8,55 million people live in Israel. About 1/5 of the population is Arabic, and ¾ is Jewish. It is one of the few Middle Eastern countries that is a low-risk country when it comes to doing business. The country is 31st in the world in terms of GDP. Israel’s largest economic partners are the United …
The United States is considered one of the top world economies in both export and import. Their largest trade partners are China, Canada, Mexico, and the European Union. In the latter case, the top three types of goods imported from the US are aerospace products, electronic parts, and pharmaceuticals. Below you can find all you …
Every country has its ways of conducting business. Formalities typical in your motherland can be considered rude in another, so make sure to educate yourself on the expected business etiquette before meeting with your foreign partners. In India, English is the language used when doing business, but the culture is entirely different from Western countries. …
Solar energy is one of the most efficient sources of clean energy. It represented the second-largest absolute generation growth of all renewable technologies – the solar PV generation increased by 22% in 2019. The photovoltaic market is continuously developed, and the cost of panels is getting lower over the years. We present you essential information …
International Chamber of Commerce (ICC) is the world’s largest trade organization. It associates chambers of commerce of individual countries, as well as trading, financial, and transport organizations. More than 45 million companies from over 100 countries are already members of the ICC. It aims to represent the interest of entrepreneurs from all over the world …
India, called “the world’s largest democracy,” is one of the fastest developing countries globally, experiencing rapid economic development. With its current economic growth, India is believed to be the most populous country in the world with a young population and the third-largest economy in the world by 2030. India is a prospective market; thus, imports …
A number of so-called special economic zones (SEZ) have been established around the globe. Each of them constitutes an administratively separate part of a country, where business can be conducted on preferential terms. We present special economic zones of the world. Special economic zones – origins Special economic zones usually cover the areas of important …
The ISF 10+2 (Importer Security Filing) is a US Customs and Border Protection rule that obliges the importer to submit information about cargo imported by sea to the United States. In theory, the importer is responsible for the ISF 10+2 document, but in practice, this issue is in the exporter’s hands. As an effect of …
Even though the container revolution, which depended on standardization of container dimension, began a new era in the world of global logistics, it did not solve all the problems faced by shippers. There are situations in which cargo is so big and bulky that it is not easy to fit it into a standardized container. …
CITES (Convention of International Trade in Endangered Species of Wild Fauna and Flora) is a multilateral treaty regulating the trade of more than 35 000 species – about 30 thousand species of plants and 5600 species of animals. One hundred eighty-three countries have signed the Convention. CITES brings attention to a global problem that illegal …