by Olegario Llamazares* Kenya is the most politically stable country in East Africa: it has never had an open conflict with its neighbours and its country-risk rating C (Coface classification) is better than that of most of the countries in the area. The port of Mombasa is the third largest in Africa. From an economic perspective, it is the leader ... Read More »
Freelance contracts are rapidly expanding across the world. Many companies are choosing to create a workforce based on what works for them, rather than the traditional model of employment. In this respect, freelancers have been a growing segment of the workforce, with many businesses choosing to create a team based on multiple different working relationships: employees and freelancers alike. Due ... Read More »
The widespread use of artificial intelligence (AI) in the most competitive companies is transforming foreign trade operations by automating various aspects of export and import operations. Thus, for example, Artificial Intelligence makes it possible to: Automate repetitive tasks, such as document processing, inventory management or shipment tracking. Optimize logistics processes, improving delivery times and increasing efficiency in the supply chain. Analyze and evaluate suppliers based on performance, quality, pricing and other key factors. Read More »
Software agreements are legal contracts between software developers or vendors and users that govern the use of the software. These agreements outline the terms and conditions of use, as well as any restrictions or limitations placed on the software. Software agreements models and templates can take many different format, including end-user license agreements (EULAs), software-as-a-service (SaaS) agreements, open source licenses, ... Read More »
A Logistics Contract or Logistics Services Contract is a legally binding agreement that deals with freight transportation services such as domestic freight forwarding services, motor carriers, local rail drayage services, domestic water carriers, and others. Almost every business has a relationship with a logistics company that will or should be eventually documented in a formal contract. Nonetheless, a transport contract ... Read More »
Startups represents today the majority of innovative developments and initiatives coming either from the research and development department of big companies or from young entrepreneurs. In the last years the number of startups has increased rapidly and legal aspects –between them contracts and agreements– have appear to support the entrepreneurs ventures. These entrepreneurs make business growth and profit maximization their ... Read More »
The information on the international transport of goods is very relevant for foreign trade operations. For this reason, export and import companies and also those that provide transport services such as logistics operators and freight forwarders must know and properly manage those sources of information in the logistics sector in which they can find out about relevant data of the ... Read More »
Business in Latin America continues to offer opportunities in different sectors, despite the political uncertainty in which many of its countries are immersed. This is evidenced by the investment interest of Chinese and, more recently, North American companies, which are positioning themselves strongly in certain sectors, especially those related to raw materials and natural resources. However, in spite of the ... Read More »
International trade documents templates, either for exporting or importing, are a really important aspect of foreign trade operations, as the wrong or not complete preparation or even the absence of some of them can prevent goods from travelling correctly and passing customs and tax controls at borders, both in the country of origin and, above all, in the country of ... Read More »
Incoterms FCA – Free Carrier is the most used of the 11 Incoterms 2020. According to data provided by the International Chamber of Commerce (ICC), FCA represents approximately 30% of foreign trade operations, followed by CIF (22%) and FOB (20%), which are the Incoterms that have traditionally been used in the recent past. REASONS FOR USING FCA The justification for ... Read More »
