1. Introduction Goods graduation is the suspension of preferential rates of customs duty on certain imports. These imports are highly competitive without trade preferences. Suspensions can be applied to goods from countries in the general framework of the UK Generalised Scheme of Preferences (GSP). An assessment to determine which goods should be graduated under the UK GSP has been […]
(Australia)This factsheet provides the latest statistics on trade and investment between the UK andAustralia.Date of release: 20 September 2022; Date of next planned release: 19 October 2022 Source: Trade and Investment Factsheet (publishing.service.gov.uk)
Department for International Trade Open general export licences for low value shipments Page summary:Licences allowing the export of low value shipments of certain goods. See explanation below for which licence to use. Change made:This version of the licence has been reverted to its original format first published in December 2020, as the intended changes that […]
The UK has signed an agreement with Ukraine, which is in effect. This guidance provides information on aspects of trade covered by the UK-Ukraine agreement. It is for UK businesses trading with Ukraine. What the agreement includes This agreement includes provisions on: trade in goods – including provisions on preferential tariffs, tariff rate quotas, rules of […]
Trade Secretary Anne-Marie Trevelyan affirms strengths of the UK-Australia trade deal in speech to Australian British Chambers of Commerce. Good afternoon everyone Thank you, David and Don, for your warm welcome and to the Australian British Chamber of Commerce for inviting me to speak today. I want to acknowledge the Kaurna people of the Adelaide […]
A report prepared for the Department for International Trade examining the impact of exchange rate changes on trade, with a specific focus on the UK.
Details This research paper uses a mixed-methods approach to examine the complex impact of exchange rates on international trade, with a specific focus on the UK. This paper combines: a review of academic, grey, and commercial literature an online survey of UK businesses trading internationally case study interviews with UK-based trade associations an econometric feasibility […]
Trade remedies notices: anti-dumping duty on cold-rolled iron and steel products from China and Russia The anti-dumping duty on cold-rolled iron and steel products from China and Russia was imposed by the EU on behalf of the UK and the other member states. The Secretary of State for International Trade transitioned the anti-dumping duty to continue applying […]
Minister for Resources declares 2023 a shortfall year under the Prohibited Export (PE) Regulations and extends the Australian Domestic Gas Security Mechanism (ADGSM) into the 2023 calendar year (the current export restriction was due to expire on 1/01/2023).
EXPLANATORY STATEMENT Issued by the Minister for Home Affairs Customs Act 1901 Customs (Prohibited Exports) Amendment (Liquefied Natural Gas) Regulations 2022 The Customs Act 1901 (the Act) concerns customs‑related functions and is the legislative authority that sets out the customs requirements for the importation and exportation of goods to and from Australia. Subsection 270(1) of the Act provides […]