Blog Category: News

July #1 Trade News: Uzbekistan, Developing countries, AI, Nigeria, Bank of Ireland, Philippines, UK, Germany, West Midlands, Utah trade mission

Uzbekistan located in Central Asia has been a model country when it comes to attracting FDI in the past 6 years when it stopped being a Soviet state. The incoming President at the death of long-time autocrat in 2016 set about opening up the country to the West, liberalising the economy and becoming a free market.

June #2 Trade News: Morocco Gigafactory, Africa trade, Atlantic declaration, Hydrogen, Thailand EVs, UK, Europe

The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last week in the largest trade deal since Brexit. The UK is the first European nation to join the trade bloc. Negotiations began in June 2021. The 11 members agreed in a meeting in Vietnam on the UK’s accession earlier this month. The UK has existing trade deals with all member nations except Malaysia. The Government’s economic impact assessment estimates the deal is worth a 0.08% boost to UK GDP.

North-American Aerospace FDI and Trade Mission to North Rhine-Westphalia in Germany

Registrations open: A great way to discover opportunities available to American and Canadian businesses who intend to expand in one of the world leading aerospace markets. From June 10th – 13th, 2024, Trade Horizons Limited, on behalf of Germany Trade and Invest Gesellschaft für Außenwirtschaft und standortmarketing mbH and in cooperation with NRW.Global Business, is organising a Germany-bound Trade Mission to the state of North Rhine-Westphalia (NRW).

June #1 Trade News: G7, Vietnam, London, Iran, Nigeria, India

The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last week in the largest trade deal since Brexit. The UK is the first European nation to join the trade bloc. Negotiations began in June 2021. The 11 members agreed in a meeting in Vietnam on the UK’s accession earlier this month. The UK has existing trade deals with all member nations except Malaysia. The Government’s economic impact assessment estimates the deal is worth a 0.08% boost to UK GDP.

Building an international workforce:  considering PEO arrangements

When your business is stepping into international markets, it’s likely that one of the priorities will be getting the right people and teams on the ground. This will raise the question of how best to engage staff internationally. Professional Employment Organisations In recent years, organisations known as ‘employers of record’ (EORs) or ‘professional employment organisations’ (PEOs) have emerged.  These organisations are commonly used in the U.S. but in other countries outside the U.S., there are some additional local law issues that need to be considered. PEOs offer to support international expansion by employing staff on behalf of businesses.

Inflation Reduction Act – Electric Vehicle Opportunity in the US

The US is aggressively attracting overseas investment into their EV market – is this unfair or is it an opportunity you should know more about? The US is spending billions on loans and tax breaks in aid for electric car firms. President Biden has denied starting a subsidy conflict, following criticism of its $11billion investment into green energy. Manufacturer Unipart, which is set to invest in the US, says the UK cannot "compete on a level playing field".  Companies and Governments in many leading countries around the world agree.

Trade Horizons partners with U.S. Commercial Services in the U.K.

The new US Embassy in London is a cube, a $1billion square building in booming South-West London It has been called the safest building in London. The US State Department envisioned a new Embassy that would serve as the centrepiece of one of America's longest-standing and most valued relationships. It also aspired to set a new paradigm in embassy design by representing the ideals of the American government—giving priority to transparency, openness, and equality, and drawing on the best of American architecture, engineering, technology, art, and culture.

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