We know we’re not the only ones closely watching

For the outcome of today’s meeting between PM Sir Keir Starmer and German Chancellor Olaf Scholz.

It is the 5th time they’ve met in 2 months, and we believe this does show serious intent to get on and get this treaty agreed as quickly as possible, the target is 6 months.

Improving access to markets will 100% boost UK trade, Germany is currently the UK’s second largest trading partner (8.5% of all UK trade) and the success of this agreement could pave the way for better trade agreements with other EU countries.

This new Government are making all the right noises for policies to support and enable UK business to trade internationally - it’s great to hear the new Trade Secretary Jonathan Reynolds kick-starting trade negotiations with India and the Gulf Cooperation again, as well as starting new talks with Turkey, Switzerland, South Korea and Israel.

We would really like to see a focus on improving trading terms with the EU. Anything to cut the cost of trading will be a boost to sales growth in this export market.

In our role at TPS Global Logistics we act as the intermediary between our customers and their manufacturers. Handling everything related to the shipping process, freight, storage, import and export procedures. Over 75% of our turnover is generated from oversea import and export freight services.

Our customs expertise is vital for our customers, correct declarations ensure their goods are shipped on time and without hiccups. We save time and money for our customers by doing what we do best, so they can get on with doing what they do best – running their business!

It is reassuring to see the UK import/export outlook is looking good this year. After a slow start figures produced by British Chambers of Commerce have shown a strong growth in both exported and imported goods in the second quarter of 2024.

-????????? Goods exported (excluding inflation) rose by 11% in June

-????????? EU exports were up by 12.7% and non-EU trade was up 9.4%

-????????? Import volumes in June had an overall increase of 7.8%

-????????? EU goods imports rose by 9.9% and non-EU goods by 9.4%.

At TPS our international operations team are trained to advise customers on all aspects of the export and import process including the costs - port charges, consular fees, special documentation, insurance and handling fees. Our services are dedicated to making the import and export process a lot easier and quicker for our customers.

Our MD Matt Smith has been appointed a Department for Business and Trade Export Champion for the 6th consecutive year. His role is to assist any business or individual with their export journey. He would welcome the opportunity to share his thoughts and experience with any UK businesses looking to embark on, or expand their export operations. Please reach out.

You can email us [email protected] or speak to one of the team on 01622 237979