International Trade Newsletter | Launching new trade working groups

We are very excited to announce that we are forming two new working groups at techUK, called the UK-India Tech Forum and the UK-Japan Tech Forum. The UK-India Tech Forum is designed to bring a broad group of stakeholders interested in influencing or understanding the policy landscape impacting the technology sector, trade relations, and the market opportunities and challenges in India and the UK, while the UK-Japan Tech Forum brings Japanese tech companies operating in the UK to engage with key stakeholders in government and business. Hosted by techUK, the working groups will bring together representatives of businesses, government and other stakeholders for collaboration in the technology sector. If you are interested to learn more about our newly established Forums, please do get in touch.

In December, techUK is pleased to be supporting DIT’s “Technology & Future Cities” trade mission to New Delhi and Mumbai (11-14 December). The mission will take in the India UK Future Tech Festival (FTF) in which our CEO, Julian David will be participating. Companies interested in the DIT’s trade mission may also have opportunities to qualify for support to cover some of the participation costs.

In the meantime, techUK has been working with DIT to help scope and define the future trade relations with countries outside the EU. The DIT has recently launched four new consultations to inform the UK’s future trade relationship and potential trade negotiations with the United StatesAustraliaNew Zealand, and the accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Please follow the hyperlinks if you want to complete the consultations individually. techUK will be also reaching out to our members for input into our joint response to the trade consultations so watch out for our emails.

Finally, as we continue developing our International Trade programme for 2019, we want to ensure that are doing the right things on behalf of our members. If you have not already completed our short 2-3 minute survey on international trade, please do so. Your answers are very important to us and will allow us to tailor our communications to your specific interests and design our programme activities in a way that supports your growth strategies. I promise it won’t take long!

As always, please reach out if you have any questions or need support with your international trade activities in the UK and abroad. We’re here to help. 


News


techUK at the WTO: Exploring how tech changes trade
This October, techUK is stepping onto the international stage with a panel at the World Trade Organisation’s Public Forum - 'Trade 2030'. Technology is at the heart of trade and new technological developments have transformed it time and time again. We are experiencing a Fourth Industrial Revolution, ushering in a new era of change in what is made, where it is made and how it is traded. techUK’s panel ‘The Rise of Digital: Tech and the Changing Nature of Value Added’ will take place at the WTO in Geneva in Room B, from 15.30-17.00 on 4 October. Follow techUK’s panel and wider engagement during the Public Forum on twitter with #techUKatWTO.

techUK response to the PM's Brexit negotations statement
Read here for techUK's deputy CEO comments on the PM's statement on the Brexit negotiations.

Barclays launches major Midlands trade centre to boost UK exports
Following the launch of the Government’s Export Strategy, Barclays will launch a new Trade Centre, providing export support to 1,000 UK businesses with a £370m lending fund for SMEs across the Midlands to boost jobs and growth. The new centre will work to boost jobs and economic growth, enabling British businesses to start exporting sooner or to sell even more of their products in domestic and overseas markets.

Trade task force launched to increase UK business competitive advantage
The taskforce, part of the Board of Trade, will seek to guarantee the UK’s status as a prominent champion of free trade, leading the world in the way the UK partners with developing countries to alleviate poverty, support development and deliver jobs, growth and prosperity. Businesses are to receive support to develop trade links around the world from a new taskforce to ensure UK companies have a competitive advantage by providing support and local market knowledge.

US and UK ‘reaffirm shared ambition to boost trade relationship’
UK Trade Policy Minister George Hollingbery and Deputy US Trade Representative Jeffrey Gerrish, following a meeting in London, reaffirmed their shared ambition to boost the trade relationship between the UK and US, which is already worth around £165 billion a year. In November, the United States will host the UK delegation in Washington for the fifth meeting of the Working Group, as well as host the third meeting of the USA/UK SME Dialogue.

G20 trade ministers call to reinvigorate international trade
G20 trade ministers met in Argentina to discuss keeping markets open, addressing economic development and reinvigorating the international trading system. For the UK, a priority was to advance discussions on digital trade and to strive for substantive international trade rules that can help businesses and consumers across the world.


Events


18 October - Supercharging the Digital Economy
Focusing on the ways in which digital increasingly underpins Britain’s economy, 200 business leaders from industry will hear how the adoption and deployment of cutting-edge digital technologies, products and services produced by the UK tech sector enables every sector of the UK economy.

3-4 October - Expand to the USA – The Gary Vaynerchuck Way!
GTM Global in association with DIT, techUK and GS1 is partnering VAYNER MEDIA alongside other specialist mentors from AVALARA and GFS to offer a free 1-2-1 clinic and workshop on US eCommerce International Expansion in London and Heathrow. The events take a deep dive to explore a variety of strategies and solutions to the challenges you’ll face in the following key areas: market entry strategy, customer acquisition, eCommerce, taxation and many more. Places are limited, so if successful US expansion is at the top of your agenda, register now and meet Gary’s UK team and other specialist delivery partners.
Register here for London on 3 October, 13:00-17:00
Register here for Heathrow on 4 October, 09:00-17:00

9 October - Roundtable: Grow your tech business in South Asia in 2018
This roundtable will be led by Intralink, an international business development consultancy specialising in the technology markets of East Asia. Experts include Greg Sutch, Huw Thomas, and Michal Waszkiewicz. This session is your chance to ask questions, share your concerns and get expert advice on the markets to consider, the steps to take and the pitfalls to avoid. If you’d like to explore how to grow your business in East Asia, attend GTM Global’s free round-table discussion at techUK on Tuesday 9 October, 12:30-14:00. This event is strictly limited to six companies so please book your place as soon as possible. Contact GTM Global at mark@gotomarket.global.

24 October - Joint event with IAC for Turkish Tech
techUK is pleased to invite Turkish technology companies to a joint event, organised by techUK & Iron Arrow Consulting, which will highlight the opportunities for the Turkish tech community in the UK and showcase how techUK can help them accelerate their growth.

25 October - Innovation Partnership Seminar - Grow your business in Japan
The aim of this event is to provide an opportunity for businesses to meet with Japanese enterprises actively looking for promising startups, learn about the attractiveness of Japan's ecosystem for innovation and discover your potential in Japan. This seminar is targeted towards innovative overseas startups, in the fields such as fintech, cybersecurity, medical IT, AI, logistics IT. To register, please follow this link.

1 November - Global Trade 2018 
Hear from DExEU, DIT and the European Commission at Global Trade 2018. This conference at Chatham House will examine the current state of international trade, who the systemic players are, and the potential for new trade agreements to alter the landscape now and in the longer term.

15 November - Space Exports Forum
In partnership with the Space Growth Partnership and UKspace, techUK is pleased to host the 5th meeting of the Space Exports Forum. This is part of a new series of events supporting the UK’s Industrial Strategy, specifically helping any companies with an interest in space products and services to improve export performance. Companies from outside the space sector, but who use space and satellite services are especially welcome.

4 December - Trade and Customs Compliance Group meeting
At the next trade and customs compliance group meeting, we will continue to focus discussion on concerns related to International Trade, following the decision to exit the EU, as well as updates on licensing and SPIRE/LITE development.


Opportunities


The Ukrainian Week in London: Day Session on IT & Innovation
The British Ukrainian Chamber of Commerce, with the Council of British Chambers of Commerce in Europe, is holding Ukrainian Week in London on 8-14 October 2018, together with the Atlantic Council (US), at the EBRD, the National Investment Council of Ukraine, the Royal United Services Institute (RUSI) and other leading UK and Ukrainian institutions. It is designed for British and Ukrainian businesses to explore opportunities for partnership and development. If you are interested in attending one or more sessions of Ukrainian Week in London and want to learn more about the agenda, please contact the BUCC for the complete programme and an invitation at buccukraine@bucc.com.
8-14 October, London

Singapore and Malaysia technology mission
During the missions you will be able to meet and network with local companies and commercial officers within the Technology sector while also learning about upcoming opportunities to export your product. Up to 50 UK companies will take part in a mission to Singapore with a series of events aimed at promoting the UK’s capabilities within Cyber Security, Smart Cities and Health Tech sectors.
22-25 October, Singapore and Malaysia

Trade Consultations – Have your say on the UK’s future trade negotiations
As part of the government commitment to inclusive and transparent trade, DIT have launched four online public consultations. All four consultations are open for a period of 14 weeks, and they welcome contributions from members. They include consultations on new trade deals with the US, Australia and New Zealand, and the possibility of joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).
26 October

Baltic and Nordics FinTech Mission to the Northern Powerhouse
The four-day programme will showcase the UK’s Northern Powerhouse cities of Liverpool, Manchester and Leeds. This programme of events and networking opportunities will connect innovative and fast growing FinTech businesses to people and organisations that can support their entry to the UK and create opportunities for future development in the lucrative UK market. UK attendees will be primarily senior decision makers from UK financial services industry players including banks, building societies, mortgage lenders, insurance companies and other product and service providers.
4-7 November, Liverpool, Manchester, Leeds, UK

6th China Outbound Conference
Organised by the China-Britain Business Council (CBBC), the 6th China Outbound Conference is the largest event in China focusing on attracting investment to the UK and promoting UK-China partnership in third countries. This year’s conference is expected to attract over 400 businesses, government bodies, intermediaries and Chinese investors. The conference is the ideal platform to showcase projects to and meet with potential Chinese investors. The conference will include a panel session on tech/innovation as well as a dedicated 1-2-1 matchmaking and pitching sessions for UK project owners to engage with investors. As part of the conference the CBBC is currently looking for UK companies which are on the lookout for Chinese investment. If you are interested in attending the conference and finding relevant Chinese investment opportunities, please connect with mark.hedley@cbbc.org.
8 November, Shanghai, China

UK Technology & Smart Cities delegation to Saudi Arabia
Following their recent successful SME Tech Forum at Level39 in April 2018, the Saudi British Joint Business Council will be leading a UK Technology & Smart Cities delegation to Saudi Arabia from 18-21 November. The target sectors include Smart Cities, Fintech, Cyber Security, AI and IoT. Participation is open to both SBJBC members and non-members, but will be restricted to a maximum of 25 delegates. The Saudi SME Authority is leading efforts to improve the business environment for SMEs, and support both start-ups and scale-ups. 
18 November, Saudi Arabia

UK trade mission to the AI Summit
The UK’s Department for International Trade (DIT) is offering UK-headquartered AI companies the opportunity to showcase their expertise to the US market and meet top influencers in the New York tech ecosystem. The AI Summit will include networking events, group visits, and 1-2-1 meetings with buyers. Previous missions have seen UK companies learn best practices about US expansion strategy, generate sales in the US market, and network with top-level industry executives.
3 December, New York, USA

Trade Missions to the Future Tech Festival in Delhi
The FutureTech Festival was announced as part of a wider India-UK Tech Partnership. The partnership brings together business, government and civil society from both India and the UK to tackle shared challenges (across energy, skills, ease of doing business and financial services) and deliver mutual prosperity by nurturing entrepreneurship, securing jobs and growth for the future. This festival of business engagement and tech thought-leadership will host more than 100 of the very best UK and Indian tech companies, exploring AI/Data, Future Healthcare, Future Mobility, Fintech, Createch, Cyber Security.
9-15 December, New Delhi, India


Training

 

  • Simon Spier

    Simon Spier

    Head of International Trade
    T 020 7331 2008
  • Dominykas Broga

    Dominykas Broga

    Programme Manager | International Trade
    T 07931 565 239

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