Posts in Business News
Cuba: Women In Business
Cuba: Women In Business

Part of the reason why travel to Cuba is so expensive now that the travel and trade bans have been modified is that the embargo that was placed in the year 1961, is still very much codified in U.S. legislation. As a result, there are a number of regulatory restrictions in place that are projected to take several more years to dismantle. While these regulations are in place, all business people interested in doing business in Cuba have to carefully side-step the minefield of restrictions – which can be a slight deterrent to commerce.

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Foreign Policy, Foreign Trade, Women, Opinion Pieces, International Business, Business, Business NewsTEIL Firms, LLCWomen, Women In Business, Cuba, International Business, International, International Trade, International Trade Agreement, International Law, Global Trade, Global, Global Economy, WorldComment
Bank Guarantee VS Letter Of Credit
Bank Guarantee VS Letter Of Credit

For example, a letter of credit could be used in the delivery of goods or the completion of a service. The seller may request that the buyer obtain a letter of credit before the transaction occurs. The buyer purchases the letter of credit from a bank and forwards it to the seller's bank. This letter substitutes the bank's credit for that of its client, ensuring correct and timely payment.

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Transaction, Market, Business, Business NewsTEIL Firms, LLCBank, Bank Guarantee, Letter of Credit, Credit, PayPal, Transaction, Finances, Business Practice, Best PracticesComment
Made In China?
Made In China?

The main contributor to the Chinese GDP is manufacturing. “Made in China” used to mean “low-cost labor stuff.” China has now transformed itself and although fewer products may be made in China, they are still within the region and Chinese products will be slightly more expensive.

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Business News, Foreign Policy, Foreign Trade, International Business, International Law, Opinion Pieces, PoliticsTEIL Firms, LLCInternational Law, International Branding, International Buying, International Intellectual Property, International Business, International, International Trade Agreement, International Trade, China, Global Trade, Global, Global Economy, World, Made In China, Government, Opinion PieceComment