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INTERNATIONAL TRADE


TRAINING & EVENTS INTERNATIONAL TRADE COURSES


NOVEMBER


New incoterms 2020 rules Date: Time:


13 November 9.15am-1.30pm


Location: Leicester Price:


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


Introduction to the customs declaration service Date: Time:


14 November 9.30am-12.30pm


Location: Chesterfield Price:


£25+VAT (members) £35+VAT


(non-members)


Inward/outward processing Date: Time:


26 November 9am-1pm


Location: Chesterfield Price:


£139+VAT (members) £199+VA


(non-members) DECEMBER


Customs Declaration Training Date: Time:


3 December 9.30am – 4:30pm


Location: Nottingham Price:


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


Export Documentation BCC Accredited


Date: Time:


10 December 9am – 4:30pm


Location: Chesterfield Price:


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


HMRC Customs Warehousing and CFSP Date: Time:


11 December 9.30am – 12:30pm


Location: The Nottingham Belfry Price:


£25+VAT (members) £35+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


PITCHFEST MIDLANDS 2020


Applications are open for the Pitchfest 2020 cohort of ambitious companies with innovative products and services who have the potential to scale or which are already scaling and are looking to raise between £100,000 – £2m. Delivered by Innovate


UK through Enterprise Europe Network in collaboration with the Knowledge Transfer Network (KTN) and held at Austin Court Birmingham, Pitchfest 2020 is a highly focused training and showcase programme designed to help ambitious business founders develop the necessary skills to become pitch ready. It culminates in a showcase day where 12 selected companies pitch their


business ideas to investors, and network to allow a deeper conversation about their ventures.


For more information and to apply for a place on the programme, please visit http://bit.ly/Pitchfest2020


Thailand is the world’s 29th largest economy with a GDP of US$388bn. The Thai economy is predicted to grow considerably, fuelled mainly by the government’s infrastructure investment plans. Manufacturing accounts for almost half of the GDP figure, closely followed by the communication and transport, agriculture, hotels and restaurants and finance industries. Thailand is also the second


largest economy in the Association of Southeast Asian Nations (ASEAN), accounting for 17% of ASEAN Gross Domestic Product (GDP). It’s predicted that the ASEAN economy will become the fourth largest single market by 2030. This market enjoys a well-


developed infrastructure, and its government is committed to its comprehensive investment policies in this area. Its location makes 50% of the world’s population accessible within a five hour flight. There are also incentives available through the Thailand Board of Investment (BOI) therefore making this market very attractive for UK companies. The UK is one of the leading


investors in Thailand, with its companies operating across the Thai economy, and this country is also home to over 50,000 British residents. UK investors include Tesco (its largest overseas


52 business network November 2019


operation), HSBC, Standard Chartered, Triumph Motorcycles and Prudential. UK goods exports to Thailand


were valued at more than £2bn last year making Thailand the UK’s 29th largest export market. Exports included iron and steel, road vehicles, machinery and photographic and optical goods. The rewards of doing business in


Thailand for UK companies can be considerable, but like many Asian markets, it takes time to develop the necessary business relationships. However the country’s increasing investment and rapidly growing economy affords many opportunities for UK companies to exploit. An example is the government’s


investment of £66m in infrastructure projects. This includes an upgrade of the national rail network, three new double track lines and expansion of the Bangkok mass transit system. There are also plans for airport and port expansion, road and bridge upgrades and flood prevention. Opportunities exist within areas of engineering, project management, design and innovative technology, which are open to overseas companies to complete these vast and complex projects. Thailand has a thriving tourism


industry which, coupled with its population enjoying an increasing


SPOTLIGHT ON: THAILAND


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