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Contracts in India: Key Points

Contracts in India Key Points

When foreign companies are required to enter into Contracts in India, they often consider using the same models of international contracts than in Western countries, especially those which are governed by the Common Law system, given that, due to historical and political ties between India and United Kingdom -including membership in the Commonwealth- the Indian legal system is based on ... Read More »

Business in Ukraine: Opportunities for Foreign Companies

The current political situation has created new opportunities for doing business in Ukraine because of its progressive approach to Europe and the implementation of important reforms aimed at turning the country into a free economy, washing away, at least, a part of the burden of corruption and oligarchy. Ukraine, a relatively unknown country for many until not long ago, has ... Read More »

Negotiating and Enforcing Contracts in China

Contracts in China

When negotiating and enforcing contracts in China it is important to bear in mind that until a few years ago China did not have private companies or hardly any international lawyers firms. Consequently, the legal system and legal procedures and documents are considerably less developed than in the Western world. However, for companies trading in China, it is essential to ... Read More »

Chinese banquests: 10 etiquette rules

Chinese Banquest

Work and social life tend to remain separate in the West, whereas much of a Chinese person’s social life will be used to further personal and business relationships. In China, some three-quarters of business deals are sealed outside of working hours. Tea houses, Karaoke bars and restaurants can all be locations where discussions and deals are made. Read More »

Keys to doing business in Angola

business in Angola

by Rafael de León* Angola has become one of the most interesting countries to do business in sub-Saharan Africa. Only 12 years ago, on February 22, 2002 , the assassination of Jonas Savimbi (Leader of UNITA, main opposition party) put an end to 27 years of civil war in Angola , ensuring the long-awaited peace and leaving a country in ... Read More »

Business Etiquette in Brazil

Brazil is one of  the countries with greater racial and cultural mix (what is known as a melting pot). It has important communities from Africa, Portugal, Spain, Germany, Japan, Lebanon and other countries. These groups have mixed together and have managed to create a unique lifestyle, with business etiquette rules quite flexible, though should be known by foreign negotiators that ... Read More »

Africa New Opportunities for Business

This report by from the Economist Intelligence Unit examines the potential risks and challenges of the African continent for doing business. Among others the report treats the following topics: • Reasons for economic growth in Africa • The consumption boom • Foreign investment flows • Investments from China Besides the great opportunities offered by Africa there are also risks as ... Read More »

Contract Manufacturing in China

  Contract Manufacturing in China is a decision taken by thousands of companies in recent years. China has become the “factory of the world”. Hundreds of thousands of foreign companies have decided to move production to China and hire local companies that manufacture all kinds of products, at competitive prices, which are then sold on world markets. The relationships between the ... Read More »

Keys to Negotiate in Iran

  Despite its nuclear dispute with the western countries (especially with the United States) Iran is an economic power (No. 17 in the ranking of world GDP) with significant purchasing needs specially in industrial products. Here are some keys to negotiating with Iranian companies. Islamic religion in Iran (Shiites with a minority of Sunnis) plays a major role in society ... Read More »

Africa New Opportunities for Business

This report by from the Economist Intelligence Unit examines the potential risks and challenges of the African continent for doing business. Among others the report treats the following topics: Reasons for economic growth in Africa. The consumption boom. Foreign investment flows. Investments from China. Besides the great opportunities offered by Africa, there are also risks as existing inflation, infrastructure crisis ... Read More »