A special interview with Global Security Consultant and Political Risk Expert, Paul Crespo This is the first in a series of posts dealing with global security and risk management. While companies doing business internationally generally protect themselves against numerous risks, political risk is often ignored or accepted as fate. While there are many ways to manage and … [Read more...]
What Psychology Can Teach You About Global Outsourcing.
Just yesterday I received a call from a businessman looking to outsource a good part of his company’s assembly operation to another country. While I would prefer that the company keep its operations division close to home, I understand the realities of today’s global market. In a world where a company’s success hinges on the slimmest of margins, every penny that a business … [Read more...]
Brazil Joins the Convention on Contracts for the International Sale of Goods (CISG). It's About Time.
It's almost everyday now that I get an email or phone call from a Brazilian investor looking to do business in the U.S. (usually in Miami) or a U.S. investor looking to do business in Brazil. It's not exactly a surprise given the enormous trade numbers the two countries are putting up---$100 Billion in 2011 alone. Presently, the rules for entering into an international sales … [Read more...]
Worried About Your Global Supply Chain? Then You Must Check Out Create.org.
For any company concerned about the integrity of their global supply network, there's a great post over at the venerable China Law Blog by Dan Harris. The post, Improving The Global Supply Chain: Create.Org highlights Create.org, “a non-profit organization dedicated to helping companies and their suppliers and business partners reduce counterfeiting, piracy, trade secret theft … [Read more...]
Enterprise Florida’s International Trade Leads Program: A Great Place to Discover International Business Opportunities.
With the Dow reaching an all-time high today, Americans are feeling a lot better about the state of the economy—more so than they have in nearly a decade. This coincides with a recent Gallup poll that found Americans are also feeling better about international trade. According to the excellent International Economic Law and Policy blog, the latest trend can be attributed … [Read more...]
International Licensing: An Alternative to Forming a Foreign Corporation.
I received some feed back in reference to yesterday's post, The 5 Key Factors You Must Consider When Establishing a Foreign Corporation. It seems I left some readers with the impression that forming a foreign corporation was not worth the risk given all the legal issues that must be addressed. While I did not intend to scare anybody who is considering establishing a … [Read more...]
The 5 Key Factors You Must Consider When Establishing a Foreign Corporation.
The other day I received a call from someone looking to form a corporation in Brazil. This person was shocked to learn that Brazil is among the most difficult countries in the world in which to incorporate a business. In fact, according to the World Bank’s annual Doing Business Report, Brazil was ranked no. 121 in ease of starting a business. … [Read more...]
Individual Liability for Foreign Subsidiary Misconduct. The Logical Next Step.
Yesterday's post centered on how important it is for U.S. companies to keep tabs on their foreign subsidiaries. Well, the Conglomerate blog has an excellent post on the increase of foreign subsidiaries that have entered guilty pleas with the U.S. government for misconduct that took place after the financial crisis. What's interesting about the rise in foreign subsidiaries … [Read more...]
Clean Energy Cases Are Heating Up the World Trade Organization.
I'll be heading to Washington, D.C. next week to meet with White House officials and members of Congress to discuss the President's clean energy agenda. So it's no surprise that I’m a big advocate of the global clean energy industry, which last year alone generated almost $269 Billion in international business. In somewhat of a tribute to the growing importance of clean … [Read more...]
U.S. and E.U. Trade Negotiations: A Complete Waste of Time?
Last month I wrote about the Obama Administration’s plan to negotiate a U.S. and E.U. Free Trade Agreement in the next few years. Lots of folks think its an excellent idea. And so do I. However, there is at least one commenter who thinks that U.S. and E.U. trade negotiations is a terrible idea. … [Read more...]