Also in the news...
Countering sanctions evasion: guidance for freight and shipping
For freight forwarders, carriers, hauliers, customs intermediaries, postal and express operators, and other companies facilitating the movement of goods.
International Compliance Tips for Entrepreneurs Going Global
While expanding across borders can accelerate business growth, it also raises the stakes when it comes to staying legally compliant.
Cutting Administrative Burdens When Trading Abroad
From customs declarations to inventory tracking across borders, the paperwork and compliance requirements can quickly become overwhelming for growing companies.
Temporary agreement between the Swiss Confederation (Switzerland) and the UK on services mobility
Temporary agreement documents and the exchanges of notes extending the agreement.
Decision. UK-Central America committee documents
Decisions, documents and meeting minutes from UK-Central America countries committees.
Dollar recovers as May heads to Brussels
GBP/USD fell away throughout yesterday’s European session as the greenback regained some of the ground lost on Monday.
Domestically, last week’s Brexit panic that hit sterling hard seems to have calmed a little with no new resignations since the weekend and the number of letters from Tory MPs needed to be sent to trigger a no-confidence vote in Prime Minister, Theresa May still not being achieved.
The one news story that did see the pound wobble though was reports that Spains Government may veto any Brexit deal should the future of Gibraltar not be clarified in the proposed withdrawal agreement. GBP/USD fell to as low as 1.2775 however we are now back above the 1.28 handle ahead of Theresa Mays trip to Brussels to meet EU officials. The meeting with the President of the European Commission, Jean-Claude Juncker and others is expected to finalise the proposal ahead of it being ratified at a meeting of EU heads of state on Sunday. This will mean a big hurdle has been overcome however anyone expecting a jump in sterling crosses should bear in mind the agreement then has to be voted on in UK parliament which is currently looking a 50/50 shot at best.