The Institute held a Q&A session with Bibby Financial Services, updating traders on the state of global trade as economies exit Covid-19 lockdowns and the UK adapts to new trade rules with the EU.
The webinar looked at:
•The current state of global shipping •Whether Covid-19 could lead to the reshoring or diversification of supply chains •How
trade finance can support companies to manage their trade cycles •How the UK's departure from the EU has affected trade flows •The role of supply chain resilience
in international strategies
Following the end of the Transition Period businesses will face changes to the way they trade with Europe. In order to maximise profitability and to trade successfully and compliantly businesses must understand new trade and customs rules.
This one-day training will focus on the requirements that businesses must now follow when trading goods with Europe, arising from the UK:EU Trade Cooperation Agreement (TCA). The course will cover the rules required for tariff free trade, requirement for customs declarations and how to trade successfully with your European customers.