It’s often easy to procrastinate when it comes to trade compliance training – your team is swamped enough already! But in today’s constantly shifting regulatory environment, equipping businesses and their employees with the qualifications to trade in a competitive global market is as important as ever.
Lesley Batchelor, Director General of the Institute of Export, has endorsed such training for years, and he reinforced this point last week as he spoke at the Trade Compliance Seminar: Export Controls hosted by Amber Road in Manchester, UK. “Training and qualifications are instrumental in helping exporters to trade more effectively,” he commented.
Batchelor also presented the findings of this year’s International Trade Survey, which highlighted a growing divide between corporations and smaller UK businesses in the drive to go global. The findings suggested that a lack of experience, finance and government support are all constraining factors for smaller businesses – a conclusion that only reinforces the importance of industry knowledge.
The seminar also included speakers from the Department for Business Innovation and Skills, the Crown Prosecution Service, and Strong & Herd LLP. As with its other seminars, Amber Road aimed to enhance understanding and knowledge in the critical areas of trade compliance and export controls.
Learn more about Amber Road’s seminars in Europe and the United States here.
According to the European Commission, it's the SMEs from entire Europe which are lacking of knowledge and government support for international expansion.
We at Novertur (www.novertur.com) believe that what could facilitate SMEs' international reach is also to connect companies more easily with trade partners, organizations and services that will help them and provide them this knowledge. Working hand-in-hand with such partners is the best way to increase chances of success on foreign markets, I believe. For this we set up a platform enabling matchmaking with adapted partner, helping companies go global!
Interesting insight though, thanks.
Regards,
Luca