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Central American Integration System (SICA)
The Central American Integration System (SICA) is a regional organization composed of eight countries in Central America. The system aims…
Anti Dumping Duties – Exploring the Rationale Behind
Anti-dumping duties, often referred to as anti-dumping tariffs, are a mechanism used by governments to protect domestic industries. Foreign companies…
BRICS – The Giants of the Global Economy
BRICS (Brazil, Russia, India, China, and South Africa) is a coalition of five major emerging economies. These nations are becoming…
CNC Machining – Unveiling the Truth Behind
From the efficient processes of 3D printing to the intricate detail of CNC machining, modern manufacturing technologies have allowed us…
Free Trade Zone – Opening the Door to New Opportunities
As global markets continue to open up. Free trade zones are taking center stage, allowing businesses to gain access to…
Trans-Pacific Partnership – CPTPP
The Trans-Pacific Partnership Comprehensive and Progressive Agreement (TPP-11) is a major step towards establishing a new framework for international trade….
CARICOM – Community of the Caribbean
The Caribbean Community (CARICOM) is a regional organization that was established in 1973. The goal was to promote economic integration,…
Supply Chain Risks – Towrads Securing Your Procurements
As businesses continue to grow more and more globally interconnected, so do the risks associated with managing the supply chain….
ASEAN – Uniting Southeast Asia
The Association of Southeast Asian Nations (ASEAN) has come to stand as a symbol of regional integration in Southeast Asia….
The European Union (EU) – Where Europe Unites
The European Union (EU) is a political and economic union of 27 member states located primarily in Europe. It was…
On Demand Manufacturing – Towards Speedy Procurements
As the modern economy shifts more and more towards the on-demand model, so too does the manufacturing industry. Companies offering…
Procurement Key Performance Indicators – KPIs
Procurement Key Performance Indicators (KPIs) are critical metrics that are used to gauge procurement performance, track progress, and improve operations….
USMCA – The Best Way to Boost U.S.-Mexico-Canada Trade
The USMCA, or United States-Mexico-Canada Agreement, is a trade agreement between the three North American countries, replacing the previous NAFTA…
DR-CAFTA – Free Trade Agreement
The Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) is a major milestone in establishing free trade. It will create economic…
Duties and Tariffs
Duties and tariffs are the terms for levies that the Governments impose on imports and exports. These terms are usually…