Latest news
An updated digest of import and export news.
India Trade Deal Marks Start Of New Era
“The signing of this agreement is a clear signal of the UK’s continuing commitment to free and fair trade. It will open a new era for our businesses and boost investment between two of the world’s largest economies.” - BCC
Notice to exporters 2025/22: general trade licence Russia sanctions – sectoral software and technology
The licence comes into force on 21 July 2025. Any person seeking to rely on the licence must register online via SPIRE within 20 days of their first use of the licence.
Business Welcomes Movement On EU Reset Negotiations
“A win-win agreement for companies in the UK and Europe is a prize we must all remain focused on delivering."
UK Trade Stabilises After US Tariff Hit
“UK trade showed signs of stabilising in May as the initial impact of higher US tariffs began to subside” - William Bain, Head of Trade Policy at the BCC.
Notice to exporters 2025/17: update to the UK arms embargo on Armenia and Azerbaijan
The UK’s embargo now applies to weapons, ammunition and munitions that might be used on the land border between Armenia and Azerbaijan.