UK government seeks views on barriers to trade in seven markets

Industry News | | MIC Customs Solutions |

The British government is to examine potential trade barriers stopping local companies from doing business in Brazil, Colombia, India, Kazakhstan, South Korea, Taiwan and Vietnam.

British businesses are to give their views on the barriers that are preventing them from forging stronger trade links with seven key international markets.

The UK's Department for International Trade is planning to hold joint economic and trade committee meetings with Brazil, India, Kazakhstan, South Korea, Taiwan and Vietnam by the end of 2016, and wishes to hear from UK businesses about their trade priorities prior to these talks.

Additionally, Colombian president Juan Manuel Santos Calderon will be paying a state visit to the UK in November, meaning issues of bilateral trade and investment with this country will also be on the agenda.

The department said: "The aim of these meetings is to discuss bilateral trade and investment issues and to strengthen the UK's economic, industrial and commercial ties with these markets."

Specifically, the British government is keen to find out businesses' greatest concerns about dealing with these countries and how these might be addressed, as well as recommendations for bilateral initiatives that could improve the business climate.

Companies are being called upon to complete an online survey to share their thoughts on these issues, as well as sharing specific examples of good business practice and measures that could encourage more firms to export to these markets.