Solarglide flies North East flag as part of new UK-Canada FTA
Solarglide are proud to represent the North East of England, under the brand new UK-Canada Free Trade Agreement (FTA) after being approached by the Department for International Trade (DIT).
The FTA is an enhanced agreement based on the Canada-UK Trade Continuity Agreement between the UK and Canada. This was created to reduce/eliminate customs duties, improve the movement of goods and encourage investment.
Canada and the North East have a strong relationship with £57m worth of goods exported from the region to Canada in 2020 and 168,000 North East jobs supported by UK exports to Canada.
DIT approached Gosforth-based Solarglide because of the organization’s strong links with Canadian companies, Teekay Shipping and BC Ferries, as well as its reputation as an innovative and dynamic company based in the region.
Paul Pringle, Managing Director of Solarglide, said: “It is a privilege to be approached by DIT and to represent the North East. This honor shows our impact on global trade and our relationship with the North East.
“As we work with Canadian companies, simplifying the business process will benefit us both logistically and financially. We expect to achieve sales of approximately 15% of our pre-pandemic revenue to Canadian customers. »
Potential Benefits of the FTA
The new deal will simplify processes and cut red tape for exports, essentially making it easier for UK companies to trade with Canada.
It will reduce barriers for exporters of goods, such as processes and administration that disproportionately affect small and medium-sized enterprises (SMEs). Exports of goods to Canada were worth £6.1 billion in 2020. Reducing these barriers can help businesses make the most of existing preferential tariffs.
The new free trade agreement will go further than ever in areas such as innovation, digital, data, environment and women’s economic empowerment.
Solarglide and the world
As mentioned, Solarglide has worked with Canadian companies, but their connection to global projects doesn’t stop there. Other global customers include North Sea oil rig Nobel Has Duel in Scotland, as well as Suez Canal tugs, Tianjin Xingang Shipyard’s Global Mercy vessel in China and Tasmania, for environmentally friendly catamarans.
To learn more about our global projects, please read our case studies.
Who is Solarglide?
Solarglide is a designer, manufacturer and installer of marine blinds and window coverings based in Gosforth, Newcastle upon Tyne. Their blinds and coverings are designed for commercial ships, cruise lines and ships. They offer a wide range of boat products including boat blinds, ocean air blinds, yacht blinds, narrow boat curtains, ready made boat curtains and other marine products.
The products and services described in this press release are not endorsed by The Maritime Executive.