05/06/2015

4 lessons learned from famous market entry failures

Occasionally, huge companies fail in new markets. Just because a company may have an internationally recognized and respected brand does not mean that it is invulnerable to failure when it tries to enter a new space.

Here are some of the most famous market entry failures of the past few decades, and the lessons to be learned from them.

04/06/2015

International businesses beware, the U.S. has entered a new era of sanctions enforcement

Make no mistake about it – sanctions enforcement is here to stay. We are at an important crossroads – the Department of Treasury’s Office of Foreign Asset Control is flexing its compliance enforcement muscle, along with the criminal prosecution capabilities of the Department of Justice.
In the years to come, we will look back on these days as the beginning of a new era of sanctions enforcement.

02/06/2015

The top 3 myths about going global

It’s important to separate facts from myth; for global business in general, and international markets expansion in particular. Here are the top three myths about going global that people seem to believe.

28/05/2015

Exporters and Rules of Origin: Get in on NAFTA’s benefits and avoid heavy penalties

The “Rules of Origin” under NAFTA are the criteria used to determine the country of origin of a product that is being imported or exported within the NAFTA region.
As part of NAFTA, the United States, Canada and Mexico (the “Parties”) have all agreed to reduce and/or eliminate tariffs on goods that originate from their respective territories. However, the Parties continue to apply significantly higher tariffs to goods that do not originate in one of the NAFTA countries.