Will there be a replacement for MADB for UK businesses?
The question “Is there a platform as good as the EU’s Market Access Database within the UK which can help navigate procedures?” comes from a recent webinar we hosted on What exporters need to know about Brexit in 2018.
The answer below comes from Enterprise Europe Network who spoke alongside the Institute of Export & International Trade to give an overview of the challenges and opportunities that UK exporters will face in 2018 as the negotiations continue and hopefully progress.
A key challenge for exporters is the scarcity of reliable trade information on markets.
The International Trade Centre (Intracen) has recently launched a Global trade Helpdesk : http://www.intracen.org/news/ITC-UNCTAD-WTO-launch-Global-Trade-Helpdesk/ you can find the helpdesk tool here: http://www.helpmetrade.org/ It is not yet as complete or exhaustive as the Market Access Database and is still in development but could become a substitute to it post Brexit.
The International Trade Centre has also developed a suite of online tools to make global trade more transparent and facilitate access to new markets: A general overview is available here: http://www.intracen.org/Itc/market-info-tools/overview/ The individual tools are accessible here: Trade Map, Market Access Map, Investment Map, Sustainability Map, Procurement Map and Trade Competitiveness Map.
(Based on businesses’ responses to ITC’s 2016 annual survey, ITC market intelligence tools helped generate around $300 million in trade transactions. They are deemed particularly instrumental to users in the least developed countries, where local sources of trade intelligence are often unavailable.)
Access to ITC’s Market Analysis Tools is entirely free of charge (but some need registration) thanks to support from the World Bank, the European Commission and funders of the ITC’s Trust Fund.
There are also specific, regional platforms, for instance the recent collaboration between the EU and ITC for Mediterranean countries. We don’t know whether the UK will be able to access this post Brexit, but right now it has an interesting section helpdesk with Q&A from experts. http://euromed.macmap.org/euromed
You can watch the webinar on ‘What exporters need to know about Brexit in 2018’ here:
Following the 2017 version of the webinar, we also released a 12-point checklist for companies starting to plan for the different potential outcomes of Brexit. You can view this checklist here.
If you have any further questions about Brexit – or exporting in general – you can use the Institute’s ‘Exporter Helpline’ service.
The helpline is either free for Institute members or can be accessed for a small fee by non-members. More information and access to the helpline can be found at:
About Enterprise Europe Network
Enterprise Europe Network helps ambitious businesses innovate and grow internationally. Jointly funded by the European Commission and Innovate UK, our experts advise and connect those looking to commercialise ideas and succeed in new markets. In the UK, Enterprise Europe Network is delivered by 24 organisations located across England, Northern Ireland, Wales and Scotland.