North East Chamber of Commerce - International Trade: Market insight event
Germany MI Event Agenda
09:30 – Welcome and Introduction.
09:35 – BCCG – Björn Gräber - The role of the British Chamber of Commerce Germany in working with UK companies to penetrate the German market.
09:40 – GERMANY TRADE & INVEST – Robert Scheid, Director UK & Ireland, – Doing business in Germany.
09:55 – Paul Harper, Auditel – Navigating CBAM Compliance for Commercial Success in the German Market.
As with all EU Member States, German companies are legally required to comply with the Carbon Border Adjustment Mechanism (CBAM) when importing certain goods into the EU, which includes the obligation to report on the specific embedded emissions of certain goods. If the goods you export to Germany fall under the scope of CBAM, your customers will be expecting this emissions data from you, and complying with reporting standards will require a comprehensive understanding of emissions produced in your supply chain and in your own production processes. This presentation by Auditel, the UK’s leading carbon, energy and cost consultancy, will provide an insight into how to support your customers in complying with the regulation while creating a competitive advantage for you in the German market.
10:05 – Stephanie Wilson – Cleveland Cables Company- Our journey into the German market. Pros, cons and the reward.
10:15 – Nikolai Masoni, North East Chamber - Q&A & close. Documentation and Import/ Export Declaration requirements.
Why attend?
Following the effects of the pandemic and the war in Ukraine, the German business climate remains resilient amidst global economic shifts, underpinned by its reputation as a stable and innovative market and with the economy showing signs of a resuscitation evidenced by the manufacturing sector’s rebounding, fuelled by increased demand for cars, machinery, and electronics.
Its strategic location in the heart of Europe affords unequalled access to the vast European market, therefore conferring on it the gateway for international expansion status. Furthermore, its robust infrastructure, including modern transportation networks and advanced telecommunications systems, enables seamless business operations. Germany with its strong emphasis on innovation and technological advancement creates a fertile ground for companies looking to pioneer cutting-edge solutions and collaborate with leading research institutions. It boasts a highly skilled and educated workforce renowned for its efficiency and productivity.
However, the bureaucratic processes and high regulations can be intricate and time-consuming, requiring patience and careful attention to detail, which means navigating the German business landscape and opportunities comes with its challenges.
Key Facts:
Germany was the UK’s 2nd largest trading partner in the four quarters to the end of Q1 2024 accounting for 8.5% of total UK trade. The relationship is valued at £149 billion with an increase of 4.1% or £5.8 billion.
Total UK exports to Germany amounted to £60.4 billion and imports from Germany amounted to £88.6 billion for the same period.
There is no doubt that Germany has been and is still Europe’s largest economy. v Germany is the third-largest economy in the world with a Gross Domestic Product (GDP) of $4.5 trillion.
Germany is the third-largest exporting nation in the world, driven by it is exports of motor vehicles and parts as well as chemical products.
| Date | 9:30am on 02 Dec 2024 to 11:00am on 02 Dec 2024 |
|---|---|
| Venue | Online |
| Cost | Free |
| URL | Find More Information Here |