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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Commercial letters of credit have been used for centuries to enhance payment in international trade. It is a contractual agreement between banks, known as the issuing bank, on behalf of one of its customers, authorizing another bank, known as the advising or confirming bank, to make payment to the beneficiary.
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You should consider registering your mark in any country in which you currently offer your products or services under that mark. You should also consider filing in those countries where you intend to use the mark for your products or services in the future. The use of a mark is not a prerequisite for filing an application in most countries; however, some countries do have use requirements.
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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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It’s your responsibility to monitor trademark registrations that might conflict with your registered mark. An intellectual property attorney or trademark monitoring services can help this process.
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In the real business world, intellectual property is everywhere. People and businesses know what their brand is, but not always how to protect it in Cyberspace or internationally. A brand, which normally will be in the form of a logo, can be words or pictures in a certain font, color or color scheme. The brand associates the business with a feeling style or sound.
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