International business expansion guidance and advice
Trade Horizons’ Market Entry Blog
Our market entry blog covers a range of topics relating to international business expansion. Articles tackle many different subjects, including the initial planning and preparation stages of growing your business, advances in technology you can take advantage of, through to sales & marketing, packaging and branding advice. Written by leading experts in their field, you’ll be sure to find something of interest and real-world practical advice if you are looking to grow your business around the world.
Latest Articles
Oct #3 Update: Singapore FDI, Korean FDI to tax havens, Nigeria diversification, UK CPTPP, Indian carmakers
Singapore is the second easiest country to do business in according to the OECD’s Ease of Doing Business Report and had always held top spot until being overtaken by New Zealand in 2018. It is the third smallest country in Asia and is 8th in the world attracting FDI, the most in Asia relative to GDP. In 2022 Singapore so far has attracted $US74 billion FDI which represents 21% of its GDP. Regarding investor protection Singapore ranks highly compared to Asia, the US and Germany.
Oct #2 Update: No India NZ FTA, No UK FTAs, Australia UK supply chain partnership, Reviving the Commonwealth, UK India FTA backtrack, Korean FDI, China suffers, US cities, US regulates outward investment.
New Zealand and India have decided to cease free trade agreement discussions in favour of ‘business collaborations.’ Indian External Affairs Minister Jaishankar said that they wanted to now encourage more business collaborations without a free trade agreement. New Zealand Foreign Minister Nanaia Mahuta said the fta was no longer on her Government’s list of priorities.
Oct #1 Update: French employment rules, US electric vehicles, FDI North England, India FDI, Truss and net zero
Currently French law says that French employers must reimburse employees for 50% of the cost of travel between their residence & place of work. Apparently since COVID 30% of HR Directors have received requests from employees to move further from their place of work. A decision in July reinstated the rule that no matter the place of residence, 50% of travel costs must be reimbursed.
#4 September Update: UAE-South Korea trade, Vietnam transition, India-UK FTA, EU_Australia trade, Canada-EU trade, India investor protection, Sub-Sarahan African debt, South Africa MFN clause
Non-oil bilateral trade between UAE and South Korea has grown 19% in the first quarter of 2022 to $1.3 billion. The UAE is the only country in the Middle East which has a special strategic partnership with South Korea. South Korea invests $2 billion in the UAE and UAE invests $637 million in South Korea. The UAE has 100 double taxation treaties and 67 bilateral investment treaties and 40 freezones with benefits such as tax incentives and exemptions, 100 per cent business ownership without the need of a national agent and long-term visas.
#3 September Update: Lithium demand, ESG in Asia, Crypto tax, Fortress China, Cyprus FDI regs, Vietnam FDI
China currently processes 90% of the world’s rare earths and 60% of lithium. Lithium is a crucial component in electric car battery manufacturing. Europe is implementing the European Critical Raw Materials Act to avoid falling into the oil & gas trap where it is completely dependent on other countries for its energy. But at the same time has decided to deem three lithium salts as “known human reproductive toxicants,” which makes things even more complicated. China dominates global lithium processing and therefore supply. Prices have risen 50-90% in the past year. Europe has decided to take action to diversify the supply chain away from China to avoid future reliance.
E-Mobility: Germany Delegation to Visit UK
Trade Horizons is hosting a business delegation of German e-mobility SMEs to the West Midlands. The delegation will meet with British industry to develop relationships between UK companies, expand existing market activities and learn more about the British e-vehicle ecosystem.
