As VDMA member you have access to numerous my.VDMA.org exclusive information services.
The team from VDMA Foreign Trade
provides you with everything you need to know about foreign markets. We inform you about market conditions and research the current economic situation and development so that you can be successful abroad. Direct support on location is available to you at our liaison offices in Brazil, China, India, Japan and Russia.
Work on committees is essential in the VDMA. The committees of the Foreign Trade Department deal with export issues and tasks, develop positions on trade policy issues and, last but not least, maintain a dedicated network of experts.
In February VDMA invited its member companies in Saudi Arabia to a members' meeting in AlKhobar. In view of the current situation, a virtual get-together has now been organized. More than a dozen companies have exchanged information about the current situation.
Kenya's economy has grown continuously in recent years. The country is also a good starting point for developing markets in the entire East African region. A good way to enter the market is to participate in the German joint participation in KITE 2020.
At the leading trade fair for water and wastewater technology as well as energy supply in the Middle East, the Ministry of Economic Affairs is also offering a joint stand in 2020. WETEX will be held October 26-28 in Dubai.
The revision of the tips brochure on doing business in China is now available. It contains highlights on the most important aspects of trading with China and at the same time links them to the respective experts in the VDMA.
Many VDMA members are currently being asked to provide their business partners with declarations that they operate an "essential production". This raises questions as to why the VDMA has prepared a memo on this topic.
The World Customs Organisation (WCO) has published the amendments to the Harmonised Commodity Description and Coding System (HS) planned for 2022. There will also be some changes for mechanical engineering.
Since 30 March 2020, the official export credit agency has opened up its cover to EU Member States and markets such as the USA or Canada. It is designed to cover deliveries on open account on short payment terms. The EU Commission decided on 27 March 2020 on a corresponding exemption. VDMA has been campaigning for such an decision.
Do you have employees who are stuck abroad as a result of the corona crisis and who are supposed to come back to Germany? BDI has launched an activity on the initiative of VDMA and Siemens. Please send your feedback by March 25, noon.
Commercial flights are now being further restricted worldwide and some have already been discontinued. Mexico is also likely to be affected by this in the foreseeable future, and the available flights are already running short.
In a survey, the VDMA Foreign Trade Association investigated why member companies only partially use the EU's free trade agreements for exports. The result provides valuable information for future negotiations of free trade agreements.
About 30 company representatives met in Al Khobar to exchange information about Localization and Saudization. There were a few surprising findings. The prestentation of a SAIPEM employee was very helpful.
Some EU partner countries have already formally declared that they will recognise products originating in the United Kingdom as "originating in the EU" during the transitional period. Other partners have signalled their willingness to do so.
Saudi Arabia has banned non-biodegradable plastics packagings. This is for production within Saudi Arabia and imports. Also machinery and spare parts may not be shipped to Saudi Arabia inside non-biodegradable plastics packagings.
With the entry into force of the withdrawal agreement, the United Kingdom will no longer be a member of the European Union from 1 February 2020. However, ambiguities remain in the preferential processing.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
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General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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