by Andrea | Sep 9, 2015 | access to finance, CSME, international trade rules, tools for importers
Sourcing in China – the “world’s factory” — should continue to provide an attractive option for manufacturers for some time. Even as its labor costs rise, China’s large and skilled work force and overall business ecosystem are key factors that set it apart as a...
by Andrea | Aug 18, 2015 | access to finance, CSME, international trade rules, tools for importers
Explaining that he was “overwhelmed” at work and “too busy”, an employee of a company that makes products which require a license for export :- Altered invoices so the products could be shipped without the required licenses; Changed shipping documents to conceal the...
by Andrea | Aug 12, 2015 | CSME, international trade rules, tools for importers
Misbranding is one of the major reasons that imported food is refused admission into the United States. The US Food & Drug Administration (FDA) regulates food safety. Imported foods must meet the same laws and regulations as food produced in the United States....
by Andrea | Jul 29, 2015 | access to finance, CSME, international trade rules, Recent Trends in Trade, tools for importers, Trade and Development
Starting on July 29, 2015, importers can begin to take advantage of the retroactive renewal of the Generalized System of Preferences (GSP) program. GSP is Back! This means: Entering GSP-eligible products without having to pay duties; and Claiming refunds for duties...
by Andrea | Jul 22, 2015 | CSME, international trade rules, tools for importers
Here is Part “I” of my series, “International Trade Alphabet Soup” that will periodically list and provide context for key acronyms and international trade terms: IACAC — Inter-American Commercial Arbitration Commission provides a system for settlement, by...
by Andrea | Jul 8, 2015 | CSME, international trade rules, Recent Trends in Trade, tools for importers
It pays to develop a corporate culture of compliance. Do your employees and contractors know the answers to these questions? Can I pay for the managers of the factory in China where my goods are manufactured to travel to the United States? Is it okay for me to give a...
by Andrea | Jul 1, 2015 | CSME, Haiti recovery, Recent Trends in Trade, tools for importers, Trade and Development
With President Obama’s signature of the Trade Preferences Extension Act of 2015, GSP has been renewed and AGOA extended. The Generalized System of Preferences (GSP) program allows about 5,000 products from about 127 developing countries to enter the United States on a...
by Andrea | Jun 11, 2015 | CSME, international trade rules, Recent Trends in Trade, tools for importers
International Trade Terms: Trade Alphabet Soup, Part H Here is Part “H” of my series, “International Trade Alphabet Soup” that will periodically list and provide context for key acronyms and international trade terms: H HCP — Hemispheric...
by Andrea | Jun 3, 2015 | CSME, Recent Trends in Trade, tools for importers, Trade and Development
The Generalized System of Preferences (GSP) program allows about 5,000 products from about 127 developing countries to enter the United States on a duty-free basis. The African Growth & Opportunity Act (AGOA) program provides duty-free access for products of...
by Andrea | May 27, 2015 | CSME, markets in Africa, Recent Trends in Trade, tools for importers, Trade and Development
Africa is the world’s second-largest and most-populous continent, accounting for about 15% of the world’s population. Africa has experienced remarkable economic growth since 2000, due to its abundant natural resources and robust demand for consumer goods...
by Andrea | May 20, 2015 | CSME, markets in Africa, Recent Trends in Trade, tools for importers, Trade and Development
Asia is the largest and most populated continent on Earth. It currently holds 60% of the world’s population. Today, there are 525 million middle class consumers; by 2030 that number is expected to rise to 3.2 billion, more than 8 times the expected size of the U.S....
by Andrea | May 13, 2015 | CSME, Recent Trends in Trade, tools for importers, Trade and Development, US-Caribbean trade, World Trade Organization
With the population of the Latin American & Caribbean region comprising 9% of the world’s population and containing three of the world’s fastest growing emerging economies, it is time to discover your market in the Americas. The large and consumer-driven U.S....
by Andrea | May 6, 2015 | access to finance, CSME, international trade rules, small business financing, tools for importers
In honor of U.S. National Small Business Week 2015, this post shares steps for getting started as a global business. You are a small business or solopreneur going along your merry way, when a business lead that could take your business overseas drops into your lap....
by Andrea | Apr 29, 2015 | access to finance, CSME, international trade rules, tools for importers
Protection of your intellectual property begins locally. Your intellectual property is any creation of your mind. Most countries have laws that allow you to protect these creations. In this post we discuss forms of intellectual property you may already be using in...
by Andrea | Apr 15, 2015 | access to finance, CSME, international trade rules, tools for importers
On U.S. Tax Day, we devote this post to discussing the true costs of doing business internationally. Particularly for traders in goods, these costs must be factored into business operations to protect the bottom line. Tariffs: Just about every government collects...
