International Trade April 2025 – Newsletter Issue 5 | 04-04-2025

The latest news from your International Trade Team at East Lancashire Chamber of Commerce!

Delivered Duty Paid (DDP) to Europe isn’t the problem – Regime 42 is

In the ever-evolving world of international trade, Regime 42 or Customs Procedure 42 (CPC 42) allows businesses to import goods into the European Union without paying Import VAT. But beneath its appealing surface lies a minefield of risks, from compliance pitfalls to unexpected tax liabilities.

Read more HERE to discover why this option could be setting you up for disaster.

US Tariffs to Hit UK Economy

A 10% tariff is to hit all UK exports to the US and higher tariffs for other countries.

Learn more by clicking HERE

Customs Declaration Service Available During Easter Break

At East Lancashire Chamber of Commerce, we understand that logistics and customs declarations don’t stop for holidays, which is why we are proud to continue offering our reliable customs declaration services throughout the Easter break.

Learn more HERE

New Government Data on Trade Preference Utilisation

The Government has unveiled data on Trade Preference Utilisation, giving businesses crucial insights to navigate global markets more effectively. By shedding light on how companies leverage these benefits, the initiative aims to drive smarter economic decisions, boost competitiveness, and maximize trade opportunities.

For more information, click HERE

Darwen Terracotta Triumphs with Two Wins at Awards Ceremony

Discover the inspiring journey of Darwen Terracotta and their remarkable global success

Read more HERE

For more news, click here.