Extension of the additional customs duty on Russian and Belarusian goods
The goods will continue to have a rate of customs duty of 35% or greater and will only be eligible for concessional treatment under certain concessional items. The original measure applied the additional 35% duty to these goods when they left for shipment to Australia on or after 25 April 2022. It applied for a […]
Europe’s top tech scale-ups announced at Web Summit
The UK Government’s 2022 tech scale-ups programme, the Tech Rocketship Awards, reached its conclusion today. The Awards identified the brightest and best tech companies and will accelerate the global growth of its winners, through curated programmes connecting them with the UK’s ecosystem of investors, incubators and High Potential Opportunity (HPO) clusters. The Grand Finale saw […]
United Nations: International Day of the Girl Child11 October
Our time is now—our rights, our future In 2022, we commemorate the 10th anniversary of the International Day of the Girl (IDG). In these last 10 years, there has been increased attention on issues that matter to girls amongst governments, policymakers and the general public, and more opportunities for girls to have their voices heard […]
British lamb shipped to America for first time in over two decades.
British lamb has now been exported to the USA for the first time in over 20 years. The United States Department for Agriculture (USDA) agreed to open the market for British lamb last year, and following the necessary inspections, the first consignment was flown to the USA this week containing lamb produced by meat processors […]
Notice: UK Generalised Scheme of Preferences (GSP): goods graduation from 1 January 2023
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 […]
International Trade Secretary speech to Australian Chambers of Commerce
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 […]
Announcement from the UK Government in regards to Anti-Dumping Duty
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 […]