PROSPER MAGAZINE: DIGITAL EDITION
BLACK COUNTRY INTERNATIONAL
ABOUT BLACK COUNTRY INTERNATIONAL
The Black Country Chamber of Commerce are committed to helping their members and businesses around the region with the smooth transition of goods and services across international borders.
Black Country International services can help with export documentation, train and develop teams and keep up to date with trends and topics which impact how businesses export and import.
Whether a business is new to trading internationally or an experienced exporter, the team can help develop a strategy that’s right and help the process of doing business easier.
IMPORTING GOODS FROM JANUARY 2021:
THE UK GLOBAL TARIFF
The UK has left the EU. The transition period will end on 31st December this year and the UK will leave the single market and customs union.
Businesses should take action NOW to start preparing for new trading rules which will be in effect from January 2021.
Here’s what you need to know if your business imports goods from overseas.
What is the UK Global Tariff (UKGT)?
The UKGT is the UK’s independent ‘Most Favoured Nation’ tariff. This is a schedule of taxes to be paid on goods imported into the UK from January 2021.
The UKGT will replace the EU’s Common External Tariff.
The UKGT will not apply to goods imported from a country that the UK has a trade deal with, a country that is part of the Generalised Scheme of Preferences or where an exception applies.
What should I do next?
Learn more about the UK Global Tariff
Plan ahead by looking up the tariffs you will need to pay using the Tariff Look Up Tool.
If you import goods from the EU, learn more about the import process and border controls with the EU from January 2021.
Visit GOV.UK/transition for more information about what you need to do to prepare for the changes coming into effect from January 2021.
You can also find information and advice about trading internationally (outside the EU) at great.gov.uk.
DATES FOR YOUR DIARY:
INTERNATIONAL TRADE EVENTS
10TH SEPTEMBER 2020
9.30AM – 11.30AM
A Headstart To Seize Business Opportunities in Indonesia and Thailand at the New Normal
A virtual roadshow with BritCham Indonesia and Thailand
22ND SEPTEMBER 2020
9.00AM – 10.00AM
An Audience With... Sift & Pick
Sift & Pick is an omnichannel, online marketplace based in Singapore. It started in 2018 centred around letting shoppers discover brands and products that are original and of uncompromising quality.
Built by shoppers for shoppers, every product is lovingly handpicked by working directly with brand owners and designers, allowing Sift & Pick to bring authentic, under-the-radar designer goods closer to individuals.
Sift & Pick now partners with more than 250 global brands to carry over 6,000 fashion, beauty and lifestyle products.
14TH - 18TH SEPTEMBER 2020
New Automotive Export Week Launched
Delivered in conjunction with the NEAA’s Supply Chain North East programme and the Department for International Trade (DIT), this virtual event invites businesses at every stage of the process to explore key automotive markets, learn about all aspects of international trade, seek support from market specialists and trade champions, build contacts and meet potential customers.
During the week there will be more than 40 events taking place including country briefings, interactive seminars and workshops. In addition, the event will offer a platform for delegates to market their products and services to enable business matching, collaboration and one-to-one networking.
The Automotive Export Week is an ideal opportunity for businesses to expand their sector knowledge and raise their company profile with a view to boosting sales overseas.