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The United Nations Conference on Trade and Development (UNCTAD), a UN body responsible for dealing with development issues, particularly international trade, lays out a number of Sustainable Development Goals (SDGs) in its 2030 Agenda for Sustainable Development. This framework is essentially a global plan to address three pillars of sustainable development, namely economic, social and environmental; successful implementation will require unprecedented cooperation among all actors at
Which market? When? To what scale? Your expansion overseas or global sourcing strategy should be given at least the same focus, time, and detailed planning as any new business venture, some would argue it warrants even more.
Detailed market research is an essential component of a robust and successful, global strategy and plan. We have access to and utilise a broad range of methods to deliver comprehensive analysis of potential markets and their suitability for our clients.
We undertake what we call regulatory/legal studies or assessments that essentially sees us analysing the regulation that applies to your goods in a certain market(s) and advising what needs to be in place to legally ship them and place them on the target market.
Most if not all companies engaged in global trade will be required to establish and manage relationships with overseas entities, be they suppliers, distributers, fulfilment houses, local professional services companies, etc.
Both the nature of your product or service and its associated regulation in the export market will dictate the level of adaptation it requires before it can be legally placed on that market.
An overseas market launch, executed well, can be a little stressful and time consuming. There are always several concurrent activities underway when preparing for market launch, some strategic but many operational; these can quickly overwhelm teams and leave them feeling like they’re making little progress.