Day: July 3, 2020

Blog: Brexit And Its Implications On Global Trade Management

Blog: Brexit and its Implications on Global Trade Management

Earlier this year the public of the British empire had the chance to vote if they want to stay a part of the European Union or if they are in favor of the Brexit (British Exit from the EU).

The vote was close. About 52% of the public voted in favor of the Brexit. Great Britain will leave the European Union but the entire process of exiting the EU will take about 2 years. That means not Great Britain and the EU got 2 years to set up processes and rules to prepare for that day. It also means companies involved in Global Trade to and from Great Britain do have 2 years to prepare for the new scenario.

Blog: E-commerce And Global Trade Management Solutions

Blog: E-Commerce and Global Trade Management Solutions

In the past 10 years E-Commence was booming and the global E-Commerce market was growing rapidly. In 2015 the global E-Commerce market had an estimated size of $1.6 trillion. In 2014 in the US more than 520 million E-Commerce based packages were sent and the growth of the market does not slow down. The global E-Commerce market is projected to triple in size in the next five years. Big drivers of this development are countries like China, Brazil and India with its growing middle class.

Blog: Mr. Rudolf Cheung Pleads Guilty

Blog: Mr. Rudolf Cheung Pleads Guilty

Mr. Rudolf Cheung pled guilty this week to violating the U.S. Department of State, Arms Export Control Act (AECA). Mr. Cheung, a Massachusetts resident, was found conspiring to illegally export 55 antennae with military application, from the U.S. to Hong Kong and Singapore.