Vladyslava Kovalenko’s Post

Doing Business in ASEAN

The American Chamber of Commerce in Germany e.V. (AmCham Germany) recently released their Transatlantic Business Barometer for 2024, which offers valuable insights into the investment sentiment of U.S. and German companies 🇺🇸🇩🇪 Here are the key findings: ✅ Positive #Growth: Over 50% of German companies in the U.S. increased their sales last year, with many expanding their investments and workforce. ✅ Strong #Revenue Expectations: German firms anticipate another robust year in 2024, though investment and employment growth may not match 2023's high levels. ✅ U.S. #MarketAppeal: The U.S. remains a top choice for German investors, praised for its sales potential and vibrant startup environment. However, challenges remain in political reliability and labor costs. ✅ #Innovation Hub: Over 75% of German companies rate the U.S. as an excellent place for innovation, valuing the quality of research institutions and collaboration opportunities. ✅ Concerns: Trade-distorting measures and access to research talent are pressing issues for German investors. Despite these concerns, 70% of German companies plan to expand their U.S. operations in the medium term, demonstrating strong confidence in the American market. This highlights the enduring strength of U.S.-German economic relations and the potential for continued growth. At #TBIC, we’re committed to strengthening transatlantic ties and facilitating investment opportunities for our members. Our upcoming FDI Trip to Germany and participation in the Internationale Zuliefererbörse (IZB) Trade Show in Wolfsburg, the home of #VW, provide unique opportunities to connect with key players in the automotive industry and generate new leads for your region. Learn more about these insights and download the report here: https://lnkd.in/djdeGsDs

Doing Business in ASEAN

The EuroAsia Chamber of Commerce is an organization focused on fostering business relationships and trade between European and Asian countries which has now expanded to Africa, to explore trading opportunities between Asia and Africa. The chamber typically provides networking opportunities, trade facilitation, advocacy for business interests, and support for companies looking to expand their operations in these regions. Furthermore, they also organize events, provide market intelligence, and offer various services to help businesses navigate the regulatory and cultural differences between Europe and Asia. The EuroAsia Chamber of Commerce offers several merits for businesses and individuals involved in European and Asian markets and has a lot of benefits which have been brought to Africa to facilitate business and growth. The chamber has a lot of benefits for the African Market as well as the Asia market. Networking Opportunities • Business Connections: Facilitates connections between businesses, investors, and professionals from Asia and Africa. • Events and Conferences: Hosts events, seminars, and conferences for networking and knowledge exchange. Trade Facilitation • Market Access: Assists businesses in accessing new markets and understanding market dynamics. Advocacy and Representation • Policy Advocacy: Represents the interests of member businesses in discussions with government bodies and policymakers. Cultural Exchange • Cultural Understanding:Promotes cultural exchange and understanding, which is crucial for successful business relationships. • Training Programs: Conducts training programs on cross-cultural communication and business etiquette. Investment Promotion • Investment Opportunities: Identifies and promotes investment opportunities in both Europe and Asia. • Partnership Development: Helps in developing strategic partnerships and joint ventures. Business Support Services • Legal and Financial Services: Provides access to legal, financial, and professional services. • Logistical Support: Assists with logistics, including supply chain management and trade documentation. 8. Innovation and Technology • Tech Collaboration: Encourages collaboration in technology and innovation between European and Asian companies. • Startup Support: Supports startups and entrepreneurs with resources and mentorship. Economic Development • Regional Growth: Contributes to the economic growth and development of member countries by promoting trade and investment. In conclusion, the EuroAsia Chamber of Commerce acts as a bridge between African and Asian markets, fostering economic growth, cultural exchange, and business development.

International business refers to the commercial activities that involve the flow of goods, services, and resources across national borders. It plays a crucial role in the global economy by facilitating trade and investment between different countries. The increasing interconnectedness of the world through advances in technology, communication, and transportation has made international business more accessible and essential than ever before. One of the key challenges in international business is navigating the complex web of laws, regulations, and cultural differences that exist between countries. Companies must adapt to the unique business environments of each country they operate in, which requires a deep understanding of local customs, languages, and market dynamics. In addition, political and economic factors can also impact international business operations, making it crucial for companies to stay informed and be proactive in managing risks. Despite these challenges, international business offers numerous opportunities for growth and expansion. By tapping into new markets and diversifying their operations, companies can increase their resilience and competitiveness in the global marketplace. International business also fosters innovation and collaboration, as companies learn from each other’s best practices and develop new products and services to meet the needs of diverse customers around the world. In conclusion, international business is a dynamic and evolving field that presents both opportunities and challenges for companies looking to expand their reach beyond domestic borders. By staying informed, adapting to changing circumstances, and leveraging the benefits of global collaboration, businesses can thrive in the international arena and contribute to the growth and prosperity of the global economy.

Title: Navigating the Global Landscape: A Journey into International Business As I embark on my journey into the world of international business, I am committed to honing my skills, expanding my network, and deepening my understanding of global markets. I am eager to leverage my passion for cross-cultural communication, strategic thinking, and problem-solving to contribute meaningfully to organizations operating on the global stage. In today's interconnected world, the realm of international business offers unparalleled opportunities for growth, innovation, and cultural exchange. As an aspiring professional eager to embark on a career in this dynamic field, I am excited to share my passion for global commerce and the transformative impact it holds. Understanding the intricacies of international business requires a multifaceted approach that encompasses diverse cultural perspectives, economic trends, and geopolitical landscapes. It's not merely about conducting transactions across borders but about building sustainable relationships, fostering mutual understanding, and adapting to ever-evolving market dynamics. One of the key aspects that draws me to international business is its inherent complexity, presenting constant challenges and opportunities for problem-solving. From navigating trade regulations and tariffs to devising strategies for market entry and expansion, each endeavor demands strategic foresight, agility, and a deep understanding of local nuances. Moreover, international business offers a platform for fostering innovation and driving positive change on a global scale. Collaborating with diverse teams from different corners of the world cultivates a rich tapestry of ideas, perspectives, and solutions. This collaborative spirit not only fuels business growth but also contributes to the broader goal of creating a more interconnected and prosperous global community. In today's rapidly evolving business landscape, adaptability is key. The ability to embrace change, seize emerging opportunities, and pivot in response to shifting market dynamics is essential for success in international business. It requires a mindset that thrives on innovation, continuous learning, and a willingness to step out of one's comfort zone. To end with, international business represents not only a career path but a journey of discovery, growth, and endless possibilities. By embracing the challenges and opportunities it presents, we can become catalysts for positive change and drivers of global prosperity. I am excited to embark on this journey and eager to make a meaningful impact in the dynamic world of international business. Let's connect, collaborate, and chart a course towards a brighter, more interconnected future.

Roundtable: Business and the Future of Democracy 24 September 17:00 - 19:00 Q-Club Berlin / Friedrichstraße 181, 10117 Berlin In person The Hertie School extends an invitation for a Roundtable on “Business and the Future of Democracy“ as part of the REBALANCE Project. The event focuses on how business can contribute to strengthening democracy. The growth of anti-democratic sentiments and agendas in different parts of the world, including in Western societies, has been one of the hallmarks and concerns of our time. This concern is heightened in a year in which almost half of the world’s population will elect new leaders, including Europe and Germany. By convening a diverse range of stakeholders, including entrepreneurs, corporations, policymakers and academics, the Roundtable seeks to foster dialogue and explore actionable strategies, reinforcing the need of EU businesses to stand up and lead toward a more democratic world. The Roundtable will offer insights on how ‘democracy-conforming capitalism’ is realized in business practice and explore key themes such as the challenges faced by business when democracies erode and the roles of businesses and entrepreneurs and policymakers in strengthening democracy. The evening will feature input by select speakers, providing impactful perspectives from each of their unique positions in the field. Preliminary programm: Rebalance introduction Panel discussion: What is the role of business, what can be done? Discussion and Engagement with the audience Conclusion: How Rebalance and the discussions need to be connected Aperitif and networking To register please follow this link: https://lnkd.in/ekKiZxZk

Is Mexico as Dangerous As They Say? Doing business in Mexico often conjures images of challenge and risk, largely influenced by media portrayal of crime and security issues. However, the reality of the business landscape in Mexico is far more nuanced and presents a compelling case for why it is not as dangerous as many perceive. With its strategic geographic location, Mexico serves as a crucial link between North and South American markets, and its proximity to the United States offers significant logistical advantages for companies looking to manufacture or distribute products across the continent. Mexico's economy, one of the largest in Latin America, has been steadily diversifying and modernizing, thanks in part to comprehensive economic reforms and trade agreements, including the United States-Mexico-Canada Agreement (USMCA). These reforms have improved regulatory frameworks, reduced barriers to foreign investment, and made the country more attractive to international businesses. Additionally, Mexico boasts a large, skilled workforce that is both cost-effective and increasingly specialized, particularly in manufacturing, engineering, and IT sectors. The Mexican government has made considerable efforts to enhance the business environment and investor confidence by investing in infrastructure and prioritizing economic zones with strategic importance for trade and investment. These zones offer incentives like tax benefits and streamlined customs procedures, making them attractive for foreign direct investment. Furthermore, Mexico's vibrant startup ecosystem, supported by an increasing number of venture capital firms and innovation hubs, showcases the country's growing entrepreneurial spirit and technological advancement. While challenges remain, including addressing concerns about corruption and security, the narrative that doing business in Mexico is inherently dangerous overlooks the significant strides the country has made and the opportunities it presents. International businesses operating in Mexico with a well-informed strategy, local partnerships, and an understanding of the market dynamics have found success. As global economic trends continue to evolve, Mexico's role as a key player in the international business arena is likely to grow, further dispelling the myths surrounding its business environment.

part 2 6. Foster International Partnerships: a. Seek partnerships with countries that have complementary resources or industries. b. Explore joint ventures, sharing knowledge, and technology exchange programs. c. Participate in international trade shows and business forums to establish connections. d. Enable collaborative initiatives that reduce reliance on any single country. 7. Explore Alternative Markets: a. Identify untapped markets beyond America that align with your business goals. b. Conduct market research to understand cultural nuances and consumer demands. c. Adapt products, services, and marketing strategies to cater to these markets. d. Establish distribution networks and build brand presence in selected markets. Conclusion: Reducing dependency on America requires a strategic and creative approach. By diversifying suppliers, exploring local alternatives, and promoting self-sufficiency, you can lay the foundation for a more resilient economy. Simultaneously, fostering international partnerships and exploring alternative markets will allow you to decrease reliance on any single country. Embracing these clever strategies will not only enhance your business's flexibility but also contribute positively to global economic