Our Director General, Lesley Batchelor OBE, has been invited to be a keynote speaker at this year’s Going Global – Europe’s biggest exhibition for businesses seeking international expansion.
This year’s event at London’s Olympia on the 17th and 18th of November promises visitors an unprecedented level of information, advice and opportunity in expanding their companies into international territory.
The Institute of Export’s post Brexit planning workshops – designed to stimulate thought and planning around how momentum can be harnessed in current markets and looking beyond the safety of the EU – are receiving positive feedback.
While our relationship with the EU won’t change overnight, there is no time to waste as effects are already being felt from the fallout from the vote; including benefits and extra costs brought about by short-term currency fluctuations. It is vital that businesses are aware of all this so they can resolve problems quickly and capitalise on opportunities.
Australia’s economy has famously avoided recession for the last 25 years, navigating the global financial crisis more successfully than most. While economic conditions are now more challenging, strong cultural and institutional ties mean Australia remains an excellent place for British companies to do business.
A vibrant line up of industry specialists and experts at our exclusive World Trade Summit 2016, ‘The Commonwealth & Beyond’ on October 12th at Gresham College, London, gave delegates much to think about.
Examining the ever changing business environment, the event discussed the big issues that businesses and the government must get to grips with in shaping international trade – export opportunities, dealing with Brexit and globalisation.
Feedback from delegates at our dynamic inaugural World Trade Summit on October 5th in Taunton included “hugely informative”, “thought provoking”, and “a great thought leadership approach to export.”
Designed to help businesses in the region prosper in international trade post-Brexit, ‘The Commonwealth & Beyond’ Summit examined the issues and opportunities in accessing new markets in order to help shape the future of international trade.
The Institute was delighted to celebrate the achievements of the Queen’s Awards for Enterprise International Trade winners for 2016 at a vibrant gala dinner at One Great George Street, Westminster, London.
The beautiful venue was a fitting one for the glittering occasion, attended by leaders in the field of exporting and international trade, who were welcomed by IOE Director General, Lesley Batchelor OBE.
The ‘Doing Business in Italy Guide’ is now officially live and can be accessed via: www.Italy.DoingBusinessGuide.co.uk.
The main objective of the Doing Business in Italy Guide is to provide you with basic knowledge about Italy; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues. We do not pretend to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point. Further assistance is available from the Department for International Trade (DIT) team in Italy. Full contact details are available in this guide.
To help your business succeed in Italy we have carefully selected a variety of essential service providers as ‘Market Experts’; Arup, AST Language Services, Babino, Falcone & Falcone Avvocati Associati, Bibby Financial Services, Companies in Europe Ltd (Italia), Jaguar Land Rover Italia, and The British School of Milan.
The guide has been produced by International Market Advisor, in partnership with the Institute of Export, and with support from UK Export Finance.
Anyone interested in trading with Italy can now visit the website; download a PDF or e-Flipbook version; download an app (from both the Apple App Store and Google Play Store); or request full colour, hard-copy brochures (by emailing us).
Five things to know about exporting to Italy:
- Italy’s economy is now emerging from recession. Estimates by the European Commission, Bank of Italy, International Monetary Fund (IMF) and the Organisation for Economic Co-operation and Development (OECD) indicate an increase in GDP of 1.1 to 1.4% in 2016
- One third of the world’s luxury items are made in Italy. This fashion and textile sector has an estimated value of EUR 52.5 billion (2014), and one of the highest purchase rates of fashion items in the world. British fashion brands often consider Italy as a gateway to other foreign markets.
- Italy is the global leader in the production of super yachts with 40% of global orders. Italy’s shipbuilding industry includes many other sub-sectors which offer good opportunities for UK suppliers.
- The Italian aerospace industry is the third largest in Europe and the seventh worldwide. The sector has a turnover of EUR 13 billion, exports worth EUR 7 billion, and over 100 hundred companies with 64,000 direct and indirect employees.
- The Italian National Health System (SSN) is going through an in-depth reform and modernisation process. There are opportunities for UK companies in innovative equipment and medical devices, diagnostic (portable) equipment and kits, innovative daily life-aids for elderly and disabled, e-care and e-health devices, food supplements and dietary foods.
Visit this link for more information on our Doing Business Guides.
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If you would like more information on the IOE’s membership, training and qualifications, please visit our website or contact us if you have any questions.
The IOE is hosting an inaugural World Trade Summit on October 5th aimed at businesses in the South West who are working in international trade.
The IOE is hosting an exclusive World Trade Summit 2016 entitled The Commonwealth & Beyond on October 12th, which includes a powerful line up of industry specialist and experts including keynote speaker Lord Marland, Chairman of the Commonwealth Enterprise and Investment Council – and former government Trade Envoy.
Article: by Arne Mielken BA(Hons) MA MIEx (Grad), IOE Young President
TARIC is an odd word. Google provides two equally unappealing choices. It is either the “Toronto and Region Islamic Congregation” or the “Tarif Intégré de la Communauté” (French: Integrated Tariff of the [European] Community). And this being Europe, and Europe being complicated, it is clearly the latter. Since the word “Community” is being replaced by “Union” (see UCC – Union Customs Code) soon this may change to TARIU – rest assured, there are no synonyms for this one (yet)!
TARIC is complex – like anything in the EU, TARIC is mysterious – there are so many hidden secrets for you to discover and there are moments where you may wonder what is going on! TARIC will challenge you and make your brain work. And it is still only a database! Yet one of the most complex and important I have ever seen.