Department for Business and Trade’s Post

With our new government in place, we're looking forward to working on the reset of our relationship with Europe! Economic growth is the Government's number one priority, which is excellent news for international partners and businesses. And the fact that our Foreign Secretary's very first visit was to Germany shows how valuable that relationship will be to new Ministers (see here: bit.ly/4cLXJS4). I'm looking forward to working on our new agenda, along with my wonderful team of trade and investment experts based across Germany. Our new Secretary of State Jonathan Reynolds has already been clear: 📢 Trade and investment are central to the government's growth mission. 📢 Our forthcoming Industrial Strategy, renewed commitment to a green energy transition, a new Infrastructure Strategy, reforms to planning and the energy grid, combined with economic stability and long-term planning, will all deliver for #investors 📢 International #collaboration is vital to the UK's prosperity in a volatile world, and we will be working more with European partners, including to removing unnecessary barriers to trade between the UK and the EU British Chamber of Commerce in Germany e.V. (BCCG) Bonnie Sleeman Nick Russell Mark Dittmer-Odell Benjamin Wannenwetsch BDI - Bundesverband der Deutschen Industrie e.V. See more below 👇

In the lead up to #MC13, pleased to share this new Synergies article by Kimberley Botwright, on: ➡️ the role of World Trade Organization in sustainable trade & making trade for the green economy easier   Find out more ➡️ https://bit.ly/3USqjv8

 Yes, business and trade are critical factors in the economy. However, house prices and investment in housing reduce trade opportunities in the UK. This is because it has become an as easy job for people who can afford the mortgage and make them do the minimum in society, where those people gain knowledge in different work fields and can make new trade investments. For example, in the USA, lots of early retired people start to trade in electric aeroplanes or electric bikes or any other trade. This is because the demand for rent is lower in the USA than in the UK. So, if anyone can find a less risky business (renting business), why attempt a higher-risk business and eventually reduce trade investment? 

Over the past two days, the Richard Nixon Foundation convened twenty-four prominent national security experts in Washington, D.C. for the second annual Grand Strategy Summit. The objective of the Summit is to formulate a comprehensive, long-term strategic vision for American statecraft in the spirit of President Nixon's "long view" foreign policy. Discussions covered the short and potential long-term impacts of the ongoing conflict in Israel and the broader Middle East, looking beyond the Russia-Ukraine war, an evaluation of America's foreign alliances, an examination of trade policies aligned with America's national interests, and assessments of the national security consequences of evolving energy and environmental policies. Watch the 2023 Grand Strategy Summit here: https://lnkd.in/gXiGWdG7

The CTM Weekly Newsletter is out: https://lnkd.in/eamTTkMd This past week, CTM covered the following issues. In China: - China-UAE renew partnership - MOFCOM’s “carrot and stick” diplomacy in Europe - Partial suspension of ECFA tariff concessions - SPS updates - MFA’s comments on EV subsidies Rest of the World: - U.S. government officials comment on bilateral trade and Chinese government influences on the private sector - U.S. House bill on AI export controls - EU MEP justifies anti-subsidy duties on Chinese EVs - Australia curbs Chinese investment in mining

A question that will be increasingly on everyone’s mind is whether the WTO is robust enough to survive a second Trump administration. My answer is a cautious “Yes”. In the attached, I discuss several key factors that could determine whether the WTO survives and how they might influence the future role of the WTO. https://lnkd.in/eJ3xAf4q

Consistency Is Crucial in Negotiations https://lnkd.in/euZhTShM

Integrating trade data into maritime domain awareness is becoming increasingly important in todays complex maritime environment. Knowing just ‘what’ and ‘when’ is limiting, but adding trade intelligence can provide the ‘why’ to complete the picture.

TWN Briefings for 13th #WTO Ministerial Conference. These briefings explore the issues and interests at stake in each area, the state of play leading up to MC13, and the implications for developing-country members of the WTO. #Trade #MC13 ➡️https://lnkd.in/dQU235YN

𝐈𝐍𝐂𝐎𝐓𝐄𝐑𝐌𝐒 define the mutual obligations of seller and buyer arising from the movement of goods under an international contract from the standpoint of 𝐫𝐢𝐬𝐤𝐬, 𝐜𝐨𝐬𝐭𝐬 𝐚𝐧𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬.     -United Nations Conference on Trade and Development , 1990