UK / EU negotiations are down to the wire and there are huge levels of uncertainty surrounding the potential outcome. However, to focus on this would only serve to detract business minds from valuable planning time. Several government publications, not least being the new Border Operating Model and the UK Global Tariff, have provided some clarity as to how UK/EU trade will operate post 31st December 2020. Businesses have no time to lose in ensuring they are optimally prepared for the changes that will come into force on the 1st January 2021.

What will be covered?

Andrea also will also be looking at future trading through the lenses of goods and importantly, services companies who import and export, but who have predominantly traded within the EU block. This approach ensures that key issues are covered i.e. documentation requirements, customs procedures, customs valuation and HMRC compliance, new tariff structures, licensing, trading under preference, country of origin, client/supplier contracts and Incoterms, data, Intellectual Property protection, regulatory impacts, legislation updates and more.

The overriding purpose of this session is to introduce companies to issues they might not have considered, to highlight priority action that needs to be taken and signpost them to the most relevant resource and information to help them optimally prepare over the coming 90 days.

This is the first in a series of 11 webinars aimed at helping companies prepare for international trading post EU transition period. Future webinars include:

• UK border changes impacting flow of UK-EU goods from 1st Jan 2021
• Exporting post EU transition, a practical guide for novice and seasoned exporters
• Importing post EU transition, a practical guide for novice and seasoned importers
• Understanding international trade documentation post Transition Period
• Understanding the new UK Global Tariff and trading under preference
• Imported goods valuation for Customs – ensuring HMRC compliance
• The importance of Incoterms in international contracts
• Managing financial risk and getting paid when trading internationally
• Developing overseas markets and managing international partners
• Effective international supply chain management

This series of webinars is a partnership between Buckinghamshire Business First, Cambridgeshire & Peterborough Combined Authority, New Anglia Growth Hub, OXLEP Growth Hub and SEMLEP's Growth Hub.