Currently browsing;Global Trade relations
- New European Trade Measure Not Caused by Protectionism
The New York Times reports that European exporters has been confronted with more than 223 new and restrictive trade measures since the beginning of the trade crisis last year, but has avoided protectionism. A new report out last Friday introduces the new trade measures issues by EU Commission and its trading partners. “Proliferation of the kind of [...] - CTDI Reduces Corporate Risk with Management Dynamics’ RPS On-Demand Solution
Technology Services Company Improves Trade Compliance with Comprehensive Screening of Restricted Parties EAST RUTHERFORD, NJ, November 5, 2009 – Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, today announced that Communications Test Design, Inc (CTDI), a full service global engineering, repair and logistics company, implemented its RPS On-Demand solution, an advanced [...] - Chinese-Made Products to Be Made Safe
According to Industry Week, China and the United States are serious about combining efforts to reduce the number of issues with the safety of Chinese-made toys, drywall and other consumer goods that have made a number of people sick or injured. China’s reputation of corruption in the manufacturing industry in recent years has pushed the [...] - The Recession May Be A Thing in the Past
According to the Journal of Commerce, the economy has seen a 3.5 percent increase in the third quarter, making experts believe the recession may soon be over. Economists feel the government stimulus plan helped consumers spend, particularly in the auto industry. Imports of goods grew 20 percent after falling 16.5 percent in the previous quarter while [...] - “European and North American Politicians Are Plotting the Biggest Trade Deal of the 21st Century”
According to CNN, EU and Canadian officials sat down in Prague to begin discussions on a new Free Trade Agreement. Let’s just say, discussions went well because if the other NAFTA countries sign in, this could be the ‘biggest trade deal of the 21st century.’ NAFTA-EU trade would contain nearly 1 billion people and account for $35.2 [...] - U.S Officials Meet In China to Talk Trade
Today, top trade officials from the United States and China will meet in Hangzhou to discuss trade relations between the two countries, according to Business Week. Recent tension has added some much needed topics to the table to discuss, particularly protectionism. Beginning in September, President Obama added 35% duties on China-produced tires. And earlier this month, the U.S. [...] - Webinar: Key Strategies for Establishing an Export Management System
This webinar will demonstrate how to improve your export management program and automate many aspects of compliance including maintaining reference data, screening trade parties, producing documentation and maintaining audit trails – all without having to hire additional staff. The presenters will address key findings from an industry survey on how companies manage export compliance and [...] - South Korea and the European Union Sign Trade Agreement
According the Industry Week, a free trade agreement was signed on Oct. 15 in Brussels. This is the first between the world’s largest single trading region and an Asian nation. Both parties will phase out tariffs on 96 percent of EU goods and 99 percent of S. Korea goods within three years. The Ministry of Knowledge Economy said exports [...] - Prevent Illegal Transactions and Increase Cost Savings with Management Dynamics
Companies engaged in global trade face many challenges. They must manage a large amount of information to establish and remain compliant. The challenge is that global trade content is highly complex and ever-changing. Collecting, cleansing and publishing trade content for all of your trade needs is complicated by the number of countries, government agencies and differences [...] - China – Leader in Global Trade
Anyone surprised by this new report? According to the New York Times, the recession has made companies more conservative on price. So now, these companies are looking to Chinese suppliers, who have reduced prices, making it possible to grab the majority of the market share. Companies around the world are switching to China to cut costs [...]
Stay updated on our Global Trade relations via our RSS feed