Monday 26th June 2023 – 11am – 11.40am – Online
Exploring some of the key challenges that could impact UK manufacturers when exporting their goods and sourcing globally
Hosted by Santander in collaboration with Composites UK
The world of global trade is changing at pace and while this brings a wealth of opportunities, there are also the challenges of meeting constantly evolving regulatory and customer requirements. In this webinar we will look at a couple of key themes, highlighted during our recent Industry Leaders Forum with leaders from across the Manufacturing industry, which will have a potential impact on businesses operating in the industry across the global marketplace.
During this webinar we will be looking in more detail at two new regulatory changes, highlighting how these could impact your business and what you should consider to help to prepare your business:
- We will look at the EU’s new Carbon Border Adjustment Mechanism (CBAM) legislation that will require companies importing certain goods into the EU to pay higher tariffs for high carbon products. This legislation has been implemented to ensure that imported polluting products, including those manufactured in more polluting environments, don’t disadvantage EU manufacturers, as well as help to reduce greenhouse gas emissions. This has potentially significant implications for those imports and exports to the EU.
- We will also explore in more detail the new US Inflation Reduction Act (USIRA), which is the most significant climate legislation in US history. It offers funding and incentives to accelerate the transition to net zero, while also encouraging US innovation, productivity, and economic competitiveness. However, this could have a considerable impact on non-US companies.
The webinar will be hosted on the Santander Navigator platform and as part of the registration process one of our team will be in touch to help you access your free Prepare subscription package* – a saving of £1,800 on the standard cost for this level of subscription. This package will allow you to register for this webinar, as well as access the full Santander Navigator platform, giving you a world of insights, activities, and a range of solutions all tailored to your business. The platform has been designed and developed to support UK businesses identify global market opportunities, connect to buyers and sellers across the world, and help your business overcome the challenges faced when trading internationally.
*The free Prepare package is only available to Composites UK members. Non-members will receive access to the basic Explore package.