Geographical indications are words that identify a product originating from a particular place: for example, “tequila”, “champagne” or “parmesan”. The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) sets out international rules that apply to these terms. By means of example, when a name becomes generic it is free to use.
There are several reasons prompting a firm to sell its products in the international market. It is not difficult, but as most things in business, it requires adequate preparation and training. Although creating an export business plan does not in itself guarantee success, it minimizes risks and optimizes operational efficency.
Online payment tools are an easy and safe way for buyers and businesses to make and receive payments over the Internet. It is an essential e-commerce tool for SMEs seeking to place their products overseas.
Dispute settlement mechanisms before the WTO only allow members of the Organization, and not private parties, to bring actions for breach of international trade regulations. However, SMEs in developing countries can benefit from their governments’ actions in this regard.
SME owners will obtain more benefits if they decide to expand internationally than if they place production only in the domestic market. They can diversify client portfolio and be less exposed to commercial and financial risks.
Participating in an export consortium enables producers to combine knowledge, financial resources and bargaining power. Small and medium-sized enterprises can overcome the high logistics costs involved in penetrating foreign markets.
A report by the Inter-American Development Bank reveals the results of an initiative carried out in Ecuador to develop quality control mechanisms for the mango crop. It also reports on the development of the country brand called Ecuador Calidad de Origen (Ecuador Quality of Origin) as a means to improve access to the U.S. and European markets.
The United States of America, a country with almost 314 million consumers, offers excellent opportunities for Latin American and Caribbean producers. In recent decades, the U.S. experienced a considerable increase in the consumption of food from abroad.
Most products travel in containers of uniform size and shape. Choosing an adequate container, reviewing its condition and securing the merchandise are some tips for safely shipping goods to their destination.
The theater play “Ex-Que revienten los actores”, sponsored by Uruguay XXI and directed by director and playwright Gabriel Calderón, premiered with the original cast at the Quartiers D’Ivry Theater in Paris and at the International Theater Festival in Santa Cruz de la Sierra, Bolivia.
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