Free trade agreements between two countries not only create better business expectations for large companies but also offer numerous benefits for developing and strengthening exporting SMEs.
The TPP concentrates 40% of the global economy and 11% of the population. Twelve countries participate, led by the United States and Japan.
Several countries in Latin America have Free Trade Agreements (FTAs) in place with South Korea, presenting great opportunities for producers in the region. Discover which are these countries and the advantages that FTAs have to offer.
The 1947 General Agreement on Tariffs and Trade (GATT) and the 1995 agreements of the World Trade Organization (WTO) have defined the international trade systems currently in force. These treaties implemented a complex system of tariff preferences for products from certain countries that exporting SMEs in Latin America and the Caribbean could benefit from.
If you haven’t exported your products to the United States (U.S.), consider this: The U.S. maintains free trade agreements with 12 nations in the Americas and is Latin America’s largest trading partner. Here’s how to determine if it’s the right export market for your SME’s products.
The access conditions of the selected market can determine the success or failure of an export plan. They need to be evaluated carefully.
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