UK and Lebanon trade agreement signed

UK and Lebanon sign trade continuity agreementA UK-Lebanon Association Agreement has been signed by both nations, ensuring British businesses and consumers will continue to benefit from preferential trading terms after leaving the European Union.

Trade between the UK and Lebanon was worth £603 million in 2018. Minister for the Middle East and North Africa Dr Andrew Murrison said: “The economic and trade relationship between our two countries holds much potential. I look forward to more British and Lebanese companies doing business with each other.” Read more >

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UK joint statement with Korea

UK joint statement with KoreaThe UK and Korea have signed a joint statement for trade continuity that will allow businesses to keep trading freely even after the UK has left the European Union. This will help to strengthen the trading relationship between the UK and Korea further, which in 2018 was worth £14.6 billion.

International Trade Secretary Dr Liam Fox commented on the increasing value of trade between the two nations: “Providing continuity in our trading relationship will allow businesses in the UK and Korea to keep trading without any additional barriers, which will help us further increase trade in the years ahead.” Read more > 

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Even global slowdown has not stopped UK export growth

UK Exports remain strong despite global slowdownStats from the Office of National Statistics paint an encouraging picture at the moment. Despite the slow down of the global economy, UK exports of goods and services between May 2018 and May 2019 increased by 4% to am incredible new high of £647.1 billion.

Dr Liam Fox, Secretary of State for International Trade, pointed out: “Despite the global headwinds getting stronger, [these] record-breaking statistics highlight what a real international trade policy can deliver for the UK as people from around the world continue to express their appetite for British goods and services.”

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Strawberry exports up!

In 2018 Britain saw it’s largest ever export of strawberry shipments. This was a 56% leap in export value says HMRC.

A record £3.9 million British strawberries were shipped in 2018. The Netherlands did pretty well too as the largest market, growing by a whopping 361% between 2017 and 2018!

Our International Trade Secretary, Liam Fox remarked:

“As Wimbledon starts, and with the ‘Great British Summer of Sport’ in full swing, I am delighted that Britain’s exporters are serving up a treat, with more people than ever before enjoying classic British strawberries and cream.” Read more in an article at: fruitnet.com >

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A guide to exporting to Canada

Exporting to CanadaThis week Canadians celebrated Canada Day and in honour of the great trading relationship between British businesses and Canadian consumers we are putting a spotlight on trading conditions.

The UK is Canada’s second largest services trading partner and seventh largest source of goods imports. The stable political environment and record for strong economic growth make it a favourable environment for UK companies across all sectors. Find out more >

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Much needed road funding from the Government

Much needed road funding from the GovernmentWelcome news from the Department of Transport – £201 million has been granted to councils across England to undertake road maintenance and pothole repair.

This is especially good news for haulage firms out there. Damaged road surfaces cost the logistics industry millions in repairs and replacements. Efficient logistics is vital to ensure that Britain keeps trading, Reade more >

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