How to design for export

For many companies who design and manufacture a physical product the start point is the domestic market, their local customer base. Key factors that influence the design are things like functionality, reliability in service, style and appearance and usually manufacturing cost too. Having worked hard in the home market the …

AE status – What is it? How does it work?

Approved Exporter (AE) Status Is your business ready to carry out trade with countries that the UK will establish Free Trade Agreements (FTA’S) with after we leave the EU? An Approved Exporter is an exporter who has met certain conditions imposed by the customs authorities and who is allowed to …

AE/AEO Status – What does it mean? What are the benefits? Is it necessary?

An Authorised Economic Operator is a business that, following a detailed audit, is regarded as reliable and compliant by HM Revenue & Customs (HMRC). AEO status will be granted to businesses meeting the criteria for one of three possible certifications… For most businesses, a customs simplification authorisation will be the most important accreditation

Ballast Water Management – Why is it important?

Ballast Water Management – Why is it important? Officer of the Watch examines legislative efforts to avoid disastrous environmental risks posed by ballast water from international shipping The problem: Ships use ballast to control their stability. The ballast can be solid, and historically rocks or iron ingots might have been …

Brexit: Command Economy – A Warning from History

Is it not wonderful to live in a democracy where the spirit of free enterprise and free trade is protected by the laws of a State within a legal system that has been shaped to prevent business being subjected to irrational and arbitrary decisions of government ? By Joe Sweetinburgh, …

Sterling Facing Critical Week

There’s a perfect storm approaching the pound this week with critical factors affecting Sterling on a collision course. Analysts cite political uncertainty, macroeconomic data and monetary policy as the three main drivers of economy and therefore currency. There isn’t one which is more important than the other and they are …

Export business in the South West: Superfast & Streamlined

Ray Gore reflects on the positive effect of technology on the potential prosperity of once disconnected regions. SW businesses’ export opportunities enhanced by streamlined supply chains and Superfast connectivity! I was reflecting on the way that the digital age in which we now live has so changed the way things …

North America Free Trade Agreement (NAFTA)

Just when we thought Brexit would be the dominant discussion topic around the dinner table at International Trade gatherings, a much larger beast is on the loose. North America Free Trade Agreement (NAFTA) What is Nafta? started in 1994, it is designed to lower tariffs for most traded goods and …

India: Historic Trade Capital to Future Economic Hub

With Brexit topping the headlines and the prospect of a need to find new export partners looming, one answer is to look to our historic colonial relationships. You might be surprised to discover how much we have in common with India after all these years… By Tony Parry Your scribe …