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 […]

To understand the value and impact of international trade policy, we must first focus on the impact of national and bilateral trade policy.  Trade policies, in general, define the standards, goals, and rules and regulations of trade agreements between countries. […]

Trade barriers are divided into 3 main categories, which consist of natural barriers, tariff barriers, and nontariff barriers. These barriers influence global trade between businesses and governments and have direct impacts on trade agreements between such parties. They are also […]