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For all the talk about Canada being a trading nation, we aren’t when it comes to small and medium sized enterprises. While SME’s account for roughly 95 percent of all companies in Canada, and create 65 percent of all jobs, Canadian SME export rates are at less than 2 percent.
A dedicated logistics supervisor with a passion for supply chain management and international trade, Illia has developed a wealth of experience in major international corporations around the world. He has worked in many countries in North America, the UK, Europe and the Commonwealth of Independent States (CIS) over the course of his seven year career in global trade.
Canadian exporters begin international negotiations with a negotiating deck already stacked in their favour, but this is an asset that many are not aware of.
When President Obama announced in April that the U.S. State Department would finally be taking Cuba off the list of state sponsors of terrorism, it set in motion a sense of optimism that diplomatic relations and trade would soon go back to normal with the Caribbean island country. However, US – Cuba trade is off to a slow start.
There is no doubt that the continent of Africa is a land rich in opportunities for international businesses. With an abundance of natural resources, some of the world’s fastest growing economies, and booming demand for technological growth, it’s not hard to see why businesses look to succeed in Africa.
The United States stands to benefit in trade from the growth of Asian economies such as Vietnam and Korea, British bank HSBC said in a report in late May. U.S. trade is expected to benefit strongly from an uptick in growth in China, Vietnam, India, and other countries in Asia.
I first became interested in trade during my time at business school in the Netherlands. The experience opened my eyes to many of the non-tariff barriers that enterprises face in reaching export markets and how businesses from a “small country” can actively participate in international trade. Now I am leveraging my experience and education for trade impact.
It takes two to tango, and (at least) two parties to make an emerging markets deal. To set the stage for successful emerging market partnerships, there is a lot of work that has to be done.
With over a decade of experience working with international clients and managing business finances, Kiran is committed to excellence in her work and continuing to develop her career as a Job Cost Administrator.
Ann Archer, CITP|FIBP, is an International Logistics Specialist for General Dynamics Land Systems – Canada (GLDS-C), a company based out of London, ON which manufactures light armoured vehicles (LAVs) and provides full fleet life cycle support including upgrades, repair services and training.
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