The Chamber of Commerce launched its London business club

The multi-sector trade mission will begin in London on June 7. Organized by the Luxembourg Chamber of Commerce in collaboration with the Embassy of the Grand Duchy of Luxembourg in London, it will take place over two days.

This June 7 also marked the creation of the Chamber’s fourth overseas business club. Its official launch will take place at the residence of Jean Olinger, Ambassador of the Grand Duchy of Luxembourg to the United Kingdom. London thus joined the international network of business clubs in Luxembourg. The first was launched in Berlin in 2012 by Cindy Tereba, director of international affairs. This year it is celebrating its 10the anniversary. The business clubs of Paris and Brussels were created in 2014 and 2016 respectively.

“These markets are our main business partners, so it’s very important for us to open business clubs in these four markets. This is to improve interaction between the business communities, which will be closely linked, but mainly to offer them a networking platform, partnering with partnerships, exchanging ideas, etc., ”explains Christophe Brighi.

As well as having the opportunity to learn about trade and investment opportunities in the UK, participants will have the opportunity to discover some of London’s landmark landscape projects. During a visit to the Grand Duchy in May, British Trade Commissioner for Europe, Chris Barton, estimated that bilateral trade reached “almost £ 13 billion a year. More than 90 to 95% of this amount has related to the services sector: financial services and other business services: telecommunications, IT, etc.

Christophe Brighi, who has already helped Luxembourg companies with their internationalization strategies and advised them on market strategies to enter the UK, said that “after Brexit, it makes more sense to bring the two countries closer. emphasis the business communities, but also take care of the existing commercial relationship between the two markets. “

Although the business club was initiated by the Chamber of Commerce, Christophe Brighi specified that it would be managed by the companies themselves, by a president whose name has not yet been disclosed.

Christophe Brighi added that most of his work over the past year has been driven by the UK’s departure from the European Union. “My main tasks at the beginning of last year, and throughout the year, were to support our businesses that have suffered from the impact of Brexit on their business activities,” he explains. “We have set up a Brexit hotline … all companies affected in any way can contact us. We researched and advised them about new facts, new managerial burdens imposed when doing business in the UK … trade is not as smooth as before. ”

The launch of the London business club was originally planned for the first quarter of 2022. It had to be postponed due to the Covid pandemic. It will finally take place on June 7 in the presence of the Minister of Finance, Yuriko Backes (DP), which makes, according to Christophe Brighi, “a very strong signal that the United Kingdom remains a key trading partner for us. . also shows the business community that the two markets are truly interconnected and compatible ”.

The international agenda of the Luxembourg Chamber of Commerce has been quite busy this year. In March, he reached a record 300 registered at the Mipim real estate market show in Cannes, France, marking 15e anniversary of the existence of a national flag of Luxembourg.

For more information on upcoming events at the Luxembourg Chamber of Commerce, including its international agenda, visit
cc.lu
.

This article was written by
Delano
in English, translated and edited by Paperjam into French.

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