CAREC Institute’s Post

During the G7-B7 meeting in Reggio di Callabria last week, as a representative of the BDI, I had the opportunity to emphasise the importance of SMEs in Germany as the backbone of our economy. The Italian hosts strongly supported this view. We agreed that we need to reduce bureaucracy and cut back on superfluous certifications and regulations. Sustainability and resource conservation are of vital and global interest to us all. Nevertheless, this global challenge may not lead to new barriers to trade, as trading partners should be included according to their ecological and social potential. We cannot impose our high standards on all partners equally, but we can encourage them to do so. The question how to protect SME's from overwelming bureaucracy and the related costs remained unanswered. I strongly emphasised to rather use this money for innovation and transformation.

Before 2018, only 17 free trade agreements (#FTAs) had ever referenced voluntary sustainability standards (#VSSs). By 2023, that figure had more than doubled. What is driving this trend? Will it lead to more sustainable trade? We teamed up with ISEAL to answer some of the key questions trade policy-makers may have about integrating VSSs in FTAs. Read now: https://lnkd.in/eiTRZt6d We’ll also be hosting a webinar on May 14 to delve deeper into why more and more FTAs are referencing VSSs and how this integration has played out in practice. Register now: https://lnkd.in/etEzSPmf Steffany Bermudez | María Florencia Sarmiento

At the G7-B7 summit, our CEO Mathis Kuchejda emphasized the crucial role of SMEs in Germany's economy and the need to reduce bureaucracy. Sustainability is vital but should not create trade barriers; instead, we should encourage partners to meet high standards. He highlighted the importance of investing in innovation and transformation rather than bureaucratic costs.   At SCHMIDT + HAENSCH we are committed to sustainable growth. Let’s reduce hurdles and foster innovation together.   #SchmidtHaensch #G7

[International Trade Forum] Switzerland has signed numerous free trade agreements (FTAs) with various states, offering significant advantages to exporting companies. However, navigating these FTAs can be complex due to their diverse nature and evolving rules of application. Switzerland Global Enterprise organise tomorrow the International Trade Forum, where experts will delve into this topic, providing a comprehensive overview of the current scenario and anticipated developments. Gain valuable insights from Swiss companies sharing their experiences and associated challenges. CleantechAlps is happy to make entries available to its network. First come first served, write en e-mail to laura.schwery@cleantech-alps.com Don't miss out on this opportunity to stay ahead in international trade: https://lnkd.in/dCMZ7-ss

Today we celebrate the 1st anniversary of the Australia-UK Free Trade Agreement (#AUKFTA). Since entry into force, Australian goods exports to the UK reached A$5 billion, with strong growth from products benefitting from tariff reductions. Australian goods exports with preferential treatment under the A-UKFTA increased by 16% to March 2024 to reach A$921 million. 📈 We see strong growth across a range of #agricultural sectors which are now tariff free under the FTA, providing greater choice and helping to drive down costs for the consumer. Australia’s #medtech and #cleantech exports also grew significantly to March 2024. 👩🌾 🩺 🔋 The FTA makes it easier for UK companies to invest in Australian renewables and other green-tech industries. The FTA’s world-first Innovation Chapter encourages science and research collaboration, and commercialisation of emerging technologies. New mobility pathways and the mutual recognition of qualifications support expansion in our bilateral commercial interests. Discover how you can benefit from the A-UKFTA: https://lnkd.in/eN9cCFYt Australian Trade and Investment Commission (Austrade) I Australian Department of Foreign Affairs and Trade

Have you heard about CETA - the EU-Canada Comprehensive Economic and Trade Agreement? 🇨🇦🇪🇺 CETA marks a significant milestone in international trade, with robust commitments to labor rights, environmental protection, and sustainable development. It's more than just an agreement; it's a testament to our shared values and commitment to a greener, fairer future. Here are some key benefits of CETA: 📉 99% Tariff Elimination: With duties removed from 99% of tariff lines, businesses can thrive in a more open, competitive market. 🔄 Trade Facilitation: With standardized rules and procedures, CETA makes international trade more predictable, transparent, and accessible for SMEs. This simplifies the process of doing business across the EU, opening up new growth avenues for Canadian SMEs in Europe and European SMEs in Canada. 💼 Access to Public Procurement: CETA provides Canadian SMEs with access to public procurement opportunities in Europe, while European SMEs gain similar access in Canada. This unlocks new possibilities for SMEs to secure contracts and expand their business horizons. If you are ready to explore the opportunities CETA brings, you can contact us today to explore how we can help your SME leverage this landmark agreement and thrive in the international market. #internationalbusiness #internationalbusinessdevelopment #globalexpansion #globalbusiness

Regardless of the headwinds, the African industry has continued to grow at an impressive rate, demonstrating remarkable resilience. Innovation, investment, digitalization and ESG are turning the African continent into the next trade powerhouse. https://lnkd.in/dN-ntTdY

NEW REPORT | Nearshoring in the Americas #ProactiveLAC “The CACM facilitates high commercial integration, offering a major opportunity for coproduction along the value chain. However, high administrative barriers such as high transport costs, diverging customs procedures, and lack of services, pose the biggest challenges to intraregional trade, despite low tariff and NTMs”. ▶️ Read the full report here: https://bit.ly/4d8cDSg

🎯 "Important Update for Exporters! The Directorate General of Foreign Trade (DGFT) has launched the revamped Non-Preferential Certificate of Origin (eCoO) 2.0 System, as announced in Trade Notice No. 13/2024-25 dated 16th August 2024. The upgraded eCoO 2.0 system boasts several new and user-friendly features, designed to streamline the certification process for exporters. Key enhancements include: - Improved user experience for exporters and issuing agency admin accounts - Enhanced features for efficient certificate issuance and management 📅𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗗𝗮𝘁𝗲𝘀: ▪️ 𝗢𝗻𝗯𝗼𝗮𝗿𝗱𝗶𝗻𝗴 𝗼𝗳 𝗜𝘀𝘀𝘂𝗶𝗻𝗴 𝗔𝗴𝗲𝗻𝗰𝗶𝗲𝘀: August 19th to August 27th, 2024. ▪️𝗙𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝗡𝗼𝗻-𝗣𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝗹 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗲𝘀: Begins on August 28th, 2024. 📌 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗥𝗲𝘃𝗮𝗺𝗽𝗲𝗱 𝗦𝘆𝘀𝘁𝗲𝗺: The new eCoO 2.0 system will be hosted on https://www.trade.gov.in. Take note of this important update and explore the revamped eCoO 2.0 system to leverage its benefits for your export operations. ✈️🛥️Karthikeyan #DGFT #eCoO #Exporters #TradeNotice #CertificateOfOrigin"

Looking forward to our webinar focusing on the maritime sector, where my colleagues and I will discuss the EU EST´s legislative framework and implementation, the market and how it works as well as purchasing strategies. Don´t miss out and register below. Hope to see you there!