already established as a high-growth market for UK exports and a target market for innovation collaboration in areas such as advanced materials, augmented reality and robotics. The South Korean public has a
taste for British culture and a respect for UK goods and in 2018, the UK exported almost £10bn of goods and services to the country, up 9.7% on the previous year. In 2017, almost 7,000 British companies exported to South Korea and many well-known UK brands like Jaguar Land Rover, British Airways, Boots and Burberry are already selling here. South Korea’s President Moon Jae-in’s focus on emerging technologies
‘There is huge demand in South Korea for UK expertise’
SEPTEMBER
Rules of origin and international trade preferences Date: Time:
3 September 9.30am-12.30pm
Location: Chesterfield Price:
£139+VAT (members) £199+VAT (non-members)
Understanding commodity coding Date: Time:
5 September 9.15am-1pm
Location: Nottingham Price:
Import procedures Date: Time:
£139+VAT (members) £199+VAT (non-members)
10 September 9.30am-4.30pm
Location: Chesterfield Price:
Intrastats explained Date: Time:
£260+VAT (members) £370+VAT (non-members)
11 September 9.30am-12.30pm
Location: Nottingham Price:
£139+VAT (members) £199+VAT (non-members)
Export documentation Date: Time:
Location: Leicester Price:
Letters of credit Date: Time:
12 September 9am-4.30pm
£260+VAT (members) £370+VAT (non-members)
19 September 9.30am-4.30pm
Location: Leicester Price:
£260+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
and the Fourth Industrial Revolution presents lucrative opportunities for East Midlands companies in sectors of UK strength like technology, automotive, offshore wind and life sciences. The country boasts advanced technology infrastructure, high-speed internet and is racing towards adoption of 5G and the Internet of Things (IoT). Large South Korean companies are investing heavily in artificial intelligence (AI) research. Samsung Electronics, the fourth largest global investor in start- ups, announced that every product the company makes will have built-in AI by 2020. There is huge demand in South Korea for UK expertise, and its
government and tech industry see the UK as one of the priority countries to collaborate with on innovation projects and this creates growing partnership opportunities for UK businesses. Innovate UK (the UK’s innovation agency) has already led a number of
visits with UK companies to South Korea as part of its Global Business Innovation Programme to stimulate such partnerships, and also announced a joint funding call with the Korea Institute for the Advancement of Technology (KIAT) for research and development projects worth over £2m earlier this year. The South Korean automotive industry is one of the largest in the
world and a major part of its economy. It is expanding into advanced technology, especially low-carbon vehicles and driverless technology, which again presents an opportunity for UK companies to get involved – particularly in driverless technology where the UK is considered the innovation leaders. The country’s environmental impact and sustainability remain high on
the government’s agenda. To support this, South Korea has created an eco-friendly vehicle programme to encourage the development of low
Funding to boost skills
Sheffield City Region (SCR) is inviting applications for Skills Bank, a project that provides employers with funding for training – including the Chamber’s International Trade training offering. Skills Bank is a flexible pot of
funding that can provide bespoke training which directly meets the needs of employers and enables them to choose the training provider they use. Delivered in partnership between
the SCR and Calderdale College, a total of nearly £3m of funding from ESFA (Education and Skills Funding Agency) is available for businesses looking to expand.
50 business network July/August 2019 The project supports the mission
of the SCR’s Local Enterprise Partnership (LEP) to create jobs and drive economic growth by providing local businesses with the tools needed to succeed. Vicki Thompson, Business
Training Manager at the Chamber, said: The Chamber is delighted to be an approved training provider for Skills Bank. During phase One we supported a large number of businesses with training that supported growth and we are excited to be part of phase Two and to engage with businesses – this funding can have a massive impact.” If located within the SCR (covers
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