A Practical Guide to Start Importing and Exporting in Latin America: Requirements and Key Strategies

Introduction International trade is one of the most dynamic and rewarding business ventures available today, and Latin America has emerged as a region of vast opportunities for small and medium-sized enterprises (SMBs). Whether you are looking to import unique products or expand your market by exporting your goods, understanding the complexities of international trade is … Read more

The Role of Incoterms in Facilitating Global Trade

As globalization advances and trade barriers continue to diminish, international trade has grown more intricate. The complexity of navigating different legal systems, diverse trade practices, and various logistical challenges makes a standardized understanding crucial. This is where Incoterms – or International Commercial Terms – come into play. Serving as the foundation of international contracts of … Read more

Revisiting Global Trade: A Pragmatic Approach in a Rapidly Changing Landscape

The Evolving Global Trade Landscape The global trade landscape has been rapidly evolving, influenced by a multitude of factors such as geopolitical shifts, technological advancements, and recent global events like the COVID-19 pandemic. This has led to a shift in traditional trade relations and the forging of new alliances and partnerships. The United States, for … Read more

The Impact of International Trade on the US Pork Industry and Economy

The Importance of International Trade for US Pork Producers In honor of World Trade Month, it is essential to understand the significance of international trade for US pork producers and the US economy. The National Pork Producers Council (NPPC) emphasizes that US pork farmers have built a global reputation for providing high-quality, safe, and affordable … Read more

The UK’s New Trade Frontier: Joining the CPTPP Post-Brexit

The United Kingdom’s decision to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) marks a significant milestone in its post-Brexit trade strategy. By deepening ties with the Asia-Pacific region and diversifying its trading partners, the UK aims to expand its global trade links and boost its economy. This article explores the opportunities, challenges, … Read more

International Trade Evolution: Creating Opportunities for Workers Through Cooperation and Fair Policies

In a world where international trade is evolving due to COVID-19, climate change, geopolitical conflicts, and rapid technological shifts, workers face increasing inequality, poverty, and decent work deficits. As trade wars and global risks converge towards a potential “poly-crisis,” fostering equitable globalization and establishing mutually beneficial relationships between trade and labor is more important than … Read more

The European Union and International Trade: A Journey Through History, Present Challenges, and Future Opportunities

The European Union (EU) has played a pivotal role in shaping the global trade landscape since its inception. Over the years, the EU has evolved from a primarily economic partnership into a political and economic powerhouse, influencing international trade policies and establishing strong trade relationships with countries across the globe. In this article, we will … Read more

The Expanding Horizon: International Trade and the Growing Partnership between the European Union and NAFTA

Strengthening Ties between the EU and NAFTA In recent years, the landscape of international trade has been rapidly transforming. With globalization and technological advancements, countries have become more interconnected than ever before. This interconnectedness has led to a surge in the number of trade agreements between various countries and trading blocs, such as the European … Read more

Decoding International Trade: A Comprehensive Guide to Abbreviations and Their Meanings

In this article, we will explore the most commonly used abbreviations in international trade, providing you with a thorough understanding of the terms and their implications. Each abbreviation will be concisely explained in one or two paragraphs, giving you a clear and accessible resource for navigating the complex world of global commerce. Read on to … Read more