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INTERNATIONAL TRADE


TRAINING & EVENTS INTERNATIONAL TRADE COURSES


SEPTEMBER


Import procedures Date: Time:


10 September 9.30am-4.30pm


Location: Chesterfield Price:


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


Export documentation Date: Time:


Location: Leicester Price:


12 September 9am-4.30pm


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


Customs declaration training Date: Time:


17 September 9am-4.30pm


Location: Chesterfield Price:


Letters of credit Date: Time:


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


19 September 9.30am-4.30pm


Location: Leicester Price:


£260+VAT (members) £350+VAT (non-members)


OCTOBER


Customs export and import procedures – NEW Date: Time:


11 October 9am-4.30pm


Location: Chesterfield Price:


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


International trade operations and procedures (ITOPS) Date:


Time:


Location: Chesterfield Price:


SPOTLIGHT ON: SINGAPORE


Singapore is a small but wealthy city-state with an open, pro- business and trade-driven economy. Due to its location, it has positioned itself as a leading global business hub where the major east and west shipping lanes converge. Ranked as one of the easiest


places to do business, over 1,000 British companies already have a presence in Singapore and 30,000 British residents live there, proving there are many opportunities for UK businesses in this thriving market. As one of the world’s most open


16 October (four-day programme) 9am-4.30pm


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


Incoterms 2020 rules – NEW Date: Time:


17 October 9.15am-1.30pm


Location: Leicester Price:


£184+VAT (members) £244+VAT (non-members)


economies with excellent infrastructure and transport connectivity, Singapore is a pillar of global trade. The economy is growing steadily and is forecast to continue to do so at an annual rate of one to three per cent. The country has per capita income of USD 56,000, the highest in Asia Pacific and higher than most developed countries including the UK. With its highly skilled and


educated population there is a real appetite for overseas knowledge- driven, high-value and creative businesses, which offers huge opportunities for UK businesses with expertise in these areas. Singapore is the UK’s largest trade partner in South East Asia


and close to most major Asia Pacific economies, so it lends itself as a good base in which to do business in this region. English is widely spoken and there are many similarities with the UK in business practices such as legal systems and technical standards, including Asia’s strongest Intellectual Property (IP) protection. Trading with Singapore can also


bring some challenges. It can be an expensive place to do business, and with an eight-hour time difference, communication and problem solving may not be as timely. The Singaporean government is also imposing tighter foreign worker restrictions, including quotas and limits on expansion in retail banking and licences for the legal sector, so it is worth checking out how these constraints may affect the day to day running of a UK business in Singapore. An EU-Singapore trade


agreement is expected to come into force before the end of 2019, and the UK Government is seeking to replicate the effects of this agreement should the UK leave the EU without a deal. Singapore accounts for half of


UK exports to ASEAN, although some will be re-exported


Singapore is a pillar of global trade. The economy is growing steadily and is forecast to continue to do so


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


42 business network September 2019


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