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US Liberation Day - 2nd April 2025 US Reciprocal Tariffs Announced As US Trade Policy continues to shift into protectionism mode, this page will be regularly updated to reflect key announcements made throughout the year. January & February 2025 Summary We have been reporting on a regular basis the announcements made by the Trump administration regarding new tariffs, and this is a summary of those introduced in February... 1. Tariffs on Canada and Mexico On February 1, 2025, President Trump signed executive orders imposing a 25% tariff  on all imports from Canada and Mexico, with a 10% tariff  specifically on Canadian energy resources, including oil, natural gas, and electricity. These tariffs were set to take effect on February 4, 2025. However, on February 3rd, after Canada and Mexico made their position clear, the Trump administration announced a 30-day suspension  of these tariffs as Canada and Mexico agreed to enhance efforts to curb illegal immigration and drug trafficking into the United States. The suspension expired on the 4th March and the tariff will be imposed unless significant progress is demonstrated. 2. Tariffs on China The same executive orders from 1st February imposed a 10% tariff  on all imports from China, effective from 4th February. This action aimed to address ongoing trade imbalances and concerns over China's trade practices. 3. Restoration of Section 232 Tariffs On 11th February, President Trump signed proclamations to restore a 25% tariff  on steel and elevate the tariff on aluminium to 25% , closing existing loopholes and exemptions. This move intends to protect America's critical steel and aluminium industries from unfair trade practices and global excess capacity. What is coming next? 25% Tariffs on imported automobiles are set to be also implemented although exact dates are yet to be announced. Early in January, President Trump announced plans to introduced tariffs as well on imports of computer chips, semiconductors and pharmaceuticals, which are seen as critical to national security and technological leadership, and aimed to encourage big manufacturers to bring production to the US. On 19th February, it was also announced fresh new tariffs to be applied in the next month or sooner on lumber and forest products , and initial thoughts are these may be about 25%. Whilst the UK has not been targeted by the initial tariffs, the Prime Minister, Keir Starmer, is due to visit the White House to engage in discussions to preserve the strong trade ties between the two nations. On the other hand, the EU is opposed to the US Tariffs and has warned of potential retaliatory measure. EU's position is that these tariffs can escalate to a trade war which will negatively impact global markets. Many experts warn these tariffs will end up impacting primarily the poorest and consumers both in the US and across the world. End of Feb and March 2025 According to Tradlinx.com , US Customs and Border Protection (CBP) issued a notice on the first week of March confirming critical details regarding tariffs exemptions, processing changes and trade policy modifications. Some of the key takeaways from this notice include: On 21st February, Trump signed a Memorandum targeting countries with the Digital Service Tax , including France, Austria, Italy, Spain, Turkey and the United Kingdom. This Memorandum calls for a review of these taxes and potential retaliatory measures, such as tariffs, to protect American companies from what Trump's Administration considers unfair and discriminatory practices. Selected Canadian energy products will be subject to 10% tariffs instead of 25% A general 25% tariff is to be applied to all other Canadian imports unless they qualified for an exemption De Minimis Exemption still applies for now for shipments valued under $800 from Canada and Mexico , although this is expected to phase out once necessary enforcement systems are in place. (This was still in place as of 21st March 2025). Businesses will no longer be able to duty drawbacks for tariffs paid on affected goods Foreign Trade Zones (FTZ) Rules Changes for when Mexican and Chinese goods admitted to US FTZs and must now be classified as 'privileged foreign status) meaning tariffs will apply even if goods are further processed within the FTZ. Enforcement of tariffs despite delay in notice - CBP begun enforcing tariffs prior to the Notice Schedule for the 6th March. Other Critical Announcements 12th March - US announced 25% tariffs for all steel and aluminium expands to the rest of the world, directly impacting UK products worth hundreds of millions of pounds. According to Sky News, while two rounds of tariffs on China have been enacted, 25% duties on some Canadian and most Mexican cross-border trade have been withdrawn until 2 April at the earliest. Sky News also reported that the Business Secretary Jonathan Reynolds had said that while he was disappointed, there would be no immediate retaliation by the UK government as negotiations continue over a wider trade deal with the US. However, the EU has reiterated they will impose counter-measures which intend to impact €26bn worth of US products starting on 1st April 2025. The duties will cover not just steel and aluminium products, but also textiles, home appliances and agricultural goods. Trump's tariff will impact inflation in the EU and likely the UK. 12th March - Expansion of tariffs for steel and aluminium derivatives products: The US Secretary of Commerce will establish by12 May 2025 a system whereby the US will continue to extend the list of steel and aluminium derivatives products subject to additional duties of up to 25%. 12th March - Canada is expected to announce further retaliatory tariffs 12th March which are expected to impact $29.8bn worth of US goods will come into force on 13th March. Canada, which is the largest supplier of steel and aluminium to the USA, announced it is applying 25% reciprocal tariffs on steel and aluminium products as well as additional goods such as tools, computers, servers, display monitors, sports equipment and cast-iron products taking effect on the 13th March. Check the full list of impacted goods here 12th March - EU's Countermeasures to US Steel and Aluminium tariffs: The EU has issued a notice confirming the EU is imposing counter tariffs to what is estimated €26bn worth of US Imported goods from 1st April 2025. The countermeasures will be introduced in two stages, first by the imposition of the suspended 2018 and 2020 EU rebalancing measures, followed by the imposition additional measures package by mid April. The EU has issued a detailed explainer on their countermeasures which can be viewed here and has also called for stakeholders' views . EU and Canada, in response to the steel and aluminium imports , have also announced potential tariffs applying to American whiskey imports as high as 50%. Trump's reaction to EU's countermeasures: As expected President Trump took to social media to respond to EU's countermeasures with additional levies saying the White house will impose reciprocal tariffs in whatever the US is being charged with from 2nd April, and these will be reflected on tariffs and non-tariffs measures imposed on the US. For Canada this reciprocal measure may likely include dairy products and lumber, whilst for the EU Trump announced import tariffs as high as 200% on wines. 13th March - Global Freight Rates plunged due to global market uncertainty: The Global trade newsletter announced in its latest edition (13th March) that "freight rates across major lanes have plummeted due to shifting trade policies, geopolitical tensions, and carrier adjustments. Analysts warn a continued volatility as supply chain disruptions persist. They also indicated that recent data shows significant declines, specially on the trans-Pacific routes, where rates have dropped by 40% yoy, a trend that has been driven by a combination of reduced demand after Lunar New Year, carrier alliance reshuffles, and the ongoing crisis in the Red Sea, which has forced vessels take longer and costlier routes. 20th March - EU postpones tariff response as it awaits for second wave of US duty increases: The EU Commissioner for Trade and Economic Security announced the first set of EU's tariffs in response to Trump's steel and aluminium duties being delayed from 1st to the 13th April. This move effectively merges the two-phase retaliation into one single measure. 25th March - Tariffs on Venezuelan Energy:  The US imposed a 25% tariff on imports from any country purchasing oil or gas from Venezuela, effective 2nd April. This move aims to pressure nations engaging with Venezuela's energy sector 26th March - President Donald Trump announced a 25% tariff on all imported cars and certain automotive parts, effective 3rd April. The tariffs target passenger vehicles, including sedans, SUVs, crossovers, minivans, and light trucks, as well as key components such as engines, transmissions, powertrain parts, and electrical components. These tariffs aims to bolster domestic manufacturing and are projected to generate approximately $100million in tax revenue. These announcement had led to significant declines in the stock prices of major automakers including General Motors, Ford, Stellantis, Toyota, BMW, and Volkswagen. Canada's Prime Minister condemned the tariffs and hinted at potential retaliatory measures. The EU did not welcome the news either but expressed intention to seek negotiated solutions. This latest measure is likely to lead to increased prices for vehicles impacting consumers and disrupting global supply chains. April 2025 2nd April - Liberation Day - President Donald Trump announced a comprehensive tariff strategy termed "Liberation Day," introducing a baseline 10% tariff on nearly all imported goods , with specific higher rates targeting certain countries. The key tariffs unveiled are as follows: European Union (EU): 20% tariff on imports Japan: 24% tariff on imports ​ China: 54% tariff on imports ​ Vietnam: 46% tariff on imports  Taiwan: 32% tariff on imports ​ South Korea: 25% tariff on imports ​ Israel: 17% tariff on imports ​ Cambodia: 49% tariff on imports Sri Lanka: 44% tariff on imports Indonesia: 32% tariff on imports Switzerland: 31% tariff on imports ​ South Africa: 30% tariff on imports ​ Pakistan: 29% tariff on imports ​ India: 26% tariff on imports  The full list of individualised tariffs can be found here Whilst the US Trump Administration has yet to release a detailed list of HS Codes impacted, we suspect many goods within manufacturing and machinery (which make the main bulk of the UK's exports to the US) will be affected. 4th April - UK draws a list of US goods which could be subject to tariffs and ask for input from UK traders. Have your say here 4th April - China Strikes back: According to Politico, China has announced that all US imports will be subject to a 34% import tariff and also raise the bar for exports to the US of critical raw materials such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium - these metals are used in magnets, nuclear technology, cancer research, oil drilling and other high tech sectors. China has also sue to US at the World Trade Organisation, describing US trade practices as a unilateral bullying mechanism, however they have also said they are open to negotiate and resolve these trade differences in an equal, respectful and mutually beneficial manner. The Chinese's government decision to delay the tariffs until the 10th April, one day before Chinese imports see an increase above the 54% level, is aimed at giving Trump's administration the chance to seek a temporary truce, however Washington has not shown any signs of having further negotiations. 7th April - Trump does not hold back either and threatens with higher tariffs: Trump pledged to impose an additional 50% levy on China, if they fail to withdraw their retaliatory tariffs, which could lead with China facing 104% tariff, according to The Times, and this will be expected to be effective from the 9th April. Further information & Resources: White House Notice re: Digital Service Tax White House - Adjusting Imports of Automobiles and automobile parts White House- Adjusting Imports of Aluminium into The United States White House- Adjusting Imports of Steel into The United States White House - Fact Sheet Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security U.S. Tariffs on China – Executive Order 14195 China Tariffs - US Harmonized Tariff Schedule U.S. Tariffs on Mexico – Executive Order 14194 U.S. Tariffs on Canada – Executive Order 14193 BBC's Trump's tariff trade war: A brief timeline Bloomberg - Tariff Tracking and impact on global trade ITC Trade Briefs on US Tariffs UK's long list of US goods which could face tariffs Domestic and Global Implications These aggressive trade measures have raised concerns about a potential global trade conflict. Industries such as fashion are grappling with the uncertainty of fluctuating tariffs and trade barriers, prompting companies to reassess supply chains and production strategies. The heightened costs may inadvertently boost counterfeit markets as consumers seek cheaper alternatives. Domestically, businesses express apprehension over the uncertainty caused by the tariffs and the prospect of higher prices, leading to significant sell-offs on Wall Street. Major indices have experienced substantial losses, reflecting investor anxiety over the escalating trade tensions. In summary, since late February 2025, President Trump's tariff policies have strained relations with key trading partners, introduced volatility in global markets, and posed challenges for industries reliant on international trade. Sources: White House, Reuters, AP News, CBP, Tradlinx, DOJO Consulting Group, BCC, Sky News, ABC News, Sam Lowe from Most Favoured Nation, Government of Canada, MSN, CT Insider, Global Trade Newsletter, The Guardian, The Wall Street Journal, El Pais, Bloomberg, Politico, The Times. Need help? DBT is asking companies for input to UK Tariffs following US Tariffs Announcement. Complete the survey here Need help assessing the impact of new tariffs? Get in touch with our team emailing us at international@gmchamber.co.uk Join us on the 24th April for a free virtual session where we will be discussing the Impact of these tariffs on UK Trade. Book your free slot below:

US Liberation Day, 2nd April 2025 So Liberation Day came at last and, as expected, it sent shockwaves across the globe, hitting hard stock markets, which according to Statista, had their worst day since 2020 last week. With the latest announcements, many experts are now saying ‘economic depression is no longer a possibility but a probability’. Trump’s 'Fair and Reciprocal Trade Tariff Plan’ introduced a base line tariff of 10% on all imports, with certain markets facing much higher rates effective from the 5th April. See below: So, what are the US Tariffs impacting UK Trade? 1. 20% Tariff on Industrial Goods from the EU. Effective from 9th April 2025 • This includes a broad range of manufactured and semi-finished goods. • Likely to affect UK exporters in machinery, electronics, chemicals and intermediate manufacturing components. • Whilst goods from Northern Ireland will be covered by the UK’s 10% tariff, if the EU decides to retaliate with higher tariffs for US goods and the UK does not, Northern Ireland, which is part of the EU’s customs territory for imports, will have to implement the EU rate. This would mean consumers in Northern Ireland paying more for US goods than customers in the rest of the UK. 2. 25% Tariff on Automotive Exports. Effective from 3rd April 2025. • Directly hits UK car manufacturers and suppliers of automotive parts. • Particularly impacts brands with US operations or exports like Jaguar Land Rover and Mini. 3. 10% Baseline Tariff on All Imports. Effective from 9th April 2025. • Even if not specifically targeted, all UK-origin goods now face a minimum 10% tariff unless exempt. • This raises general costs for UK food and drink, pharmaceuticals, textiles and luxury goods. 4. Tariff Exemptions • Key sectors exempt from the new tariffs include: o Products already under previous tariff regimes, eg steel (25%) and aluminium (10%). o Some energy products o Certain rare minerals not available domestically in the US What are the Key Aspects of the Fair and Reciprocal Tariff Plan? Country-Specific Tariffs: Tariffs are tailored to individual countries, reflecting the US administration's assessment of each nation's trade practices. For instance, the European Union faces a 20% tariff on industrial goods, including a 25% levy on automotive exports. Exemptions: Certain products are exempt from these new tariffs, notably those already subjected to previous tariff actions, such as steel, aluminium, vehicles and vehicle parts. Energy products and specific minerals unavailable domestically in the US are also excluded. Reciprocity Principle: The plan is predicated on achieving "fair and reciprocal" trade relations, targeting not only tariff disparities but also non-tariff barriers like subsidies and regulatory requirements imposed by trading partners. But what these new tariffs will effectively mean for UK traders? The introduction of these tariffs could lead to several scenarios affecting UK businesses: Direct Impact on Exports: The overall cost of exporting goods to the US will increase, potentially reducing competitiveness in the American market. Although in some cases it could become more competitive Indirect Effects via Supply Chains: UK companies integrated into supply chains that involve countries facing higher US tariffs may experience disruptions or increased costs, even if the UK itself is not directly targeted. So if you are importing goods from any of the impacted markets, unless these go under significant transformation in the UK, when exported to the US, you may not be able to claim UK origin and therefore will be hit with the tariffs imposed to those markets. Global Trade Tensions: The escalation of trade barriers could dampen global economic growth, affecting demand for UK exports worldwide. A snap poll carried out between 10 am Friday and 4pm on Saturday by the British Chambers of Commerce received over 600 responses, revealed the extent to which UK companies expect the US tariffs will impact them: 62% of UK firms with trade exposure to the USA say they will be negatively impacted by US tariffs, compared with 41% with no exposure   32% of firms with trade exposure to the USA say they will increase prices in response to the tariff   44% of firms with exposure to the USA say the UK should seek to negotiate a closer trade relationship with the USA, and 43% want closer trade with other markets   Just under a quarter (21%) think the UK should impose retaliatory tariffs   Sources: The Guardian, Politico, The Times, The British Chambers of Commerce Need guidance? If you are are UK business in need of guidance and support, please do not hesitate to contact us. For further information and guidance on how to mitigate the risk, we have created a guide for traders which is available to download in our Resources Section/ How to Guides here . Join us on 24th April in our Chambers Trade Academy Webinar/ bitesize lunch session as we invite policy experts and adviser to provide insights on the US tariffs and tips on how companies can mitigate risks and manage uncertainty. Lastly, help us understand the how businesses in Greater Manchester and beyond think these tariffs will impact their business. Answer this anonymous poll!

According to Global Health Intelligence, the Latin American pharmaceutical landscape is undergoing significant transformations, thanks to updates in regulatory reforms, a surge in generic drug availability, and an evolving role in the global supply chain. Regulatory Reforms In recent years, several Latin American countries have implemented measures to streamline pharmaceutical approvals, Global Health Intelligence gives the following examples: Brazil : On January 21, 2025, the Brazilian Health Regulatory Agency (ANVISA) introduced a resolution to simplify the approval process for biological products, including vaccines, radiopharmaceuticals, and generic drugs. Companies with at least one approved product in Brazil can now benefit from this expedited pathway. Argentina : In July 2024, Argentina enacted policies to facilitate the entry of generic drugs, relaxed restrictions on opening new pharmacies, and permitted the sale of over-the-counter medications outside traditional pharmacy settings. Mexico : Efforts have been directed toward promoting clinical research and enhancing access to generic and biosimilar medicines, aiming to benefit both local and international markets, including the United States. Additionally, Fitch Solutions, says there is plans for the establishment of the Latin American Medicines Agency which seeks to harmonize drug regulations across the region, and will draw parallels to the European Medicines Agency. This initiative aims to elevate regulatory standards and foster cross-border collaboration, benefiting domestic drug manufacturers and stimulating pharmaceutical market growth. Proliferation of Generic Drugs Global Health Intelligence also says that the easing of regulatory barriers has contributed to a notable increase in generic and biosimilar drugs: Between 2015 and 2019, generics accounted for approximately 45% of all pharmacy drug sales in Latin America. The biosimilars market, valued at $517 million in 2018, is projected to reach $3.9 billion by 2025, reflecting a compound annual growth rate of 33%. This trend underscores a regional shift toward more affordable medication options, driven by both regulatory support and market demand. Impact on the Global Supply Chain Global Health Intelligence also outlines how the burgeoning generic drug market is reshaping Latin America's role in the global pharmaceutical supply chain: The region hosts nearly 2,000 smaller pharmaceutical companies poised to produce and distribute generics and biosimilars locally and internationally. Initiatives in countries like Brazil and Colombia aim to bolster local production of generic drugs, enhancing self-sufficiency and reducing dependency on imports. These developments suggest that Latin America is emerging as a significant contributor to the global pharmaceutical industry, with the potential to influence drug availability and pricing worldwide. Strategic Implications for British Healthcare Companies For multinational pharmaceutical corporations, streamlined regulatory approval processes present opportunities for faster market entry. However, the influx of generics introduces competitive pressures, necessitating a focus on innovation and agility. Conversely, regional and smaller pharmaceutical firms stand to gain from reduced regulatory hurdles, enabling them to expand their market presence and contribute to a more diversified pharmaceutical landscape. In summary, Latin America's pharmaceutical sector is experiencing a dynamic evolution, marked by regulatory harmonization, increased generic drug production, and a more integrated role in the global supply chain. British companies are well positioned to take advantage of these transformation and by joining forces with local firms there is great opportunities for export growth. According to the International Trade Centre, it is forecasted that British companies could be exporting an additional $27bn worth of pharmaceutical products and about $14bn for medical devices across the world. Sources: Global Health Intelligence, Fitch Solutions, ITC/Export potential Need help developing your International Strategy? One of our expert associates can help you developing a robust exporting strategy and finding partners overseas. You can book a complimentary 121 by emailing us at international@gmchamber.co.uk

Peru and the Dominican Republic present significant opportunities for British companies interested in the agribusiness and food sectors. However, successfully entering these markets requires a clear understanding of key industry trends, distribution channels, and available government incentives. Key Trends in the Agribusiness and Food Sector Peru: The Peruvian agricultural sector grew by 4.9% in 2024, driven by a 6.8% increase in the agricultural subsector and a 1.8% rise in the livestock subsector. Key products such as mango and blueberry production saw exceptional growth, with mango output increasing by 43.3% and blueberries doubling their production in the same period. This growth has strengthened exports and contributed to national food security. ( rpp.pe , infobae.com ) Dominican Republic: According to the Ministry of Agriculture, the Dominican Republic has a food self-sufficiency rate of 88.4%, producing most of the food consumed in the country. There are approximately 319,676 agricultural production units, with 62.6% dedicated to crop cultivation. Current trends include sustainable environmental practices and a growing demand for organic and functional food products. ( mapa.gob.es ) Navigating Distribution Channels in Both Markets Peru: The Peruvian market operates through a network of wholesalers, retailers, and traditional markets. Foreign companies typically partner with local distributors who have established networks and market knowledge. Participating in trade fairs such as Expoalimentaria can be an effective strategy to establish connections and strategic alliances. ( expoalimentariaperu.com ) Dominican Republic: Food distribution in the Dominican Republic relies on supermarkets, retail stores, and local markets. Supply chain efficiency is essential, and companies are enhancing their processes through the adoption of tracking and traceability technologies. Additionally, workforce training and development are critical to adapting to new technologies and processes in the industry. Government Support and Trade Incentives Peru: The Peruvian government has implemented policies to promote exports and attract foreign investment. Financing programs, technical assistance, and favourable trade agreements facilitate market entry. Organisations such as PromPerú provide information and support for businesses interested in exporting to Peru. Dominican Republic: The Dominican government has introduced policies and programmes to strengthen the competitiveness of the industrial sector, including food production. The Industrial Competitiveness and Innovation Law (Law 392-07) and its amendment through Law 242-20 have been key instruments in promoting innovation, improving logistics, and stimulating exports in the industry. Key Trade Shows and Business Events in 2025 Companies looking to explore opportunities in Peru and the Dominican Republic can benefit from attending the following events in 2025: Expoalimentaria (Peru): September 24-26, 2025, in Lima . The most important food and beverage trade fair in Latin America, serving as a key platform for distributors, retailers, horeca, and specialized channels in both domestic and international markets. ( expoalimentariaperu.com ) Agroalimentaria 2025 (Dominican Republic): May 28-31, 2025, in Santo Domingo. The largest international business platform for the food, beverage, and tobacco industries in the Dominican Republic and the Caribbean, offering a strategic space to boost agribusiness exports in the region. ( agroalimentaria.com.do ) Ready to explore business opportunities in Peru or the Dominican Republic? Interested in these markets, email us at internationa@gmchamber.co.uk to request a personalised analysis from Valentina Escobar , one of our approved supplier's local experts, or book your slot at the link below:

Did you know the UK is the 2nd largest exporter of services in the world? As of 2023, the UK exported c.£470bn worth of services, of which 64% were services exported to rest of the world with the USA being our main exporting market accounting for 28% of that. The EU in the other hand makes up for 36% of the total UK’s exports. I n 2022, Greater Manchester exported a total of £13.3bn (excluding travel), making up 60% of the region’s total exports. The sectors driving exports were financial and insurance (38.57%), followed by other services (30.88%) and transport and storage (22.95%) - making for 92% of the total exports. Other services include a wide range - from research and development services, to legal, accounting, management consulting, advertising, architectural, engineering, scientific and other technical services to mention but a few. Considering Greater Manchester economy is highly service-led, there will be a plenty of companies in the region which may not think they are exporting or could be exporting. Expanding your service-based business internationally can be highly rewarding but requires careful planning. Below are key steps, considerations, and tips to help you succeed in selling services abroad. Key Considerations 1. Understand Your Target Market • Research cultural differences, consumer behaviour, and demand for your services. • Identify the ideal customer profile and their pain points. • Analyse competition in the local market • Connect with other successful exporters, learn from their experience. The Chamber and partners such as DBT, can connect you with Export Champions who are keen to support others to help them succeed. 2. Compliance and Legal Requirements • Understand tax regulations and business licensing requirements. • Consider local employment & immigration laws if hiring staff overseas or sending staff to deliver services overseas. • Protect your intellectual property (IP) by registering trademarks if necessary. • If your service requires you to also export equipment or tools, either on permanent or temporary basis, make sure you also are aware of the customs regulations for sending these abroad. For instance, if you are repairing a machine you sold and taking tools with you, then you may need an ATA Carnet for a temporary export. 3. Pricing Strategy • Consider exchange rates and local pricing from competition and expectations. • Account for additional costs like international taxes, transaction fees, and currency fluctuations. • Offer flexible pricing models that suit the local economy (eg subscriptions, hourly rates, or project-based fees). 4. Payment Processing • Banking readiness - Make sure you can provide overseas customers way to pay you in different currencies. (e.g. Bank account in USD or EUR) • Choose international-friendly payment gateways like PayPal, Stripe, or Wise. • Offer multiple payment methods, including credit cards and local digital wallets. • Be aware of foreign transaction fees and processing times. 5. Marketing & Branding •Localise your website and marketing materials to fit the language and culture. Greater Manchester Chamber can help you get connected to expert translators and marketing agencies to support your growth. • Use social media platforms popular in the target country if applicable (eg WeChat in China, WhatsApp in Latin America). • Build trust through testimonials and case studies from clients in that region. • Make sure you already have a strong USP in the local market which you can leverage in international markets. 6. Establishing Trust & Credibility • Obtain relevant certifications or accreditations recognised in the country. • Partner with local influencers, affiliates, or consultants. • Offer free trials or discounted initial services to build relationships. • Attend relevant trade shows and/or exhibitions which aligned with your service • Ensure you visit your local partners regularly and maintain regular communication 7. Logistics & Customer Support • Set up a local contact point, such as a virtual office or local representative, who is well connected and understand local regulatory frameworks applicable to your service(s) • Provide multilingual customer support. • Ensure compliance with data protection laws (eg GDPR for Europe). Top Tips for Success Start Small & Scale Gradually – Test the market with a few clients before a full-scale expansion. Leverage Local Networks – Join business groups, chambers of commerce , and online communities. Greater Manchester Chamber can connect you with regional and bilateral chambers across the world! Use Freelancers & Contractors – If hiring full-time staff is costly, consider local freelancers. Invest in SEO & Digital Advertising – Optimise for local search engines and use targeted ads. Monitor Performance – Track key metrics and be flexible to adapt your strategy. By following these steps, you can successfully sell your services overseas while minimizing risks and maximising growth. Ready to start your global journey? Greater Manchester Chamber of Commerce works closely with different stakeholders in the region and together we ensure you access support in every stage of your internationalisation journey. Simply get in touch at international@gmchamber.co.uk .

Saudi Arabia is undergoing a massive transformation under its Vision 2030 plan, presenting significant infrastructure opportunities for British companies in 2025 and beyond. With the kingdom investing hundreds of billions of dollars into mega-projects, transport, energy, and smart cities, UK firms have a unique chance to play a key role in this rapid development. Key Opportunities for British Companies 1. NEOM and Smart Cities 🏙️ Saudi Arabia’s flagship NEOM project, a $500 billion futuristic city, is a major attraction for British expertise in construction, architecture, and sustainable urban development. UK firms specialising in smart infrastructure, AI, and green energy can contribute to NEOM’s innovative approach. 2. Transport & Rail Networks 🚆 The Saudi government is expanding its rail and metro networks, including the Riyadh Metro and high-speed rail projects. British engineering and consultancy firms with experience in large-scale transportation infrastructure are well-positioned to secure contracts. 3. Energy & Renewables ☀️ Saudi Arabia is investing heavily in renewable energy, aiming for 50% clean energy by 2030. British firms in solar, wind, and hydrogen technology can collaborate with Saudi partners to develop sustainable energy solutions. 4. Water & Waste Management 💧 With water scarcity a growing concern, Saudi Arabia is investing in desalination plants and waste recycling. UK companies with expertise in water conservation and environmental technology can support these initiatives. Why British Firms Should Act Now The UK and Saudi Arabia have a strong bilateral trade relationship and, with Saudi Arabia’s growing focus on foreign partnerships, now is the time for British businesses to establish a presence. Government incentives reduced regulatory barriers and demand for world-class expertise make the Saudi market a lucrative opportunity for UK infrastructure firms. By aligning with Vision 2030, British companies can secure long-term contracts and play a key role in Saudi Arabia’s ambitious development goals. Interested in Learning More and Getting Involved? Join us next month (20th May) as we host an insightful market event with partners Consultics and provide an overview of some of these opportunities and how we can help you connect with those. Book your free slot on hte link below!

As UK companies seek to diversify their supply chains and expand their global exporting footprint, Africa presents a wealth of opportunities across key sectors. The continent’s rapid economic growth, urbanisation, and increasing consumer demand creates a favourable landscape for exports, outsourcing and investment. Renewable Energy : Africa’s drive towards sustainable energy solutions aligns with the UK’s expertise in renewable energy technology. Countries such as South Africa, Kenya and Egypt are investing heavily in solar, wind and hydroelectric power. UK companies can export solar panels, wind turbines and grid infrastructure while providing consultancy services in green energy projects. Agribusiness and Food Processing: With vast arable land and a growing need for modern agricultural techniques, Africa offers UK agribusinesses an opportunity to export machinery, fertilisers and irrigation technologies. Furthermore, food processing presents a significant opportunity, with UK firms able to set up local processing facilities to add value to raw agricultural products. Healthcare and Pharmaceuticals: Africa’s healthcare sector is expanding rapidly, with a rising demand for quality medical equipment, pharmaceuticals and telemedicine services. UK companies can export medical devices, supply pharmaceuticals and collaborate with local firms to establish manufacturing hubs, reducing reliance on imports and enhancing healthcare accessibility. Technology and Digital Services: With the continent’s booming digital economy, UK companies can tap into Africa’s growing demand for IT infrastructure, fintech solutions, and cybersecurity services. Nigeria, Kenya, and South Africa are leading in digital adoption, offering UK firms a chance to export software, cloud solutions and e-commerce platforms. Infrastructure and Construction: The need for modern infrastructure across Africa creates lucrative opportunities for UK firms specialising in construction materials, smart city solutions and project financing. The UK’s expertise in engineering and architecture can support Africa’s urbanisation and transport network expansion. By leveraging these opportunities, UK companies can not only expand their export markets but also build resilience and diversified supply chains within Africa’s dynamic economies. Interested in this high growth region? Join us at our next Market Event: Africa Rising - Trade and Investment Opportunities on 29th April at the Chamber. This event is free and open to members and non-members. Book your free place on the link below!

With the EU’s Green Deal regulations  and the UK’s evolving sustainability laws, compliance has become more complex for businesses trading across borders and more so for SMEs. To help UK traders navigate these challenges, we are launching new set of Sustainability Compliance Services  tailored to support adherence to key regulatory frameworks. Our expert in-house team works closely with a network of expert associates to offer you from bespoke hourly support to full compliance and tailored training & consultancy packages designed to help you navigate the complexities of this ever changing regulatory landscape. The below offer a list of what we can help you, although this is not exclusive: EU’s Carbon Border Adjustment Mechanism (CBAM)  – Ensuring proper carbon reporting for goods entering the EU. EU's General Product Safety Regulation (EU's GPSR) - Ensures all products sold into the EU and Northern Ireland are safe for EU users EU's Deforestation Regulation (EU DR)  – Helping businesses verify and document deforestation-free supply chains. EU's Greenwashing Regulations  – Assisting in substantiating environmental claims to avoid misleading marketing penalties. EU’s Eco-design for Sustainable Products Regulation  – Providing guidance on product sustainability standards and digital product passports. EU's Corporate Sustainability Reporting (CSRD) - F ormally adopted by the European Council on 28 November 2022 – is transforming ESG reporting. Requires mandatory sustainability reporting, including non-EU companies which have subsidiaries operating within the EU or are listed on EU regulated markets. UK’s Extended Producer Responsibility (EPR)  – Supporting businesses in meeting new waste management and recycling obligations. UK's CBAM: Whilst this regulation does not come into effect until 2027, UK traders must note this won't have a transition period, and thus preparing now is critical for business operating within the sectors scope of this regulation. Other Emerging UK & EU Compliance Requirements  – Offering up-to-date advisory services to keep traders ahead of regulatory changes. How Our Compliance Services Help UK Traders Regulatory Audits & Risk Assessments  – Identifying potential compliance gaps and providing actionable solutions. Understanding Data Management  – Helping you understand what UK Traders need to document and report for CBAM, EPR, and just general sustainability reporting. Supply Chain Due Diligence Support  – Ensuring traceability and ethical sourcing in line with EU & UK requirements. Eco-Labeling & Marketing Compliance  – Helping businesses avoid greenwashing claims and secure eco-certifications. Ongoing Compliance Monitoring  – Providing real-time updates and proactive regulatory guidance. Future-Proof Your Business By leveraging our Compliance Services , UK traders can mitigate risks, enhance market access, and align with the latest sustainability standards. Stay ahead of regulatory shifts and ensure seamless trade with the EU and UK markets. For more information on how we can help, contact us today.

North Rhine-Westphalia (NRW) is pulsating – geographically, culturally, economically – and can offer your company the best opportunities for success with a new business location in the European market. The federal state is Germany's economic engine and an international hub in the centre of Europe – in short, Europe's heartbeat. It owes this status to its high population density and its exceptional economic performance – NRW has the highest gross domestic product of all German states and accounts for one-fifth of Germany's total GDP. NRW offers everything you need: talent, sales and procurement markets, cutting-edge research, networks, infrastructure – and a great place for you and your teams to live. It is people that shape the markets: 46 million people live within 200 kilometres of the state capital of NRW, Düsseldorf – more than in any other European region. For your company, this is the most attractive sales, work and innovation area you could wish for. 9.8 million people employed in the state are curious about your company. That's more than in the Netherlands and twice as many as in Belgium. Working towards a sustainable future Germany's strongest economic powerhouse is heading towards climate neutrality. In NRW, you will become part of the first carbon-neutral industrial region in Europe by 2045. Take advantage of the change and drive forward renewable energies, smart manufacturing, and e-mobility. Major goals like these cannot be achieved without highly qualified people: select your teams from around 710,000 students in NRW and more than 111,000 graduates each year. The scientific landscape is also the hotbed for numerous innovations. Europe's densest research network operates in the immediate vicinity of your NRW presence: some 70 universities, 14 clusters of excellence, 60 technology and incubator centres, and 50 non-university research institutions are ready and willing to work with you to develop the products and processes of tomorrow. Institutions such as Jülich Forschungszentrum, the German Aerospace Center (DLR), and numerous Max Planck and Fraunhofer Institutes are waiting to meet your needs for climate protection, traffic flow, or cybersecurity on an entirely new level. In addition, NRW is one of the top locations for startups throughout Europe. Around 20 percent of all German startups are located here. Their innovative business models are driving the transformation of the economy, for example with solutions for the energy revolution and the transition to climate-neutral industry. Benefiting from a vibrant startup ecosystem with digital hubs, numerous accelerator programs, matchmaking, and communities. UK and NRW: a vibrant partnership The UK and NRW have a very special relationship: it was the British government that created the state of North Rhine-Westphalia from two Prussian provinces under the name "Operation Marriage" in 1946. Since then, a friendship und deep economic relations have developed, which have proven to be solid even after Brexit. With a trading volume of 18.9 billion euros in 2023, the UK is a very close economic partner for NRW. This also holds true for British companies in Germany. More than 1,600 companies from the UK are based here securing about 200,000 jobs – including BP, DRPG Group, Dyson, Farrat Isolevel, GKN, INEOS, JCB, Lush, Rentokil Initial, and Vodafone. NRW.Global Business accompanies your settlement process The step into a foreign market must be well prepared – ideally with experienced partners. NRW.Global Business, the state-owned trade and investment agency, is by your side when it comes to investment projects and setting up operation in NRW. Our experts accompany from the first step to a successful settlement and beyond – ensuring a good start in NRW. Get in touch with our office in London for individual services, e.g. with information on markets or locations as well as practical support for concrete settlements and expansions. Author: David Schneider, Representative, NRW.Global Business United Kingdom / London Trade & Investment Agency of the German State of North Rhine-Westphalia (NRW) d.schneider@nrwglobalbusiness.uk – www.nrwglobalbusiness.com Interested in learning more how NWR can be your getaway to grow your business in Germany and beyond? NWR. Global Business has partnered up with the Greater Manchester Chamber of Commerce to host a market event next 21st May in Manchester. Hear from market experts and companies who have successfully scale up in the region. Book your free slot on the link below:

All things “Nordic” have become globally popular, whether it is minimalistic design, simple comfort, or down-to-earth lifestyle. However, the Nordic countries Sweden, Finland, Denmark, Norway, and Iceland also deserve more attention from the business world. While Nordic countries may look small by population, they are home to a large number of multi-billion euro businesses in various industries. Precisely due to their small local population bases, Nordic companies have always needed to be export-oriented in order to grow. Indeed, a large number of them have succeeded with this, not only the household name ones. This is important for any company, which is producing manufacturing technology, advanced components, or materials. A small population base also means that Nordic companies have few domestic suppliers to choose from and are thus very open to international sourcing. Starting from the most obvious, the Swedish IKEA is the leading furniture and home goods brand in the whole world. T he Finland-headquartered Nokia and Swedish Ericsson are still major actors in the communications equipment industry. In pharmaceuticals, Sweden-headquartered Astra Zeneca and Danish Novo Nordisk belong to some of the largest and most innovative companies in the world. Those who work in any hospital are probably using some equipment made by the Swedish Getinge. Denmark, as a major international food producer , has also a large number of food machinery manufacturers, which are global leaders in their niches. Norway, thanks to its hydrocarbons riches, has a strong oil and offshore machinery and equipment industry. Sweden has a large automotive industry, with Volvo and Scania being the most famous brands. SAAB no longer makes cars, but remains a globally significant defence system supplier. In the same industry, BAE has also major operations in the country. Sweden and Finland are also major bases for the global engineering giant ABB. Thus, selling production technology, components, and materials to Nordic companies means that one is selling to the whole world. Author: Kari Mäkeläinen, Senior Consultant, Columdae Interested in a free 1-2-1 Exploratory session with Kari? Book on the link below a slot. This is free for members and non-members!

Air travel is Canada's most important form of public transport, due to the country's vast distances. However, the country's commercial aviation sector has a duopolistic structure, with Air Canada and WestJet dominating the market, resulting in relatively high fares, compared to those in the US. While there are low cost carriers too, they find it difficult to compete with price, to a great part due to high service fees charged by Canadian airports. Consequently, several Canadian low cost airline companies have gone bankrupt in recent years, thus further strengthening the position and pricing power of Air Canada and WestJet. This has resulted in widespread consumer resentment. Furthermore, high transport costs are an impediment to economic growth and dynamism in the country. The main way to address this issue would be to reduce airport fees in Canada. Canadian airport operators are all public sector bodies, and their fees are thus subject to political decision-making. However, any reduction in fees must be also matched with cost reductions. In turn, this creates a pressure on airport operators to increase cost efficiency. One area where there is much space for improvement, in terms of quality as well, is baggage handling service. Major Canadian air hubs have a somewhat poor reputation for this. Robotized luggage handling systems, for instance, would both reduce costs and improve service reliability. The focus airports for selling these new cost saving and quality improving systems would be Canada's main air hubs Toronto, Montreal, and Vancouver, with significant opportunities with the main provincial ones at Edmonton, Calgary, and Winnipeg as well. These provincial airports are in fact expecting the greatest traffic growth potential in the near future, as those provinces are currently the most attractive for immigration and are not very well served by direct international flights. Author: Kari Mäkeläinen, Senior Consultant, Columdae, GMCC Approved Suppliers Interested in exploring this opportunity? Book a 1-2-1 complimentary session with Kari on this link!.

Colombia and Mexico are emerging as key players in Latin America’s digital economy, with significant advancements in fintech and e-commerce creating new opportunities for international businesses. Emerging Opportunities in Fintech and E-commerce Both countries are experiencing remarkable growth in fintech adoption Colombia ranks third in Latin America for the number of fintech companies, with over 320 active startups as of 2024. The government’s commitment to financial inclusion has boosted digital payment platforms and neobanks. (Source: Finnovista) Mexico is Latin America’s second-largest fintech hub, with over 650 fintech companies. The 2018 Fintech Law continues to attract investors, promoting innovation in digital lending, payments, and blockchain solutions. (Source: Statista) E-commerce in both markets has also surged: Mexico’s e-commerce market reached $38 billion in 2023 and is projected to grow 12% annually until 2025. (Source: eMarketer) Colombia’s e-commerce revenue surpassed $12 billion in 2023, driven by increased internet access and smartphone usage. (Source: Cámara Colombiana de Comercio Electrónico) Expanding Trade Networks Both countries are enhancing their trade networks to strengthen global ties: Mexico, through the USMCA and trade agreements with Europe and Asia, has diversified its export destinations beyond the United States. (Source: World Bank) Colombia is focusing on trade diversification via the Pacific Alliance and new bilateral agreements, aiming to boost exports in digital services and non-traditional sectors. (Source: ProColombia) Key Events and Trade Shows in 2025 Businesses exploring opportunities in Colombia and Mexico can benefit from attending these major events in 2025: eShow Mexico (March 2025) – Focused on e-commerce and digital marketing solutions. (Source: eShow Mexico) Colombia 4.0 (September 2025) – Latin America's largest digital industries event covering fintech, animation, and tech innovation. (Source: Colombia 4.0) FINNOSUMMIT Mexico (October 2025) – Premier fintech conference in Latin America, fostering connections between startups and investors. (Source: Finnosummit) Ready to explore business opportunities in Colombia or Mexico? Contact our International Trade team at international@gmchamber.co.uk to get a free 30-minutes call with our partner in South America, or book a slot on the below link.

How This Popular Trade Regime Is Setting You Up for Disaster In the ever-shifting world of international trade, navigating customs procedures can often feel like you are trying to outwit a bureaucratic maze that has no end. Many have found shipping into Europe exactly that. There's one particular shortcut that has caught the eye of many UK businesses looking to sidestep these hurdles when shipping into Europe: Customs Procedure 42 (CPC 42) or the commonly referred to Regime 42. Originally designed to streamline the importation process and help companies free up cash flow, Regime 42 offers businesses a way to import goods into the European Union (EU) without paying import VAT. Sounds like a sweet deal, right? The catch, however, is that the more you know about this regime, the more you realise it’s not all smooth sailing. Why Does Regime 42 Exist? Regime 42 was introduced in the early 2000’s original as a stimulus to incentivise foreign businesses to begin selling their goods in the EU. It was also part of a larger framework to simplify VAT accounting for businesses importing goods. For the uninitiated, VAT is a hefty upfront cost when importing goods—especially for UK exporters who never accounted for this pre-Brexit. The Trade Shortcut That Took Off Since the onset of Brexit, it didn’t take long for UK businesses to see the appeal of Regime 42. With France being the gateway for many UK exports to the EU, it’s no wonder that Regime 42 and France became a go-to mechanism for many. The proximity of key ports like Calais and Le Havre, combined with frequent UK-EU transport routes, made it an attractive proposition for companies trying to avoid tying up cash flow in VAT. The idea was simple: Import goods into France, immediately transport them to another EU state (Germany, for example), and instead of paying import VAT upfront, you defer it to the country where the goods will be consumed. Cash flow? No problem. But the reality is much more complicated. But here’s the catch—the reality behind the convenience is a little messier than it first appears. The Pitfalls: Why Regime 42 Might Not Be the Answer 1. A Red Tape Jungle French customs authorities are no strangers to scrutiny, and since Brexit, they have ramped up inspections and audits on shipments using Regime 42. The risk of retroactive VAT charges and hefty fines for improper declarations is real. If you cannot prove that the goods are leaving France and heading to their final destination within the EU, the French tax office could very well demand VAT payments—potentially crippling your cash flow and even jeopardising your business. 2. Compliance Risks as Importer of Record (IOR) Under Regime 42, shipments must still be cleared with the UK-registered business set up as the Importer of Record (IOR). The issue arises when a third party’s EU VAT number is used for VAT postponement, as the IOR is meant to be linked to the local EU VAT number. Tax authorities hold the IOR responsible for VAT payments. If there are compliance issues, improper documentation, or incorrect customs declarations, the tax office will come knocking—on the UK-based IOR’s door—demanding a VAT payment. This could cause serious financial strain due to an improperly structured EU setup. 3. The VAT Number Problem Using Regime 42 requires a valid VAT number from the final destination country. But here’s the kicker: if you do not get the VAT number right, or if there is any discrepancy in the documentation (such as missing transport proof or an incorrect VAT declaration), the customs declaration could be rejected. In that case, you could end up paying VAT upfront in France anyway—a financial nightmare waiting to happen. 4. Extra Representation Costs If your business is not VAT-registered in France, you will need a representative—an agent who handles VAT compliance on your behalf. This may sound straightforward, but not every agent is willing to handle Regime 42, especially for non-EU businesses. The ones who do often charge hefty fees or require financial guarantees upfront. Not only does this add complexity, but it also increases costs, making the entire process less attractive. 5. Double VAT Risk Here’s where things get really complicated. If the declaration process is not executed perfectly, you could end up paying VAT twice: once in France and again in the final destination country. That’s right—double VAT. A costly mistake that most businesses do not anticipate and one that can quickly erode profit margins. Light At The End of The Tunnel: What Alternatives Are Out There 1. Import Through Your Own VAT-Registered Entity in the EU Instead of relying on Regime 42, UK businesses can register for VAT in an EU country (e.g., France or the Netherlands) and import goods under their own VAT number while remaining the Importer of record. This ensures complete compliance and allows businesses largely mitigating the risk of unexpected VAT liabilities. 2. Use a VAT Deferment Scheme Several EU countries, including France, Belgium, and the Netherlands, offer Postponed VAT Accounting equivalents, allowing importers to defer import VAT payment and account for it on their VAT return instead of paying it. 3. No foreign entity or presence is needed The large kicker – The UK registered business will not have to have an EU entity or physical presence in Europe and this can all be run with a foreign setup, all linked to their UK registered business, while remaining fully within the UK. The Bottom Line: A Smarter, Safer Approach to EU Imports While Regime 42 might seem like an attractive shortcut, the compliance risks, administrative headaches, and potential double VAT liabilities make it a dangerous gamble. Instead, UK exporters should consider more stable alternatives such as VAT registration in the EU as well as fiscal representation in VAT-friendly EU countries like the Netherlands. By choosing a compliant route, businesses can avoid financial surprises and ensure smooth trade operations across the EU. If you’re looking for more stable, less risky options, let’s chat. Because, in the world of trade, it’s always better to play it safe than gamble with your bottom line. Author: GMCC Approved Supplier VAT IT/STREAM Interested in booking a 121 with our Approved suppliers? Simply book a complimentary 1-2-1 with our VAT expert on hte link below!

The European Union (EU) is introducing the Digital Product Passport (DPP)  as part of its Circular Economy Action Plan  and Ecodesign for Sustainable Products Regulation . This initiative aims to enhance product transparency, traceability, and sustainability by requiring detailed digital records for goods sold in the EU. For UK traders, this presents both challenges and opportunities when accessing the EU market. So, what is the Digital Product Passport? The DPP  is a standardized digital record containing essential data about a product’s origin, composition, environmental footprint, and recyclability. The passport is expected to apply to various industries, including electronics, textiles, batteries, and construction materials, with the goal of improving supply chain efficiency , reducing waste, and combating greenwashing . How Will It Affect UK Traders? Compliance Requirements  – UK businesses exporting to the EU must ensure their products meet the DPP criteria . This means adopting new data-sharing systems and aligning with EU sustainability regulations. Increased Costs and Administrative Burden  – Implementing DPP-compatible tracking systems and updating supply chain processes may require investments in digital infrastructure and compliance expertise . Market Access and Competitiveness  – Companies that comply with DPP standards will enjoy smoother access to the EU market. Non-compliant businesses may face barriers, including potential trade restrictions or fines . Opportunities for Innovation  – The push for transparency and sustainability can drive UK businesses to adopt greener practices , develop eco-friendly products , and enhance brand reputation  among environmentally conscious consumers. What Should UK Traders Do? Monitor EU Regulations  to stay updated on specific DPP requirements for their sector. Invest in digital systems  to track product data efficiently. Collaborate with suppliers  to ensure end-to-end compliance. Adopt circular economy principles  to future-proof their businesses. Although the Digital Product Passport  presents compliance challenges, it also offers UK businesses the chance to align with evolving sustainability trends and strengthen their foothold in the EU market. Sources: EU's Ecodesign for Sustainable Products regulation Need further support? The Chamber and its network of expert associates are at hand to provide bespoke advice, consultancy and training packages to your business. We can deliver in-house or remote, and we tailor it to meet your needs. Keeping traders up to date with regulatory landscape and helping them with compliance is what we do. So book a 121 complimentary session with one of our advisers today here

As the EU continues to enforce its wide range of EU's Green Deal regulations, it is imperative UK Traders monitor and understand how these new myriad of regulations will impact their export/import operations. The European Union (EU) is intensifying its crackdown on greenwashing —the misleading practice of exaggerating or falsely claiming environmental benefits. As part of its Green Claims Directive  and Corporate Sustainability Reporting Directive (CSRD) , the EU now requires businesses to provide scientific evidence  and third-party verification  for sustainability claims. For UK traders exporting to the EU, this means stricter compliance measures and enhanced transparency. What Are the EU’s Greenwashing Regulations? The EU aims to eliminate deceptive marketing  by enforcing: Clear sustainability claims  backed by verifiable data. Third-party certification  for eco-labels and green statements. Bans on vague terms  such as “environmentally friendly” or “climate neutral” without substantiated proof. Stronger penalties  for companies found guilty of misleading claims. How Will This Impact UK Traders? Compliance with Evidence-Based Reporting  – UK businesses must ensure all environmental claims are scientifically verified , using lifecycle assessments or independent audits. Stricter Labeling and Marketing  – Any product sold in the EU must follow new transparency rules , requiring firms to update packaging, advertisements, and promotional materials. Potential Fines and Market Barriers  – Failure to comply could result in financial penalties , restrictions on selling goods, or reputational damage. Opportunities for Sustainable Branding  – UK companies that align with EU green standards can differentiate themselves and appeal to eco-conscious consumers . What Should UK Traders Do? Review Sustainability Claims  to ensure they meet EU standards. Obtain Certifications  from accredited environmental bodies. Enhance Supply Chain Transparency  by tracking product materials and carbon footprints. Stay Updated on EU Regulations  to avoid non-compliance risks by subscribing to our newsletter and/or tapping into the Chamber's new range of training and consultancy support . Adapting to the EU’s anti-greenwashing measures  may require UK business to investment in data tracking and verification, as well as tap into specialised support. However, these new regulations also presents UK traders with an opportunity to become more innovative, build consumer trust and strengthen their market presence in Europe. Source: EU's Greenwashing directive Would like to book a complimentary 30-min chat with one of our advisers? As a Chamber, our goal is to keep traders up to date with regulatory landscape and helping them with compliance. So book now a complimentary 1-2-1 session with one of our advisers today here

The UK is a global trading powerhouse, importing goods worth a total of £581.3B in 2023. Importing does not only benefit individual businesses but is a cornerstone of economic growth. As of 2023, the Northwest region imported a total of £45bn and was home to over 25,000 importers, with 63% importing from the EU and the remainder from the rest of the world.    Imports can diversify product offerings and encourage innovation, as well as optimise your supply chain and mitigate risks by accessing a wider range of suppliers. Moreover, importing goods from countries with higher production efficiency can often be more environmentally friendly than solely relying on local sources, despite transportation costs.    However, failing to complete import documentation correctly can lead to significant delays, hefty fines, and even the seizure of goods, which can tie up your capital, disrupt your supply chain and have a devastating impact on your bottom line and reputation. Constantly changing regulations may also mean that your business is not reaping the benefits of FTAs.     GM Chamber is actively committed to support businesses as they venture on their global trade journey.  Our  Accredited Training Course on Import Customs Procedures gives you skills and knowledge to handle your customs documentation with ease. Gain insights into duty and VAT suspension schemes that could benefit your business, as well as the latest regulations to ensure your business remains compliant and ahead of the curve.  Book on our next course: Or check coming ones here   Source: Office of National Statistics

EU unveils 16th sanction package against Russia on the 3rd anniversary of Russia's invasion to Ukraine On February 24, 2025 revealed this new comprehensive set of measures aims to intensify economic pressure on Moscow, targeting various sectors to undermine Russia's capacity to sustain its military operations in Ukraine. Key Components of the 16th Sanctions Package: Targeting the "Shadow Fleet": The EU has sanctioned 73 vessels identified as part of Russia's "shadow fleet," which has been instrumental in circumventing existing sanctions by clandestinely transporting Russian oil and commodities. This move seeks to disrupt these covert operations and enhance the enforcement of international trade restrictions. Ban on Primary Aluminium Imports: A significant element of the new sanctions is the prohibition of importing Russian primary aluminium into the EU. This action is expected to impact Russian aluminium producers adversely and compels EU industries to seek alternative sources for this critical raw material. Expansion of Individual and Entity Sanctions: The EU has added 48 individuals and 35 entities to its sanctions list. These additions encompass persons and organizations accused of undermining Ukraine's sovereignty, including those involved in military operations, propaganda dissemination, and economic activities supporting the Russian government. Restrictions on Technology and Goods: The sanctions introduce bans on the sale of specific goods to Russia, notably gaming consoles, which have been repurposed for military applications, such as drone control. This measure aims to curtail Russia's access to technologies that could enhance its military capabilities. Financial Sector Sanctions: The package includes measures targeting Russian banks and financial institutions, further isolating them from the international financial system. By restricting Russia's financial transactions, the EU aims to constrain the country's ability to finance its military activities. Combating Sanctions Evasion: Recognizing attempts by Russia to bypass previous sanctions, the EU has implemented stricter controls and monitoring mechanisms. This includes penalizing entities in third countries that facilitate sanctions evasion, thereby reinforcing the overall effectiveness of the sanctions regime. The adoption of this 16th sanctions package underscores the EU's unwavering commitment to supporting Ukraine and holding Russia accountable for its actions. By targeting critical sectors and enhancing enforcement measures, the EU aims to deplete Russia's resources and deter further aggression, while signalling to the international community the importance of upholding international law and sovereignty. UK also introduces new sanctions package coinciding with EU's announcement This makes it the largest escalation since the initial measures introduced in 2022, and showcases the continued commitment from the UK in supporting Ukraine and force Russia to cease military aggression. The package from the UK includes: Expanded Travel Bans and Asset Freezes: The UK government has imposed travel bans and asset freezes on over 100 individuals and entities with significant ties to the Kremlin. This includes senior politicians, business figures, and oligarchs who have provided substantial support to the Russian state or have benefited from their association with it. The objective is to curtail the influence of those who have bolstered President Vladimir Putin's war efforts while enjoying the privileges of access to Western resources. Targeting Russia's Military Supply Chains: The sanctions extend to companies worldwide that supply components used by the Russian military. By disrupting these supply chains, the UK aims to weaken Russia's military capabilities and hinder its ongoing operations in Ukraine. Banning Entry to Kremlin-Linked Elites: Individuals offering substantial support to the Russian state or deriving wealth from their connections to it are now prohibited from entering the UK. This measure seeks to prevent those who have facilitated or profited from the Kremlin's actions from accessing the UK as a haven or base for their activities. These measures reflect the UK's strategic approach to intensify economic and political pressure on Russia, compelling it to reconsider its aggressive policies towards Ukraine. By targeting key individuals, entities, and supply chains, the UK aims to disrupt the resources and networks that sustain Russia's military operations. Sources: Windward , Reuters 1, , European Council , Ukrinform , Pravda , Euromaidan Press , GOV.UK , The Times , Reuters 2

Recent research from the BCC showed: 41% of UK exporters  say Brexit hasn’t helped sales . 46% want easier staff mobility  in the EU. Customs procedures, documentation, and regulations  are top trade barriers. The BCC recently met with EU ambassadors to push for a trade reset benefiting businesses on both sides, specially emphasising on the simplification of trade customs processes under the current EU-UK TCA, which has only but added red tape and additional costs to firms, as well as limiting service access. The BCC latest analysis on the TCA, 4 yrs on, has also found: More than a third (37%) want a reduction in VAT requirements to export to the EU.  And a quarter ( 25%) want the UK to align with rules and regulations with the EU in key goods sectors.   Companies also said that some of the biggest barriers to trade with the EU are: Customs procedures and documentation (45%) Export documentation (39%) Regulations and Standards (35%); and Tariffs (33%). After meeting with the Ambassadors, Trade Policy Head at the British Chambers of Commerce, William Bain, said:   “The shockwaves from last week’s US announcements on tariffs are still reverberating around the world, and both the UK and EU need to decide on their next steps.  “Making trade between the UK and the EU easier, for businesses on both sides of the English Channel, is one option that can have an immediate impact.  “If we reduce red-tape and simplify other processes that have added to costs for business then we all benefit.  “The EU Leaders’ Summit with the Prime Minister won’t take place until May 19, and clearly a lot will happen in the next few months, but it was encouraging to see EU ambassadors being receptive to our suggestions.”   The BCC makes 26 recommendations on their TCA Four Years On Report which focus on improving the current UK-EU trade relationship, including: Negotiate a deal with the EU which either eliminates or reduces the complexity of exporting food for SMEs.   Produce a balanced Youth Mobility scheme between the UK and EU, covering school visits and exchanges, and a time-limited ability to work for young people.   Rejoin the Pan-Euro-Mediterranean (PEM) convention to align rules on raw material and components that can be used in exports without incurring tariffs.     Establish a supplementary deal, like Norway’s, that exempts smaller firms from the requirement to have a fiscal representative for VAT in the EU.       Make a deal to allow UK firms to travel and work for longer in Europe and vice versa, and provide mutual recognition of professional qualifications.     Link the Emissions Trading Schemes of the UK and EU to avoid charges on carbon embedded in exports in both directions.  Susana Córdoba, Head of International Trade at Greater Manchester Chamber, said 'the  British Chambers of Commerce 's Trade Manifesto offers an accolade of recommendations which should help boost export growth in the UK.  In Greater Manchester, we believe export support should go beyond trade promotion and overseas missions. Businesses, especially SMEs, need access to flexible funding schemes that enable specialised customs support. This is crucial in helping them navigate the complex and ever-changing UK and international regulations, which too often deter businesses from exporting. The Trade Manifesto highlights key regulations like CBAM, but many more are emerging as governments worldwide adopt sustainable practices to drive economic growth. Keeping up with these changes is a challenge for many businesses, and without the right support, they risk missing out on global opportunities. We must ensure businesses have the knowledge and resources to comply and compete on the international stage.'  Source: BCC Need help with exporting or importing? Get in touch with our experienced international trade & customs advisers! Book a complimentary 1-2-1 here

As of February 2025, the Windsor Framework continues to reshape trade dynamics between the United Kingdom (UK) and the European Union (EU), particularly affecting traders operating between Great Britain (GB) and Northern Ireland (NI). This agreement, established to address post-Brexit challenges, introduces several key changes due for implementation throughout 2025, aiming to streamline processes and reduce bureaucratic hurdles. But will these really streamline processes for traders? Introduction of the Green and Red Lanes By 30th September 2025, the new customs system will be fully operational: A cornerstone of the Windsor Framework is the introduction of a 'green lane' system for goods transported from GB to NI that are intended to remain within the UK market. This system significantly reduces customs checks and paperwork, however this still requires that carriers provide a simplified dataset containing commercial information for each consignment... and it is not only a requirement carriers need to bear in mind, also freight forwarders and hauliers. So, whilst it is indeed less onerous than completing a full customs declarations, it still is a mammoth administrative task and imagine if they are moving thousands of shipments per day. Also, in order to benefit from these 'simplified procedures', traders must enrolled in the UK Internal Market Scheme (UKIMS). Whilst enrolling on the scheme itself is relatively straightforward, some traders may face some challenges depending on the business type, goods traded and the overall compliance requirements that they need to follow. For instance, to be eligible, traders must demonstrate 80% of their trade stays within the UK. Agri-foods moving via the green lane will be subject to reduced checks, and should make the movement of seed potatoes, horticultural products and plants easier. On the other hand though, NI farmers will be required to keep following EU veterinary rules, but GB and NI will in overall face fewer restrictions. The Red Lane: To be used exclusively for goods at risk to enter the EU market and will be subject to full customs declarations and regulatory compliance. Full Retail Labeling requirements come into effect on July 2025 All food products moved into NI must have “Not for EU”  labels unless they are loose items exempt from controls (e.g., fresh fruits). Retailers must ensure compliance with UK food safety standards  rather than EU rules. Parcels and e-commerce flexibility Personal parcels and online orders  from GB to NI will no longer require full customs declarations under the Green Lane. Business-to-business (B2B) parcels still need some customs oversight , but with reduced checks . Future Negotiations and Potential Adjustments Looking ahead, the UK government has expressed interest in deepening economic ties with the EU. Discussions are underway regarding potential participation in the Pan-Euro-Mediterranean Convention (PEM) to align rules on raw materials and components that can be used in exports without incurring in tariffs. In summary, the Windsor Framework introduces pivotal changes in 2025 that are set to impact traders between the UK and EU. UK and EU Traders, hauliers, carriers and freight forwarders need to understand how these changes will impact them and be prepare from the 31st March 2025 for some of these. Interested in learning more about these changes and how your business may be impacted? Join our next Trade Forum taking place on the 13th March at our HQ, Elliot House. Hear from experts discussing in more detail the upcoming changes and how traders can prepare for these. Already trading with Northern Ireland and facing some challenges? Email us at international@gmchamber.co.uk for the chance to join an exclusive roundtable with HMRC on the 13th March.

Starting from 31st of January 2025, the UK government has introduced a new requirement for all imports from the EU. The Safety and Security Declaration, also known as the Entry Summary Declaration (ENS) , will be mandatory in addition to the standard import declaration. This update is part of the government’s ongoing efforts to enhance border security and safety.    What Does This Mean for Your Business?     Carriers’ Responsibility:  The legal obligation to submit the ENS lies with the carrier, including hauliers, shipping lines, and other entities involved in the transportation of goods. It’s essential to note that carriers will be responsible for providing this declaration on behalf of goods imported into the UK.    What should you do?  As an importer, it’s important to ensure that ENS submissions are made on time and accurately to avoid delays or penalties.  Preparation : Ensure that your carriers are submitting the necessary data in compliance with the new rules. This will help avoid any border issues and ensure smooth import operations.  Impact : Failure to provide accurate and timely ENS declarations could lead to significant delays, fines, or even the refusal of goods entering Great Britain. It is crucial for businesses to take proactive steps to avoid such disruptions.    How Greater Manchester Chamber of Commerce can help   To assist with compliance, Greater Manchester Chamber of Commerce is pleased to offer a service that allows us to complete ENS declarations on behalf of your carrier. This is an additional opt-in service to our current end-to-end import/export declaration service, meaning ENS declarations will only be submitted when specifically instructed by your business.    Next Steps   We encourage you to begin planning for these changes now to ensure a smooth transition when the new requirements come into effect. If you require ENS declarations to be completed for your imports, please get in touch with us by emailing our Customs Team at chambercustoms@gmchamber.co.uk