Le Lézard
Classified in: Science and technology, Business
Subjects: EGV, POL

UK Export Strategy Ignores Brexit "Hot Potato", According to E-commerce Authority


LONDON, August 22, 2018 /PRNewswire/ --

According to the Secretary of State for International Trade, Liam Fox, who released the UK's export strategy yesterday, exports in goods and services rose by 4.4% last year, and the value of exports has doubled since 1997.

Deborah Collier, digital business expert, and President at global e-commerce authority - The Certificate in Online Business, had described Brexit and the UK EU Trade Agreement as a "Hot Potato". She adds "The UK Export Strategy has made no mention or provision for Brexit, except to focus on selling to countries outside the EU."  

Citing credible E-Commerce industry statistics - 62.7% of UK E-Commerce exports are sold to the EU - the largest economy in the world, she adds "If we leave the EU without an agreement, the products and services we sell will be liable for import tariffs. Even if UK businesses cover those costs through price reduction, which is highly unrealistic, EU Customers will still have the inconvenience of having to pay import costs on delivery. This inconvenience alone is enough to deter buyers. The UK cannot afford to lose this volume of trade."

Collier explains "One of the key benefits of e-commerce is access to new markets globally.  Barriers to trade are customs, taxation, shipping and distribution costs, as well as legal regulations." There are heightened costs and competitive challenges when trading internationally. Desirable and competitively priced products and services are paramount. "Uniqueness will be one area the UK needs to focus on, to stay ahead of other international competition", adds Collier

International shipping costs and the ability for entrepreneurs and small businesses to implement a strategy to alleviate the additional costs of distribution to non-EU countries, is a major challenge. "I am particularly concerned about the livelihoods of small businesses and individual online traders", says Collier, who is a champion for entrepreneurship. Deborah Collier urges the UK government to address the EU trade issue "head-on", and to consider the realities and challenges of internal trade to businesses of all sizes, with countries outside the European Union.

Notes to Editor 

Deborah Collier is a respected leader and strategic advisor in all areas of digital business, and in particular e-commerce. As well as working as an internal advisor for PriceWaterhouseCoopers during her early career, she has trained, advised and developed strategies for government organisations, well-known blue-chip organisations and SME's around the globe. She has been referenced by the International press and recently appeared on Channel 4 News. Deborah is the President and founder of global digital skills certification authority The Certificate in Online Business which has certified leaders and teams at the likes of Mars, Huawei, L'Oreal, Procter & Gamble, Three, House of Fraser, Schneider Electric, Ernst & Young, South African Post Office, as well as international banks, shipping companies and airlines.

Visit: COBCertified.com, DeborahCollier.com and twitter account @DeborahMCollier for further information and credentials.


These press releases may also interest you

at 11:35
Ping Identity, the leader in Identity Defined Security, today announced new programs and benefits for its Technology Alliance and Channel Program partners, including a new online partner directory, app integrations...

at 11:32
Katie Stewart of the Software Engineering Institute (SEI) at Carnegie Mellon University to address RMA's 13th annual Governance, Compliance, and Operational Risk Conference regarding  lessons that the banking industry may learn from the defense...

at 11:30
SolderWorks LLC, a state-of-the-art hardware innovation lab, today announced the launch of its new education curriculum program. This new offering provides a classroom, innovation lab, and ecosystem partner learning experience...

at 11:30
Founder/CEO Leslie Magsalay-Zeller expands Pooki's Mahi® 100% Koffee KaKaotm coffee pods made from single-origin coffee with KrakaMokatm coffee for customers that enjoy naturally flavored chocolate, cacao, and mocha in 2018; feedback from customers...

at 11:30
LendingTree®, the nation's leading online loan marketplace, today released its analysis of how the housing market has changed since 2009. The study looks at the 50 largest metropolitan areas in the U.S. to see where...

at 11:30
The LF Deep Learning Foundation (LF DL), a Linux Foundation that supports and sustains open source innovation in artificial intelligence (AI), machine learning (ML), and deep learning (DL), announces Ericsson has become the newest Premier Member....



News published on 22 august 2018 at 07:29 and distributed by: