by Lucinda O'Reilly | Sep 1, 2024 | News
Business and trade secretary Jonathan Reynolds has outlined his agenda for trade and his commitment to creating an aligned industrial strategy. He also emphasised an upcoming drive to attract international investment to the UK, which he stated would create “good,...
by Lucinda O'Reilly | Aug 1, 2024 | News
The US has eased its export controls programme in order to allow improved technology sharing with the other members of the AUKUS security agreement, Australia and the UK. The US State Department has informed Congress that it considers Australia and the UK to have...
by Lucinda O'Reilly | Jul 1, 2024 | News
A South African trade minister has voiced opposition to the EU’s Carbon Border Adjustment Mechanism (CBAM) at a recent meeting of the BRICS bloc of nations in Russia. The EU’s CBAM, which imposes levies on goods which have manufacturing processes resulting in higher...
by Lucinda O'Reilly | Jun 1, 2024 | News
The UK government has warned businesses that it won’t tolerate the repeated and criminal practice of incorrectly completing customs documents to avoid new charges. The claims follow the second round of Border Target Operating Model (BTOM) rules that were introduced in...
by Lucinda O'Reilly | May 1, 2024 | News
US president Joe Biden has hiked tariffs on a wide range of Chinese goods, citing “unfair competition” from Beijing. In an announcement by the White House, the Biden administration said it had increased tariffs on a number of Chinese imports, citing a need to protect...
by Lucinda O'Reilly | Apr 1, 2024 | News
The old SPIRE system for export licensing is being slowly retired as the government switches to a new system. The Export Control Joint Unit (ECJU) is bringing in a new system called Licensing for International Trade and Enterprise (LITE). It’s estimated that £15bn...