Silver bullet for helping small businesses trade: Plurilateral agreement on de minimis
On February 11, 2016, the US Senate passed the Trade Facilitation and Trade Enforcement Act of 2015, which, among other things, raises the threshold for de minimis – the maximum value of an import that is exempt from customs duties and complicated rules of origin – from $200 to $800. This move should help especially for micro- and small businesses and individuals that use ecommerce to import single shipments and small parcels. It is now time to raise these levels internationa
Using Social Impact Bonds for Ecommerce Development - How The Global Fund For Ecommerce Is Helping E
This article first appeared in: http://www.gereports.com/kati-suominen-how-to-help-entrepreneurs-in-developing-countries-enter-the-ecommerce-era/ By bringing together public- and private-sector support for digital trade, the Global Fund for Ecommerce could help developing country entrepreneurs go global. Ecommerce has emerged as a powerful driver of economic growth, inclusive trade and job-creation worldwide. Yet while research shows ecommerce dramatically increases the odds
Growth Capital Gap Vital to Debate on Trade Finance Gap
As governments around the world look to small and mid-size enterprises (SMEs) as engines of growth, trade and job creation, a thorny challenge stands in the way: hundreds of billions of dollars of pent-up demand for trade finance. This financing can be used as export working capital that enables a company to purchase labor and inputs to fulfill a specific export order. Or it can be used as supply chain financing that helps the company get paid faster for its export shipment t
