Category: For Exporters
Parkol Marine Engineering has announced the launch of its new vessel, Green Isle. Upon completion, Green Isle will sail to the west coast of Ireland from Middlesborough, marking its expansion across the country. The boat is the second to be built as a result of a new £3 million bond support package from UK Export […]
Estimated reading time: 4 minutes Today the Digital Container Shipping Association (DCSA) announced a commitment for its members to transition from paper bills of lading to electronic bills of lading by 2030. The switch is estimated to save around $6.5 billion in direct costs for stakeholders, which could enable $30-40 billion in global trade growth […]
British trade minister Nigel Huddleston signed a trade deal with the U.S. state of Oklahoma while in Washington. The British embassy noted that while on the trip, Huddleston hailed another accord aimed at easing rules for UK architects working in the United States. The trade and economic memorandum of understanding (MoU) with Oklahoma, signed by […]
Today, Trade Secretary Kemi Badenoch flew to Switzerland to launch negotiations on a new UK-Switzerland free trade agreement (FTA) to boost trade between the two services superpowers. Switzerland is one of the wealthiest countries in the world and the UK’s 10th largest trading partner. The two countries are among the world’s leading service economies, exporting […]
Today, the report, “Future of Trade: New opportunities in high-growth corridors” was released by Standard Chartered. The report predicts that global trade will reach AED 120 trillion by 2030, with growth upwards of 5%. Leading this growth is the UAE, as its exports are projected to hit nearly 2 trillion AED by 2030, with an […]
Today, EyeSeal Inc., along with PROSS and Tempest, their global distribution partners, announced that EyeSeal’s cargo breach detection device and EyeTrack application have successfully completed Gateway2Britain digital trade pilot. EyeSeal was selected as the primary provider of digital cargo breach detection and monitoring solution to highlight the advantages and feasibility of digital trade. EyeSeal technology […]
Estimated reading time: 2 minutes The UK government, in a significant stride towards expanding trade and investment prospects between the two nations, launched the Developing Countries Trading Scheme (DCTS) in Manila. The event commenced with an opening by Her Majesty’s Ambassador to the Philippines, Laure Beaufils, accompanied by the esteemed guest of honour, Alfredo Pascual, […]
In the final quarter of 2022, global exports of intermediate goods (IGs) experienced a significant decline, dropping by 10% to reach a value of $2.3 trillion. This downturn was a direct consequence of various factors, including geopolitical circumstances, commodity shortages, elevated energy prices, and subdued consumption, all of which led to disruptions in global supply […]
Estimated reading time: 2 minutes The UK announced on Tuesday its plan to engage in discussions with Turkey to update their existing bilateral free trade agreement. The goal is to expand the scope of the future deal to encompass services and the digital sector. The current free trade agreement (FTA) between the UK and Turkey […]
