Related insights: Exporting and International Trade
Amendments to procurement legislation
22 May 2023
The Free Trade Agreements with Australia and New Zealand have prompted amendments to current procurement regulations to give effect to the UK's obligations under those trade agreements. The amendments were laid before Parliament on 4 May 2023 and are due to come into force on 25 May 2023 under the Public Procurement (International Trade Agreements) (Amendment) Regulations 2023/484. The amendments will only apply to procurements commenced after the 2023 Regulations come into force.
Government U-turns on Brexit Bonfire Bill - good news for UK businesses
18 May 2023
The Retained EU Law (Revocation and Reform) Bill 2022, commonly referred to as the Brexit Bonfire Bill, is intended to end the principle of the supremacy of EU law. The Bill empowers UK Government to restate, revoke and replace retained EU law. So far, in the region of 4,800 pieces of retained EU law have been identified and this total is likely to keep increasing. UK Government says the Bill will remove needless bureaucracy and encourage innovation. However, many businesses who operate across the UK and EU are less enthused about the prospect of abandoning EU laws and the resultant regulatory divergence, since complying with two different regulatory regimes adds cost and complexity.
Expanding federal and state restrictions on foreign investment in U.S. real estate
15 May 2023
With significant press coverage, Florida Gov. Ron DeSantis recently announced that the state would limit the ability of certain non-U.S. persons, businesses, and governments from acquiring agricultural land in Florida. Florida is not alone in taking action to limit foreign acquisition of real estate within their borders.
Expanding federal and state restrictions on foreign investment in U.S. real estate
15 May 2023
With significant press coverage, Florida Gov. Ron DeSantis recently announced that the state would limit the ability of certain non-U.S. persons, businesses, and governments from acquiring agricultural land in Florida. Florida is not alone in taking action to limit foreign acquisition of real estate within their borders.
U.S. Commerce Department incentivises disclosures of export control violations
05 May 2023
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) continues to send a strong and clear message to the exporting community – it wants businesses and universities to voluntarily disclose any significant possible violations of the Export Administration Regulations (EAR).
U.S. Commerce Department incentivises disclosures of export control violations
05 May 2023
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) continues to send a strong and clear message to the exporting community – it wants businesses and universities to voluntarily disclose any significant possible violations of the Export Administration Regulations (EAR).
Womble Bond Dickinson hosts Department for Business and Trade North America Roadshow
29 Mar 2023
Womble Bond Dickinson hosted the Department for Business and Trade's (DBT) North America Roadshow 2023. The event sought to share insights and highlight the opportunities for UK businesses looking at the US and Canada as export destinations.
Womble Bond Dickinson advises PD Ports on new deal to bring more sailings to Teesport
23 Mar 2023
International law firm Womble Bond Dickinson (WBD) has advised PD Ports on its new long-term deal with worldwide logistics specialist CLdN to bring additional weekly sailings to Teesport.
Already operational, the new service consists of four weekly round trip sailings from Zeebrugge and Rotterdam, Europe's largest seaport, and reinforces Teesport’s position as a critical gateway for international trade. The expansion, which is driven by customer demand to have direct and reliable access for freight units to the North of England, will enable shippers to bring cargo closer to its end destination; avoiding road mileage and reducing CO2 emissions.
Already operational, the new service consists of four weekly round trip sailings from Zeebrugge and Rotterdam, Europe's largest seaport, and reinforces Teesport’s position as a critical gateway for international trade. The expansion, which is driven by customer demand to have direct and reliable access for freight units to the North of England, will enable shippers to bring cargo closer to its end destination; avoiding road mileage and reducing CO2 emissions.
Major economic boost with official launch of UK’s first freeports
07 Dec 2022
The news that the UK's first freeports in Plymouth, Solent, and Teesside are now fully up and running is welcome and positive news for the economy. Each of these Freeports, which now have official sign off will receive up to £25 million seed funding and potentially tens of millions of pounds in locally retained business rates to upgrade local infrastructure and stimulate regeneration.
Womble Bond Dickinson North East lawyers give their verdict on Autumn Statement
17 Nov 2022
Businesses and leaders from across the North East have been reacting to Chancellor Jeremy Hunt's first Budget, which hoped to show progress as well as substantial repair work.
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