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- Customs Update: Changes to Export Post-departure Arrival
Goods being shipped to destinations outside of the UK must be accompanied by an export customs declaration. This document is given an MRN (Movement Reference Number) which must be scanned at the border to “depart” the shipment on the Customs Declaration Service software. A departed (EX-A) export customs declaration is the official evidence accepted as proof of export by HMRC for the zero-rating of the VAT. In some cases, it can happen that the entry is not departed by the transport company/haulier for a range of different reasons which will lead to the entry being “timed out” after 150 days. Until May 2024, customs agent and traders could complete a C1602 form to submit a retrospective departure to HMRC and update the status of the entry to avoid it being timed-out. However, in a recent update, HMRC has informed customs agent that they will no longer be accepting C1602 forms for these entries which will automatically time out after 150 days. To ensure you can still claim zero rating for VAT purposes, we highly recommend exporters keep a copy of the original entry (even if timed out, this shows that one was raised at the time of export). Additionally, exporters should have alternative proof of export for their records. This could be a CMR, Transit Form, Signature of Receipt, etc. A list of acceptable proof of export can be found on the website here . How can we help? Greater Manchester Chamber of Commerce can act as your customs agent and complete export and import customs declaration on your behalf. For more information and to book an initial call with our team, please see here . We will also be running a Understanding and Checking Customs Declaration training course on 20th June – book your place here . Flash Sale: If you book in two or more courses, you can get an additional 20% off.
- EU Introduces Comprehensive Framework for Sustainable and Responsible Business Practices
Overview The European Union is intensifying its commitment to enforcing responsible business practices and enhancing sustainability within supply chains through a series of new regulations. Key among these are the Corporate Sustainability Due Diligence Directive (CS3D) and the upcoming European Deforestation Regulation (EUDR). Together, these regulations establish a robust framework aimed at improving transparency, protecting human rights, and upholding environmental standards in EU business operations. Corporate Sustainability Due Diligence Directive (CS3D) Published on the 5th of July 2024, the CS3D represents the end of a rigorous legislative journey. This directive gives businesses the clarity needed to determine if they fall within its scope and, if so, to identify the necessary steps for compliance. The CS3D requires companies to actively manage and report on the human rights and environmental impacts of their activities and supply chains, thus raising the bar for corporate responsibility. European Deforestation Regulation (EUDR) Slated to take effect at the end of 2024, the EUDR specifically addresses deforestation. It mandates that products entering the EU market must be "deforestation-free," meaning no net loss of trees should occur during their production. This involves planting at least one new tree for every tree cut down. The EUDR stipulates: Relevant goods must come from areas where no deforestation has occurred since 31st of December 2020. Wood products must be sourced from forests that have not been degraded after 31st of December 2020. Affected Goods The EUDR currently applies to the following commodities: Palm oil Cattle Soy Coffee Cocoa Beef Rubber Wood Derived products (such as beef, furniture, or chocolate) The European Commission plans to review and potentially expand this list over the next two years. Additional Measures In addition to the CS3D and EUDR, the EU has introduced other regulations affecting supply chains: Batteries Regulation: This new regulation replaces the 2006 Directive and includes due diligence and traceability requirements for batteries sold in the EU market. Forced Labour Products Regulation (FLP Regulation): Aimed at eliminating forced labour from supply chains, the FLP Regulation is in the final stages of legislative approval. Source: Princvision, Travers Smith, The European Commission Impact on Businesses These regulations collectively require companies operating in the EU to enhance transparency and actively manage the human rights and environmental aspects of their business operations and supply chains. This wave of legislation significantly raises the standards for corporate accountability and sustainability. Is your UK-based business dealing with the impact of the new EU rules? Need support in understanding how this new wave of legislation will affect your business? Businesses must stay updated on these regulations and their implications. As the world moves towards sustainability, businesses need to adapt to changing rules, like the new EU regulation. Simply email us at international@gmchamber.co.uk or arrange a complimentary session with one of our Trade & Customs Advisers here .
- Selling and/or Transporting Hazardous Goods? Check Some Quick Facts Traders Need to Know
Transportation of dangerous goods involves the safe and secure movement of hazardous materials that pose risks to health, safety, property, or the environment. These materials can be in the form of solids, liquids, or gases and require specific handling and transportation procedures to mitigate risks. Dangerous goods are classified into nine classes based on the nature of the hazard they pose: Explosives Gases Flammable Liquids Flammable Solids Oxidizing Substances and Organic Peroxides Toxic and Infectious Substances Radioactive Materials Corrosives Miscellaneous Dangerous Goods Employer and Employee Duties The employer is required to ensure that when any dangerous goods are transported, they are carried in full compliance with the appropriate regulatory provision or provisions (if more than one mode is involved). Whilst employees are required to comply with the policy and procedures of the employer and with any other safety provisions under other requirements and legislations. Packaging and Labelling : Dangerous goods must be properly packaged to prevent leaks, spills, and contamination. Packaging must meet specific standards and be tested for durability. Labels and placards are essential for identifying the type of hazardous material and the associated risks. They provide crucial information for handling, emergency response, and regulatory compliance. Documentation Proper documentation, including shipping papers, emergency response information, and certificates of training, is required to accompany the transportation of dangerous goods. Documentation ensures traceability and provides essential information to transporters and emergency responders. Training and Support For further information and support, we will be organising a training in partnership with North East Chamber of Commerce on 2nd July, 1pm-4pm, Online. The course will cover the regulations for Dangerous Goods transport, the nine classes of Dangerous Goods, the UN specification packaging, documentation and the key requirements for transporting Dangerous Goods via air, road and sea. For more information and to book your place, click here . If you have any questions, you can contact the Trade Team, international@gmchamber.co.uk and 0161 393 4314. Sources: HMRC
- Trade Outlook 2024 - Data Review and Opinion Piece
From September, Greater Manchester Chamber of Commerce will be releasing quarterly Trade Outlooks with a view to review past and current global, UK and regional trade trends. This will be a combination of available trade data, findings from our recent Quarterly Economic Surveys, GMCC’s Export documentation data as well as anecdotal feedback our Trade Team receives from traders. To request the first copy in the series, please click here .
- East Coast U.S. Ports strikes likely to impact supply chains across the board
According to Allyn International, the International Longshoremen’s Association (ILA) is making preparations for a series of major strikes along the Atlantic and Gulf Coasts in early October, which are likely to disrupt automotive supply chain and other industries. U.S. West Coast, Canada and Mexico are seeing a potential alternatives should this become a reality, leaving shippers with less than a week to have in place contingency plans. The strike comes on the back of ILA’s master contract with the United States Maritime Alliance (USMX) expiring at the end of September. There are some concerns regarding automation and wage disagreements which have stopped negotiations. Whilst the current ILA-USMX contract includes ports in the States such as Texas, Maine, New York, New Jersey and Florida, there could be disruptions experienced in other regions and industries. So, whether you are a shipper, export and/or importer, consider alternative shipping routes or establish a multi-coastal transportation network ahead of time. On time-sensitive goods, traders and shippers may consider airfreight as a potential alternative as well. Make sure to speak to your freight forwarding/shipping/transport partners if you are due to export to the US and goods movement may be affected by the East Coast strikes. Source: Supplychaindive.com , Global Trade Newsletter, Allyn International Related Trade Events Seeking to grow your business in USA? Join our next free webinar where we explore trade and investment opportunities with New Hampshire, 1st October. Open to members and non-member but registration is required.
- Have Business partners or customers coming to the UK soon? Check latest travel update!
The UK is introducing an Electronic Travel Authorisation (ETA) for visitors who do not need a visa for short stays or lack UK immigration status. This change is part of the efforts made by the UK to modernise its immigration system and aligned with countries such as the US and Australia, enhancing border security measures, streamlining border processes and speeding up the arrival experience for travellers. So, from the 27th November 20204, non-European Visitors will need to apply for an ETA (Electronic Travel Authorisation) when coming to the UK from the 8th January 2025 onwards, and European visitors will be able to apply from 5th March 2025 to travel from 2nd April 2025 onwards. Eligibility for ETAs The ETA will be mandatory for all visitors, including children, who do not require a visa for short stays or transit. However, British and Irish citizens will not need an ETA. It’s important to note that an ETA is not a visa, it’s simply an authorisation to travel to the UK. Once issued, an ETA costs £10 and allows for multiple trips of up to six months at a time over a period of two years, or until the holder’s passport expires. Applying for an ETA The application process for an ETA is simple and can be completed online or via the UK ETA app, available on the Google Play and Apple App stores. Applicants can apply on GOV.UK if they don't have access to a smartphone. Decisions are typically made within three working days, though users of the app may receive quicker responses. To apply, travellers must provide contact and passport details, a valid photo, and answer a series of questions. The fee for an ETA is £10, and the traveller must use the same passport when applying for and travelling with the ETA. If you need more information about the ETA, please refer to the UK Government website. Are you employing overseas nationals? If you need help about employing overseas nationals (from EU or non-EU countries) or if you are also looking to send staff overseas for business purposes, please make sure to check immigration regulations in each of the countries. If you need help, you can book a complimentary 25-min session with one of our visa and immigration experts by emailing us at international@gmchamber.co.uk Source: UK Government
- Delays in Windsor Framework Implementation
The new elements of the Windsor Framework that were due to commence on 1st October 2024 have now been delayed until March 2025 at the earliest. There were set to be new customs processes for parcels and freight movement, but these will now not be implemented before 31st March 2025. Certain events such as the General Election and pre-election period have impacted on preparations for the new processes, and this has created concerns regarding readiness of businesses. The new elements concerned mainly business-to-business parcels being due to face customs processes for the first time, with the introduction of red and green lanes as well as a new trusted trader scheme. Further information will be provided in due course, but businesses should be prepared for these new rules by 31st March 2025. How can we help? If you require any support trading with Northern Ireland or to help prepare for the new rules, please contact our Trade Team, international@gmchamber.co.uk or call 0161 393 4314. You can find further information about the Windsor Framework in our briefing we held earlier in the year, the recording can be viewed here . You can also visit our Trade Hub for further resources www.internationaltradehub.co.uk .
- Economic Outlook: Divergent Trends in the UK and Greater Manchester
The latest Trade Confidence Outlook for Q2 2024, published by the British Chambers of Commerce (BCC), paints a sobering picture for UK SME exporters. Based on a survey of nearly 2,000 businesses, overseas sales appear to be mostly stagnant, with 52% of SMEs seeing no change and 21% experiencing a decrease. Despite a minor three percentage point uptick, only 27% of SME exporters reported an increase in export sales. This stagnation has been a persistent issue since the pandemic, with the BCC’s SME export sale indicator consistently underperforming compared to domestic sales. Only 14% of SMEs reported a decrease in overseas sales in Q2 2018, compared to the current 21%. In contrast, 37% of SME exporters reported an increase in sales this quarter. Forward-looking indicators are also less promising, with declines in advance orders across the board. William Bain, Head of Trade Policy at the BCC, emphasised the need for government intervention to revitalise exports. Despite some steps like trade strategy announcements and renewed trade negotiations, significant challenges remain, particularly around regulatory divergence with the EU. In contrast, the Greater Manchester Quarterly Economic Survey (QES) for Q2 2024 offers a more optimistic outlook for the region, with a notable rebound following a sharp decline in Q1 2024. The Greater Manchester Index™, a composite indicator of key QES measures, soared to 30.6, a significant 27-point increase from the previous quarter. Key highlights include increased sales and growth in both business and consumer confidence, rising domestic and overseas demand along with higher recruitment activity, and improved cash flow positions with reduced inflation concerns now at the 2% target. This positivity is partly attributed to the new financial year and the anticipation of potential economic policy shifts with a new government. Demand data for Greater Manchester shows that domestic sales and advanced orders have improved compared to the previous quarter, while overseas sales have hit their highest levels since late 2022, marking a significant recovery. Susana Córdoba, Head of International Trade at GM Chamber, said " Whilst QES Q2 Results are encouraging for the GM Economy, it is also important to acknowledge that the global trade landscape remains challenging overall with tensions derived from the ongoing Russia invasion to Ukraine as well as in the Middle East, the upcoming USA elections, the current Red Sea disruption and much more. UK Companies also need to be vigilant of upcoming changes in EU Regulation and we continue to ask government to consider these in future negotiations with the EU.” Greater Manchester's ability to bounce back and thrive amidst broader economic challenges and underperformance highlights the region’s resilience. As the largest accredited chamber in the UK, GM Chamber is dedicated to supporting all businesses across all sectors, from sole traders to MNCs. In this time of economic uncertainty, turn to us for comprehensive support to help your business succeed, including international trade support. With over 230 years of experience, our dedicated team is committed to providing expert advice, networking opportunities, and tailored solutions that address the unique challenges and opportunities facing businesses today. For more information and to view the services we offer, visit our website at https://www.gmchamber.co.uk , or call 0161 393 4321. #UKExports #Trade #DomesticRecovery #GMChamber #BusinessResilience #InternationalTrade #EconomicUncertainty #ExpertAdvice #Networking #BusinessSolutions #economy #business #trade #export #import #SME #UKeconomy #Manchestereconomy #businessgrowth #economicoutlook #chamberofcommerce Source: British Chambers of Commerce
- UK and 90 Nations Commit to Digital Customs
The UK, alongside 90 other countries, has signed the Agreement on Electronic Commerce at the World Trade Organisation (WTO). This agreement, five years in the making, aims to make global trade faster, fairer, cheaper, and more secure. As part of this agreement, signatories will commit to the digitalisation of customs documents and processes, as well as recognise e-signatures and e-documents. This change is expected to significantly reduce administrative costs and delays, as well as reduce the burden of international posting and shipping. Additionally, the agreement will permanently ban customs duties on digital content, reducing costs for UK businesses and consumers. Legal safeguards against online fraud and misleading product claims will be established, ensuring a safer digital marketplace for consumers. A global adoption of digital customs is anticipated to boost the UK economy and increase UK GDP by up to £24.2 billion in 2023 UK GDP terms. Business and Trade Secretary Jonathan Reynolds expressed pride in the UK’s role in securing this first-ever global digital trade agreement. "Global digital trade is already estimated by the OECD to be worth around £4 trillion and counting but no common set of global rules exist. This is a huge step forward in correcting that and ensuring British businesses feel the benefit,” he said. This Agreement not only delivers new growth opportunities for the UK, but recognises the importance of supporting developing and least-developing countries to ensure growth and prosperity for all. WTO partners will now work toward incorporating the Agreement into the WTO legal framework. Curious as to what these changes mean for your business? GM Chamber offers comprehensive support and guidance to help you understand and comply with evolving trade regulations. Contact us today for a complimentary consultation with our Trade & Customs Advisors. Email us at international@gmchamber.co.uk , or call 0161 393 4314. For more news, updates, and information on the services we offer, please subscribe to our newsletter https://bit.ly/InternationalTradeNewsletter and visit our website https://www.internationaltradehub.co.uk/ . #DigitalTrade #eCommerce #WTO #UKTrade #GlobalTrade #DigitalCustoms #EcommerceAgreement #InternationalTrade #BusinessGrowth #TradeRegulations #GMChamber #FreeTrade #Export #Import #SupplyChain #BusinessSupport Source: HMRC
- UK Government Prioritises New Trade Deals with Gulf Countries and India
The UK Labour government has announced its priorities for new trade agreements, with six Gulf nations and India at the forefront. The government aims to restart these negotiations in the autumn. In an effort to secure Free Trade Agreements (FTAs) once pursued by the previous Conservative administration, business and trade secretary Jonathan Reynolds emphasised the importance of resuming discussions with the Gulf Cooperation Council (GCC) countries and India. These deals have been challenging to finalise, despite former Prime Minister Boris Johnson's promises to secure a deal with India by Diwali 2022 as a Brexit benefit. A trade deal with the GCC could bring about a significant boost to the UK economy – it was estimated in 2022 that an FTA with the six GCC states could bring an annual increase of £1.6bn through increased exports of goods, agricultural products, and financial and digital services. Israel, South Korea, Switzerland, and Türkiye are also significant targets for trade talks, with negotiations having commenced under the previous Conservative government. Notably, the US was absent from this list, with progress on the anticipated FTA being slow. FTAs are just one aspect of the government's trade policy. The government plans to release a trade strategy that aligns with its industrial strategy, aiming to bolster economic security and support net zero goals. "Boosting trade abroad is essential to deliver a strong economy at home," Reynolds stated. Interested in tapping into these new and upcoming export opportunities? GM Chamber assists businesses through every step of the internationalisation journey, from choosing strategic markets to finding partners. Contact us today for a complimentary consultation by emailing international@gmchamber.co.uk , or calling 0161 393 4314. For more news, updates, and information on the services we offer, please subscribe to our newsletter https://bit.ly/InternationalTradeNewsletter and visit our website https://www.internationaltradehub.co.uk/ . Source: Financial Times, UK Gov #UKTrade #FreeTradeAgreements #InternationalTrade #TradeDeals #BoostingExports #GlobalBusiness #GulfCooperationCouncil #GCC #IndiaTradeDeal #UKIndiaTrade #IsraelTrade #SouthKoreaTrade #SwitzerlandTrade #TurkeyTrade #UKGovernment #LabourGovernment #TradePolicy #ExportOpportunities #Internationalisation #GMChamber #GlobalBusinessNetwork #Brexit #Economy
- Shield Your Business: Expert Insights on Export Controls and Sanctions
Don't let your business become an unintended casualty of a changing world. The world of international trade is no longer a predictable landscape. Economic and political climates are now in a state of constant flux. Regional conflicts, geopolitical tensions, and shifting economic policies all contribute to an environment of uncertainty for businesses engaged in global commerce, and is unlikely to resolve in the near future. While the World Trade Organisation (WTO) forecasts a modest increase in the volume of merchandise trade for 2024 and 2025, these projections are shrouded in significant uncertainty. Businesses of all sizes and all in all industries are at risk of being affected: sanctions can apply on a range of goods, from high-end luxury consumer goods to essential technology components like semiconductors and microchips. Being caught off guard may not only bring operational challenges, but can also pose legal risks that could affect have detrimental effects on your business. Companies must be adaptable and possess a deep understanding of the ever-evolving regulatory environment in order to succeed. In response, GM Chamber has organised an Expert’s Insights into Export Controls and Sanctions on the 19th of September to help businesses remain informed and proactive. Equip your staff with the knowledge and skills to navigate the complex terrain of international regulations. Our experts will dive deep into different controlled goods, as well as different ongoing sanctions and their effects on global trade, to help you run a compliant and efficient business. #internationaltrade #exportcontrols #sanctions #globaltrade #businesscompliance #webinar #uktrade #UK
- Is Rail Freight the Future of UK Logistics?
The UK’s freight industry is at a crossroads. Freight costs can account for up to 50% of a product’s total value, with prices rising as demand, fuel costs, and geopolitical tensions affect the industry. As governments also push for environmental regulations, proactively managing your carbon footprint can shield your business from future challenges. While 81% of domestic freight is currently transported by road, environmental and logistical challenges are becoming increasingly apparent. Moving goods by rail can reduce carbon emissions by up to 76% compared to road transport. Moreover, the UK government is aiming to increase rail freight by 7.5% over the next six years, signalling a clear commitment to this mode of transportation. Rail freight could be the key to unlocking a more sustainable and efficient supply chain. As part of our commitment to support businesses in Greater Manchester as they navigate their international trade journey, GM Chamber is pleased to launch a series of free virtual sessions in partnership with a select group of UK Chambers. Join us on 11 September 2024 as we partner with RailX to gain deeper insights into the rail freight landscape. If you are looking to optimise your supply chain, reduce your carbon footprint, and explore new opportunities, this session is for you. #railfreight #supplychain #logistics #sustainability #UKbusiness #GreaterManchester #export #import #customs Sources: Department of Transport, RailX, Fretron
- Chemnitz Region: A Hidden Gem for UK Firms
Are you an Engineering or Advanced Manufacturing Firm? Looking to expand your horizons? Germany is renowned for its engineering prowess, and Chemnitz, in particular, is an emerging powerhouse. This dynamic city is home to a thriving ecosystem of innovative companies, world-class research institutions, and a skilled workforce. According to the International Trade Centre, there is a staggering $2 billion in untapped export potential for the UK within the German machinery and electricity sector, representing a wealth of opportunities that UK companies can capitalise on. The Chemnitz region is a thriving hub for R&D, pioneering advancements in digitalisation, automation, and sustainable manufacturing. Collaborating with Chemnitz-based companies could give UK firms a competitive edge that takes your business to new heights. Interested in finding out more? GM Chamber, in partnership with Manchester City Council and MIDAS, is hosting a delegation from the Chemnitz region to Manchester on the 19th of August 2024. The delegation will consist of 8 SMEs who are eager to meet Greater Manchester engineering and advanced manufacturing firms. GMCC Members can join for an exclusive roundtable discussion from 4pm onwards for an informal networking session. Take advantage of this exclusive opportunity! Find out more and RSVP below.
- Trading with Saudi Arabia - Export Documentation Changes Update (SASO)
New Standards for Charger Port Types Saudia Arabia has taken the decision to establish a single type of charging port for mobile smartphones and electronic devices starting from the 1st January 2025. The chosen standardised connector will be USB Type C. The standards aim to unify the charger port types and reduce the environmental impact of electronic waste. The implementation of this decision will occur in two phases. The first will begin on the 1st Jan 2025 including various devices such as mobile phones, headphones, tablets and more. The second phase will kick off from the 1st April 2026 and will cover laptops. However, it is worth noting other key compliance dates: August 1, 2024: Compliance with the listed requirements will be verified for all new Product Certificate of Conformity (PCoC) requests. Existing PCoCs must also maintain compliance and proof must be uploaded to the SABER platform. October 1, 2024: Non-compliant PCoCs will be reported to SASO, who will then suspend or withdraw these PCoCs and cease issuing shipment certificates. Why is this important? This new standard will help reduce over 2.2million chargers and charging cables annually used for mobile devices and electronic gadgets within KSA. It also forecasts to save consumers in the country more than SR170 million whilst also making contributions towards KSA’s sustainability goals by reducing electronic waste of about 15 tons per year. What happens if companies do not comply with this new standard? Lack of compliance will result on: Products not being allowed into the KSA market and may also be subject to customs clearance delays or rejections. The Product Certificate of Conformity (PCoC) will be suspended or withdrawn by SASO and the importers will lose their eligibility to obtain shipment certificates The notified bodies that issued the non-compliant PCoC will face legal actions by SASO and their accreditation will be removed. What HS Codes will be impacted? 847160000001: Mouse 847160000002: Keyboard 851821000000: Single loudspeakers, mounted in their enclosures 851822000000: Multiple loudspeakers, mounted in the same enclosure 852581100000: High-speed video camera 852581200000: High-speed digital cameras for still images 852581900000: Other high-speed cameras 852582100000: Video cameras that are resistant or tolerant to radiation 852582200000: Digital cameras for still images that are resistant or tolerant to radiation 852582900000: Other cameras for still images that are resistant or tolerant to radiation 852583100000: Video cameras for night vision 852583200000: Digital cameras for still images and night vision 852583900000: Other types of cameras for still images and night vision 852589100000: From video cameras 852589200000: From digital cameras to still images 852589900000: Other types of cameras 852691100000: Global Positioning Systems (GPS) 851762200004: Routers and Hubs (distributor) Sources: Pincvision, Verger Group, digwatch
- Discover New Markets and Boost Your Exports - New GMCC Business Clinics Focusing on Vietnam and Germany Launched!
Join us for two exciting virtual business clinics dedicated to helping British companies expand their exports in Vietnam and Germany! These are complimentary one-to-one virtual 25-min sessions with market experts who can help you understand their markets and the opportunities for your business. GERMANY Germany remains one of the top trading partners of the UK, North West and Greater Manchester and it offers great opportunities for expansion with over USD$14bn of untapped export potential for British companies. Join our market Expert, Thim Werner, and discover tailored strategies, identify lucrative opportunities, and gain the knowledge you need to expand your reach into Germany’s robust economy. Don’t miss this opportunity to get expert advice and drive your business growth internationally. Secure your session today and take the first step towards successful exporting in Germany! When: 11th September 2024 Time: 10am – 4pm CLAIM YOUR FREE SLOT NOW VIETNAM Discover unparalleled opportunities to showcase your innovative products and services to one of Southeast Asia's fastest-growing markets where British companies could be exporting an additional USD$1.3bn across a wide range of sectors including machinery and equipment, chemicals, pharmaceuticals, medical devices and much more. Connect with our market expert, Thao Pham, and gain insights into market trends and unlock your business potential. This is your chance to discuss your plans in a complimentary 1-2-1 Virtual session and discover how to elevate your business on a global scale. Don’t miss out on the opportunity to drive growth and success by tapping into Vietnam's vibrant economy with the strength and quality of British exports. When: 25TH & 26TH September 2024 Time: 9.30am – 10.30am CLAIM YOUR FREE SLOT NOW About GM Chamber’s Global Connect Network Global Connect is an initiative of Greater Manchester Chamber of Commerce made up of more than 680 connections and 52 partners covering more than 90+ markets across the world. Our partners are in-country market experts with extensive experience supporting businesses reach new markets offering practical information and cost-effective market entry support services. If you are interested in meeting experts from other markets, you can book a slot here
- Mastering Tariff Codes: Your Key to Smooth and Profitable Global Trade
Tariff codes, also known as HS or commodity codes, are numerical classifications that determine the duties and taxes on imported and exported goods. Misclassification can lead to hefty fines, delayed shipments, and even legal troubles. Similar products can have different codes, according to what they are made of or what they are used for. See examples below: Printed paper stickers - 491199, generally 0% duty if imported to the UK Toy stickers - 950300, could be up to 4% duty if imported into the UK Plastic stickers - 391990, could be up to 6% duty if imported into the UK Stickers including a magnet - 850511, generally 0% duty Depending on the materials and use, stickers can be categorised under different chapter headings and subheadings. You can find further information on the UK Trade Tariff. As mentioned before, accurate classification using the Harmonized System (HS) or other coding systems ensures compliance with global trade regulations, preventing costly errors and delays at customs. Proper tariff codes classification facilitates smooth and efficient customs clearance, reducing the risk of penalties and avoiding unnecessary disruptions to your supply chain. Additionally, correct classification helps businesses take advantage of preferential trade agreements and duty reliefs, leading to significant cost savings. It also aids in accurate reporting and record-keeping, supporting strategic planning and decision-making processes. In a competitive global marketplace, understanding and applying the correct tariff codes is essential for maintaining a competitive edge, optimizing operational efficiency and ensuring legal compliance. Mastering tariff codes classification not only enhances your trade operations but also strengthens your overall business strategy. Mastering Tariff Codes Unlock the secrets to seamless international trade with our Tariff Codes Training Course. Designed for exporters, importers, and trade professionals, this comprehensive course demystifies the complexities of tariff codes, ensuring your shipments move smoothly through customs. Our Tariff Code training course is designed to equip you with the knowledge and skills to navigate this complex system. The course is tailored for businesses of all sizes and covers a wide range of topics, including the structure of HS codes, the importance of correct classification, and the potential risks of misclassification. You will also learn about the different types of tariffs and how they impact your pricing and profitability. The course will take you through practical exercises and real-world case studies. Enrol today and transform your understanding of tariff codes into a strategic advantage for your business. For more information and to book your place, click on the link below! Need tariff advice? We also offer tailored 1-2-1 advice and can help support on identifying the correct code to use, please contact the International Trade Team on email international@gmchamber.co.uk or 0161 393 4314 for further information.
- Attending the Olympic Games and Taking Commercial Samples or Professional Sporting Equipment? Use ATA Carnets!
With less than a week to go the 2024 Paris Olympic and Paralympic Games, thousands of athletes, media representatives and suppliers are preparing their trip to France this summer. The ATA Carnet is a vital tool for you to use to take broadcasting, sports and other professional equipment across borders for use at the Games. Every year, 200,000 ATA Carnets are issued, allowing goods worth $28 billion to pass through customs checkpoints – duty free and tax free for up to one year. Through one globally unified customs document, you can race through customs in 80+ countries and territories. If you’re taking goods into France temporarily for the Olympic Games, such as commercial samples, professional sporting or filming equipment, you’ll need to follow specific procedures. Using an ATA Carnet for temporary admission of your goods allows you to import goods without paying customs duties or taxes, provided they will be re-exported after the event. The Paris 2024 Customs and Freight Guide is a valuable resource for anyone involved in the Olympic and Paralympic Games. It provides comprehensive information on customs regulations and procedures for importing and exporting goods during the event, including the ATA Carnet. Need help with ATA Carnets? Our expert team can help you with your application, click here for more information or contact us at exportdocs@gmchamber.co.uk and 0161 393 4314 Need it quick? We offer same-day service!!!! Need help completing an application? Contact our team and book a 121 session. Members get preferential rates or check any of our upcoming Step by Step workshops here
- Is Exporting Paperwork Causing Delays and Eating Into Your Profits?
Exporting can be daunting if you don’t know what you’re doing. Working at the Chamber, we have seen plenty of companies, specially SMES, with little to no experience, becoming truly overwhelmed with the paperwork and regulations. We have seen many exporters making costly mistakes that have delayed their shipments not to mention creating real frustration with their customers. This is why at the Chamber we have designed a practical and simple step by step course with traders in mind. Export Documentation can be key to trading globally successfully. This course can help you avoid the pitfalls of making mistakes and save you time, money, and stress. The Myths Many people think export documentation is just about filling out forms. They believe it's a tedious, bureaucratic process that can't be simplified. They often rely on outdated advice or think they can just wing it. This leads to errors, fines, and delays. Another myth is that you need to hire expensive consultants to handle the paperwork. The truth is, with the right knowledge, you can do it yourself. Our course debunks these myths by showing you how simple and manageable export documentation can be with the right approach. The Mechanics The first step in mastering export documentation is understanding the key documents. You’ll learn how to fill out the commercial invoice correctly, detailing the goods, value, and terms of sale. Next, we’ll cover the packing list, which ensures all items are accounted for and match the invoice. The certificate of origin is crucial for determining the product’s country of origin and ensuring compliance with trade agreements. We’ll also go through the bill of lading, which acts as a receipt for the shipped goods and a contract between you and the carrier. Finally, we’ll explain the export licence, which you may need depending on the goods and destination. Each step includes links to resources and templates to make the process easy. Mastering these documents will streamline your exports, reduce errors, and speed up delivery times, boosting your business's reputation and profits. Maintenance Once you’ve started implementing these steps, you might face a few challenges. You might worry about keeping up with changes in regulations or making sure every shipment is perfectly documented. To prevent these roadblocks, stay updated with the latest trade news and regulations. Set up a system for organizing and storing your export documents. Regularly review your documentation process to catch and correct any mistakes early. Remember, consistency is key. By following these steps, you'll ensure smooth and efficient exports every time. Troubleshooting You might have some questions as you go through this course such as: what if I make a mistake on a document? Double-check everything before submitting, and if you find an error, correct it immediately and inform the necessary parties including the Chamber. Do I need an export licence for every shipment? It depends on the product and destination; check the specific requirements for each case. How can I keep track of all my documents? Use digital tools and apps designed for export management to organise and store your paperwork securely. These answers should help you get started with confidence. Conclusion In this course you will learn how to master export documentation step-by-step. You now know how to fill out key documents, stay organised, and avoid common pitfalls. By taking action now, you can save time, money, and avoid costly mistakes. Your business will benefit from smoother, faster shipments and happier customers. Don’t let fear or confusion hold you back. Start mastering your export documentation today and watch your business grow globally. Take Action Now Enrol in any of our next training courses in Autumn - See below! Take advantage of our Summer Flash Sale for our training courses when booking 2 or more courses before the end of 31st August 2024, you can access an additional 20% off! (Quote Code: Bundle20) . Interested in exploring other courses? Visit our Calendar to choose which course can help you further your career here Unsure if your current processes and documentation are compliant? Don't worry, you can book a Customs and Documentation Audit with our team by emailing us at international@gmchamber.co.uk
- EU introduces further sanctions for Russia for its continued illegal war against Ukraine
The EU remains committed to reduce further Russia’s sources of revenue and capacity to enable its war against Ukraine. The package includes: Important new energy-related measures targeting liquified natural gas (LNG), and measures targeting vessels which support Russia's war, so this is effectively prohibits all future investments in, and exports to, LNG projects under construction in Russia. This is the first time there as been a sanction specifically targeting vessels which are enabling Russia’s warfare, which are subject to a port access ban and ban on provision of services. This measure also targets tankers part of Putin's dark fleet which circumvent the EU and Price Cap Coalition's caps, while adopting deceptive shipping practices in complete disregard of international standards. New listings of individuals (69) and entities (47) working to undermine or threatening the territorial integrity, sovereignty and independence of Ukraine. Stricter restrictions for the export of dual-use and advanced technology items to 61 entities – established in Russia (28) and in third countries (33) – which are directly or indirectly associated to Russia's military complex and thus contribute to supporting the Russia's war of aggression. The import ban to helium which generates significant revenues for Russia Clarification about the import ban on Russian diamonds already agreed in the 12th sanctions package, indicating the bank does not apply to diamonds that were located in the EU or in a third country (other than Russia), or were polished or manufactured in a third country, before the ban on Russian diamonds entered into force (so-called ‘grandfathering'). It also allows temporary imports or exports of jewellery, for example for trade fairs or repairs. It also prolongs by six months (until 1 March 2025) the sunrise period after which the full-traceability scheme for imports of rough and polished natural diamonds will become mandatory. Lastly, it also postpones the ban on jewellery incorporating Russian diamonds processed in third countries other than Russia until the Council decides to activate the ban in the light of action taken within the G7 to pursue that measure. Need help with Export Controls and Sanctions? Email our team at international@gmchamber.co.uk and book a complimentary 121 with a member of our team to discuss your requirements, or call us at 0161 393 4314 Source: European Commission website
- Can My Imported Goods Preserve Their Preferential Status When Stored in a Customs Warehouse? If so, What Do I Need to Do?
Using a customs warehouse opens many benefits for exporters and importers including delaying or waiving the payment of duties and taxes. Another key advantage is the preservation of the goods’ preferential origin status. When goods are imported into the UK as a Standard Import, and released into free circulation, they lose any preferential status they previously held. Consequently, when re-exporting these goods, even to a country with an agreement for goods of that origin, they are treated as “3rd country” goods, subject to the full rate of duty and tax. One way to avoid that, is to import and store these in a customs warehouse until the re-export to the destination. For example, if you import products of Turkish preferential origin into your Customs Warehouse in the UK and re-export them to the EU – how would you claim the reduced rate of duty from the Turkey-EU trade agreement? 1. Do your goods qualify as preferential origin? First, you need to ensure that the goods qualify as preferential Turkish origin under the agreement with the EU. Please note that there may be slight differences in the Rules of Origin for the UK and the EU. Second, when shipping your goods to the EU, you must provide the appropriate supporting evidence, which may also vary between countries. For example, the UK only requires an invoice declaration for goods from Turkey. However, a European Country would require an ATR Form so you would need to ask the exporter in Turkey to provide you with this document for your re-export. 2. What else do I need to provide for smooth import into the EU? You will need to instruct the customs agent/customer in the EU (in our scenario) that your goods were stored into a customs warehouse and therefore they should be able to claim preferential rates on this shipment. To do that, you’ll need to provide the agent with: Evidence the goods were in a Customs Warehouse (a copy of the import declaration and re-export declaration showing relevant CPC codes); The relevant preferential form. 3. What is the non-manipulation rule? The non-manipulation rule refers to the requirement that goods stored in a customs warehouse must remain unchanged and not undergo any processing or alteration that would change their condition or characteristic. This rule ensures that the goods retain their original status and preferential origin while in the warehouse. In most FTAs, the non-manipulation rule is deemed to have been met so not additional document or evidence is required. If the customs authority of the importing country has reason to suspect that those requirements have not been complied with, you might need to provide other evidence to demonstrate compliance with the rule such as a Certificate of Non-Manipulation certified by HMRC. How can we help? Our next Chambers Trade Academy Session on 10th July 2024 will focus on Customs Special Procedures including Customs Warehousing. Book your place here. Our team of International Trade & Customs Advisors are on hand to support you with your queries. Please email international@gmchamber.co.uk to arrange a catch-up with one of the team.