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Region’s business leaders welcome new EU trade deal

THE NEW trade deal with the EU has been described as a positive step forward by businesses leaders in Coventry and Warwickshire.

The Coventry and Warwickshire Chamber of Commerce has welcomed the refreshed deal which was agreed at the UK-EU Leaders’ Summit last week.

The organisation’s chief executive Corin Crane said it would help businesses overcome uncertainty in relation to trading overseas.

He said: “We know the value that international trade brings, and any steps to remove barriers around this are welcomed.

“This deal will remove unnecessary checks on food and drink exports, link our emission trading schemes making life less costly for businesses and the use of E-gates at passport control will make travel simpler for businesspeople who cross EU borders on a regular basis.

“The deal has also seen a UK-EU defence and security pact established and more will be done around a youth mobility scheme.

“While there is still work to be done, this deal provides some much-needed stability. We will be supporting businesses across our region to navigate this new deal, as well as the US trade deal, and help more companies take their goods and services overseas.”

Shevaun Haviland, Director General of the British Chambers of Commerce, said the summit marked a turning point in UK-EU relations.

He said: “For four years, businesses have fought hard to sustain sales to the EU in the face of a rising tide of costs and paperwork which has severely dented their competitiveness.

“The British Chambers of Commerce had seven key asks of Government going into these negotiations which were based on four years of research and analysis involving thousands of firms.

“Today’s deal is good news on five of those. But we must not stop here, this agreement must be the foundation on which we aspire to build a much stronger business relationship going forward. That can only be of benefit to all our economies.”

The deal comes after the announcement that businesses in the West Midlands can make the most of free help to trade globally after the Exporting Starts Here support programme was extended until next year.

The support features a mix of one-to-one advice from expert export advisers, online workshops and face-to-face events, including an international trade conference later this year.

Visit or email [email protected] for more information on the Exporting Starts Here programme.

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