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Weekly Trade Update: 27/02/25

In this week's Trade Update:
In this week's Trade Update:
Trade deal talks with India relaunch
Last chance to enter MiUK awards!
What you need to know about HS codes

UK-India Trade deal talks relaunch

This week UK-India trade deal talks relaunched as Business and Trade Secretary, Jonathan Reynolds, visited New Delhi. India is expected to have the highest growth rate in the G20 and is set to become the world’s third biggest economy by 2028. The aim of the deal is to deliver economic growth by bringing the Indian market within closer reach for UK businesses. The Indian market presents increasing trade and career opportunities for UK businesses and a trade deal would accelerate the accessibility of these.

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Last chance to enter MiUK awards!

Is your UK SME successfully growing internationally? To celebrate the global trading success of UK SMEs, the Department for Business and Trade has opened its Made in the UK, Sold to the World Awards for 2025. Entry is free, with 12 industry categories available. The awards offer a pathway to continued growth and further opportunity. Don’t miss your chance to participate – the deadline to enter is March 9. For more details and to enter your business, please follow the link below. Best of luck!

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What you need to know about HS codes

Harmonised System (HS) codes are internationally recognised unique identifiers, used to classify the exact type of goods you’re shipping. Ensuring you supply accurate data makes it easier to identify products internationally and can help to avoid your packages being delayed at customs. Looking at how to find an HS code for international shipping and answering FAQs surrounding them, this article provides all you need to know to get started with HS codes.

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