Bedfordshire Chamber of Commerce
International trade, international workforce: what happens next?
With the UK’s exit from the EU now offi cially water under the bridge (although not without its ongoing fair share of unpredictable undercurrents), there is an urgent need for businesses who trade with both EU and non-EU countries, or are planning to do so, to understand what the future holds. As it stands, the economic barometer shows - much like the erratic
summer weather we have so far endured - a somewhat undecided outlook. On the one hand, UK GDP growth slowed at the last count, as service sector output eased. Infl ation continues to rise, and the IMF predicts an uneven global recovery. Yet on the other, job vacancies have risen back above pre-COVID
levels, and the Eurozone is exiting recession, which is raising hopes of strengthened export and international trade. Where, then, do we go next? Rain or shine, what initiatives are under
way to support UK businesses who want to trade with the rest of the world, and where can you fi nd help and advice?
Tools to fuel the export drive For us at the Chamber, there is certainly a busy autumn ahead, with international trade now scheduled to become a year-long focus, and we have added extensive content and events to our website at
www.chamber-business.com/exporting to give your business access
44 ALL THINGS BUSINESS
Justin Richardson CEO
Bedfordshire Chamber
of Commerce
The plan from Westminster This all coincides with multiple Government initiatives, including a Global Investment Conference on October 19, followed by events for potential inward investors across the UK, and International Trade Week starting on November 15.
It all sounds very grand - but what will the
outputs be, and what useful insight will they deliver for businesses in our region and others? T e fi rst milestone to note is that there will be
to the export resources and services it really needs. ChamberCustoms, for example, delivers a
customs declarations service for UK importers and exporters of all sizes, in every region of the UK, including a T1 transit document service to enable goods to travel from the UK to an EU destination country without the need to make an import declaration at the fi rst port of entry into the EU.
We also have a vast network of regional, national
and international partners that off er many other import and export-critical services - including market research, export documentation, consular services, training and translation/interpretation. In addition, our own programme of workshops
gets hands-on with the knottier topics in international trade, including export licence controls, letters of credit, rules of origin, and many others.
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