India: The Big Emerging Market—Part 1
2/8/2010 - by Prema Nakra With Gross Domestic Product (GDP) growth more than double that of the United States and the United Kingdom during the past decade, India is one of the most promising and fastest growing economies in the world. Its skilled managerial and technical manpower and its enormous middle class, approximately 300 million strong, offer a value proposition that businesses across the globe find hard to resist. India’s time-tested institutions such as a free and vibrant press, a well established judiciary, a sophisticated accounting and legal system, and a user-friendly intellectual infrastructure offer foreign marketers and investors a transparent environment that is conducive to long-term success if the right business models are developed and implemented.
ACE in the Hole
2/1/2010 - by Michael Laden In his article, "Follow the Money," my business partner and dear friend, Kelby Woodard, succinctly set the stage for this piece with his comments on U.S. Customs & Border Protection’s ability (or more appropriately inability) to deliver the Automated Commercial Environment (ACE) on a timely and cost effective basis. I have some additional thoughts on the matter.
The December 23rd Rule: Offsets in Defense Trade
1/25/2010 - by Richard Palaikis If you are involved in the movement of defense articles, the “December 23rd Rule” will undoubtedly affect your transactions that include an offset agreement. This amendment to the Offset Reporting Regulations went into effect on Friday, January 22, 2010.
Blurring the Lines Between Security and Free Trade
1/18/2010 - by John Goodrich Since its inception in 2002, U.S. Customs and Border Protection has operated under the twin goals of securing our nation’s borders while fostering economic security through lawful trade and travel. It was originally believed that any excessive measure that impeded lawful trade was seen as a victory for the terrorists. In order to win against the extremists, our trade must continue to flow freely. But a new Customs program and implementation of the Importer Security Filing (10+2) process have blurred the lines between the two.
D-Trade 2: Transitioning to Electronic Licensing Agreements
1/11/2010 - by Kathryn Toomey In October 2009, the State Department’s Directorate of Defense Trade Controls (DDTC) began accepting electronic export licensing agreements via the D-Trade 2 v2.2 system. Exporters are still allowed to submit agreements via paper form, but it is estimated that electronic submission will be mandated at some point in 2010.
Follow the Money (Over $3 Billion to be Exact)
1/4/2010 - by Kelby Woodard If you want to understand how the government (or a criminal enterprise, for that matter) functions, you simply need to follow the money. The proposed Customs Reauthorization Act of 2009 includes plenty to worry about and some things to be pleased about.
Do-It-Yourself International Market Research
12/28/2009 - by Joe Robinson Are you looking for new markets, new customers and new opportunities to expand your overseas business? Would you like to find a one-stop spot that will provide information that is relevant and current to your business needs? Would you like to do your own “data mining” using a friendly method? Would you like to save your company thousand of dollars in professional research service fees?
Deciding on Appropriate Export Payment Terms
12/21/2009 - by Chris Lidberg An important part of an international sale is determining the appropriate payment term: Cash in Advance, Collections, Letters of Credit or Open Account. It can take quite a bit of time and effort to make this decision, but every minute you invest in this decision can mean the difference between money in the bank or writing off bad debt.
|
