Many might confuse the acronyms FTA and TFA to mean one and the same. In reality, the two are different but very important trade instruments that are used to spur and enable global economic growth. An FTA is a Free […]

The ongoing Covid-19 pandemic is currently causing an unprecedented global crisis, and its total impact on the world’s economy and trade at large, as well as on the way all people of every country live and work is still to […]

What is the WCO? The World Customs Organisation (WCO) is an intergovernmental organisation that is headquartered in Brussels, Belgium. This organisation’s focus is on the development of instruments and tools on trade topics that includes commodity classification, customs valuation, collection […]

The World Trade Organization (WTO) is the largest international economic organisation in the world. It is an intergovernmental organisation that deals with the rules of trade between nations. The WTO puts its focus on  trade rules  which includes trade in […]

Overview Covid-19 has fundamentally changed the way we live, interact and do business for the foreseeable future. The pandemic has already caused a significant economic impact on the world’s economy – affecting financial markets, tourism, manufacturing, export and import sectors, […]

When you have an established business as a manufacturer of goods, chances are that you already have a supply chain consultant onboard to drive your business. This person has the weight of the business on their shoulders, with important tasks […]

GATT started as a legal agreement between a collection of countries, with the primary purpose of promoting international trade by diminishing or eliminating trade barriers such as quotas or tariffs. The General Agreement on Tariffs and Trade (GATT) came into […]

Valuation’s basic definition as a word is to put a value on something, an estimation of the true worth of an item. This translates to the world of international trade, where the General Agreement on Tariffs and Trade (GATT) states […]