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Are Your Customers Moving Offshore?

Posted May 29, 2010 8:07 AM

The current U.S. government administration and the Department of Commerce are actively studying how to get more small- to medium-sized businesses to export over seas, including the consideration of several new trade agreements. Are you a small or medium business, or a larger company with more than $500 million in annual sales? Do international trade agreements have any bearing on how or where you sell your goods?

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Anonymous Poster
#1

Re: Are Your Customers Moving Offshore?

05/30/2010 3:38 PM

Most definitly Trade agreements are taken into consideration. You want to look at a favorable country to the US. in case of any disputes, how they treat them and are they impartial. You should havea partner in your respective country, always helps to pave the way, the fees have always been worth every dollar. Look for Tax credits and incentives from US. as well as your trading country, watch our dollar in relation to their currency always need to take the currencies into consideration. If you do your homework ,like you would for a prospective customer in the states you should do nfine. I can go on with regard to the steps, just become informed about your trading partner, information won't hurt.

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Re: Are Your Customers Moving Offshore?

05/31/2010 12:57 PM

Trade agreements are a factor, but several impediments of a non-business nature are substantial obstacles:

1. Tax code makes it very difficult and expensive to send your people overseas equitably.

2. Congress makes excessive use of trade sanctions and embargoes, and they change constantly.

3. Technology is almost unexportable at this point. The safest tech export you can do is one already available in the destination country - and the point of that?

Other examples come to mind - but my point should be made.

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