For African exporters interested in the US market, the good news is that US-African trade grew by more than 500 per cent between 2001 and 2011. The U.S. market is wide open for goods that conform to its laws. The African Growth and Opportunities Act (AGOA) and the...
In today’s globalized economy your company’s next business opportunity could be located anywhere in the world. The three T’s – Trade Agreements, Trade Financing, and Technology — provide the doors for small businesses to take advantage of these international...
As of August 1st (2013), importers who rely on the Generalized System of Preferences (GSP) preference program have lost those benefits. As I explained in previous posts the GSP program allows about 5,000 products from about 127 developing countries to enter the United...
Here is Part “B” of my series, “International Trade Alphabet Soup” that will periodically list and provide context for key acronyms and international trade terms: BAR – Buy American Restrictions: The Buy American Act of 1933 restricts the purchase of...
In an earlier post, we described the eligibility criteria and benefits of the Generalized System of Preferences (GSP) program, which provides duty-free access for about 5,000 products from eligible developing countries. The program is reviewed annually, as a result of...
In this Washington Post article, The town that pork built tries to digest Smithfield sale (pun obviously intended) the residents of Smithfield, Virginia (USA) react to news of the sale of Smithfield Foods to a Chinese buyer. Smithfield Foods is the world’s largest...
