In the early 1990s was a closed market and it has gone a long way since then to become an important player in the international trade scene. The country is one of the fastest growing economies in the world with a growth rate of 8-10%. This rate in combination with the large market in India makes it a desirable trade partner for many other countries. The European Union, for example, is looking to establish a Free Trade Agreement with India - negotiations started in 2007 and the agreement is expected to be finalized by the end of this year according to EU trade commissioner Karel De Gucht.
globalEDGE Blog - Page 267
Publish Date:
One of the major trends around the world right now is creating healthy products. Recently the world’s favorite morning beverage is doing just that! Coffee is consumed all over the world by all different types of people, so it has amazing potential for business.
Publish Date:
What do and have in common? They are both involved in the production of a triple junction amorphous crystalline solar cell. In layman’s terms, solar energy. These roof-mounted solar cells will generate much more electricity than silicon because of it is lightweight and flexible structure which holds up more efficiently in real-world conditions.
Publish Date:
Poultry farmers all over the globe are running into serious problems with the waste from chickens, which is real trouble when it gets into the water supply. Years back John Logan, a farmer from Prentiss, , noticed the same problem. he recalled, "I said, 'I got to do something.' I can't be putting this on the ground. Now, I have a river right here. What's to happen when that phosphorus overload washes into the river, which then ends up in the Gulf of Mexico?"
Publish Date:
While Vietnam’s largest export is textiles, seafood is often overlooked as another crucial product to Vietnam’s economic well-being. In June 2009, Vietnam and Japan signed the Vietnam-Japan Economic Partnership Agreement, which effectively reduced and eliminated tariffs on a number of Vietnamese goods, one of which was dried seafood. In the past, high prices had deterred other Southeast Asian countries from buying Vietnamese seafood, but the tariff cuts, coupled with overall increased demands, have in Vietnamese seafood exports.
Publish Date:
The U.S. Commercial Service recently opened registration to its ! Based off of the best-selling book A Basic Guide to Exporting, these webinars are designed for those interesed in taking their business international. The webinars require a paid registration to access, and registration is time-sensitive.
Publish Date:
McDonald’s Corporation is in Shanghai as a place to train the latest generation of managers. This decision is influenced by the fact that China is McDonald’s fastest-growing global market, increasing 10 percent annually. Part of this growth is because collectively, Chinese spend nearly 300 billion dollars a year on eating out at informal restaurants.
Publish Date:
Do you want to go out to eat? People around the world are saying “yes” to this answer, but are finding different venues to satisfy their hunger. In fact, you might be surprised to hear that 20% of the world’s food venues are street vendors! Did you know that of the 10 largest markets in the world in the food services industry, five are in East Asia? The industry is making some major shifts which are also specific to geographic location.
Publish Date:
Who knew a volcanic eruption in could put such a damper on things? As airports throughout Europe shut down flights due to the volcanic ash, many business professionals are coming to the realization that they aren’t going to make that 2 o’clock meeting.
Publish Date:
As the world is becoming more globalized, there has been a change towards internationalization in the industry as well.
Traveling abroad for business is an essential part for many professionals. Also, since business men and women from different parts of the world work together on many occasions, it is only natural that they share and spread different cultures. This is very strongly pronounced in the way taste preferences around the globe have changed.