Global Chamber® keeps the global community updated on trade developments. The United States, Canada and Mexico signed a trilateral agreement as part of the renovation of the North American Free Trade Agreement on November 30, 2018. The negotiators from all three countries deserve high praise for their efforts to conclude the deal at a rapid timing and tempo. It is important … [More]
Staying in Compliance with International Employment Law
Hiring employees to work for your organization in parts of the world where you don’t have an in-country entity is risky behavior — if you’re not prepared. There are several reasons to hire globally, whether you’re exploring expansion into a new market, hiring talent that isn’t available where you have an entity, or to support a specific venture or project. Often, the need for … [More]
More Market Opportunities: The Country of Georgia
Thank you Georgia Ambassador to the U.S. David Bakradze (pictured), who recently spoke at Global Chamber®. We were inspired to write this backgrounder article on opportunities for companies in Georgia. While the entire Black and Caspian Sea region is thirsty for investments, technology, know-how, goods and services, Georgia has a special place in terms of transparency and ease … [More]
On International Benefits, including Insurance
An overlooked employee group can be those employees traveling or working outside of corporate headquarters. These employees have needs for life, health, accident, disability and international travel insurance just as do those who work in the home office. However, those needs are likely not met by the insurance carrier used by the employer’s home office due to their unique … [More]
China’s Opportunities Outweigh the Challenges
The 124th annual Canton Fair took place in October this year (2018), and it was bustling with buyers and suppliers! There is no doubt that this is the place to go for product and manufacturer sourcing of nearly any type. The Canton Fair has been taking place yearly since 1957. It started as a small tradeshow and has grown to be one of the world’s largest and most influential … [More]
Ticket to Paradise: Our Global Real Estate Market
“Arizona continues to attract new residents and companies due to lower taxes and a friendlier business climate,” per Forbes in April 2018. True enough, and there are numerous other factors supporting Arizona’s transformation as a thriving location for site selection across the globe. There are a variety of factors. An educated workforce with a broad spectrum of universities … [More]
Member Success in Metro Phoenix
One of our favorite Phoenix-area events celebrates our amazing Global Chamber® “global tribe” with special emphasis on new companies and executives. This summer, we were treated at our Welcome! Adapt! Thrive! event to some of the first public comments by the new dean and director general at Thunderbird School of Global Management, Sanjeev Khagram, Ph.D. Dean Khagram comes to … [More]
Avoid These Exporting Pitfalls
We were pleased to recently host three extraordinary top executives speaking about opportunities and challenges with product exporting. The process includes complications in compliance, ethics, communications, insurance, currency, intellectual property rights and competitive pricing. We discussed common pitfalls of new exporters and how to deal with those issues that are often … [More]
Stay Up to Date on Trade
The United States announced this summer that the U.S. Trade Representative has been asked to “identify US$200 billion-worth of Chinese goods for additional tariffs at a rate of 10 percent.” This is a new tariff initiative following recently announced tariffs of 25 percent on US$50 billion of electronics and other imports. This new round of tariffs is directly related to China’s … [More]
China’s Belt and Road Initiative
The Belt and Road Initiative is the largest initiative of the 21st century in terms of projected impact and given the strong political and financial drives behind it. The Chinese have called this initiative a bid to enhance regional connectivity for a brighter future; others have called it a push by China to create for itself a global role and to position itself in the middle … [More]
Update on GDPR – General Data Protection Regulation
Do you have customers and partners in Europe? Are you actively marketing your business in Europe? Are you transferring personal data from Europe to the U.S.? If you answered ‘yes’ to any of these questions, you’ll want to watch our video and discover how the General Data Protection Regulation will impact your organization. The new regulation started on May 25, 2018 — and … [More]
Update on NAFTA by Dan Ujczo of Dickinson Wright
Global Chamber® encourages you to stay in touch with the latest on trade wars and tariffs throughout the fall and for as long as the United States continues to disrupt global trade with China and the EU, and even with Mexico and Canada. Member Dickinson Wright has been alerting us as the United States Trade Representative announces tariffs and other sanctions, country by … [More]
More Global Resources and Information
We’re all busy! You very likely don’t have enough time to invest in cross-metro, cross-border and global growth in a way that matches the relative opportunity for your business. We know because we speak with hundreds of companies every day, and many members and most non-members are under-invested in global business. It’s been that way forever, and now at least many … [More]
Breaking Glass Ceilings: Emerging Leadership for Women
Progress toward gender equality varies in momentum around the world, and many nations still lack the social infrastructure and understanding for women to hold leadership roles. Despite facing backlash from their societies when choosing to pursue professional careers, many women have still managed to emerge as business leaders in countries with some of the widest gender gaps. In … [More]
Tips to Grow across Metros and Borders
Global Chamber® makes it easier for our members to connect to opportunities across metro areas and borders. In today’s busy world where everyone is running a mile a minute, you need something to stand out from the crowd to get noticed: an amazing technology, a world-class product and/or a little warmth. With one, two or three of these, you’ll more easily reach new clients, new … [More]
Global Trade Is Changing Phoenix Metro
With 85 percent of business growth happening outside of the U.S., and more than 99.7 percent of new business being created outside of Arizona, more and more companies and communities are accessing new global opportunities. That’s why we’re here — helping members of Global Chamber® access new opportunities. Last month, Jeanine Jerkovic, director of Economic Development for … [More]
It’s Time to Get Involved with Global Business
Most business opportunities are somewhere else, not in your town, state or even country! Metro Phoenix, for instance, represents less than 0.3 percent of global business activity. More than 85 percent of new business opportunities are outside the U.S. And yet fewer than 1 percent of companies are going after that 85 percent, because fewer than 1 percent of companies export and, … [More]
Selecting a Distributor in a Foreign Country
Going with the big, established distributor isn’t always the best strategy. Relationships matter, but not always like you think. Jokari, a U.S. manufacturer of kitchen and household gadgets along with storage and organization products, utilized a large, established distributor in Japan and enjoyed some success. When three key executives of the distributor decided to leave and … [More]
