Organizations of the countryMarket Access - Regional Associations of the countryDoing Business in - Market Access - Associations. EENI Global Business School. To design a proper Market Research; it is necessary to know, furthermore to the information previously analyzed (tools: Learning materials and Market Information), all the associations and regional institutions to which the country belongs, and how to affect the way of doing business in this market. For example, a company wishing to do business in Singapore should know that this country belongs, among others, to: The e-Campus informs to the student about the regional Organizations to which the country belongs: For example, Singaporean ASEAN membership implies free trade with the rest of the ASEAN Countries (Brunei, Indonesia, Malaysia, the Philippines, Thailand, Cambodia, Laos, Myanmar, and Vietnam), but a company from a country not belonging to the ASEAN, will be disadvantaged (tariff and non-tariff barriers, Technical Barriers to Trade, rules of origin...) respect to a company of an ASEAN country. It will also be necessary to know the existence of Free Trade Agreements (discussed in another module). In the following example, you can see the information that the student has about the ASEAN; in the right window; it is shown the study material developed by EENI Global Business School in English about the ASEAN). Sample: The student can access the subjects (learning units) on these regional associations, where he can learn the implications for Market Access. Furthermore, these Organizations offer very useful information to the exporter (market studies, statistics of the international trade between the countries, information about the economic situation). The following example shows foreign trade of the ASEAN with its largest trading partners: Sample: Singapore also belongs to other Asian institutions, such as the Economic and Social Commission for Asia (ESCAP) and the Asian Development Bank. Students can also access these subjects. It is highly recommended for the exporter to know these institutions because they are a precious source of information. An example of information about economic prospects for Singapore (Asian Development Bank). Furthermore, Singapore belongs to other Asian institutions (Colombo Plan, Pacific Economic Cooperation Council, Boao Forum for Asia, Asia Cooperation Dialogue, Asia-Europe Meeting, Forum for East Asia-Latin America Cooperation, Asia-Middle East Dialogue) that even though they do not have much impact on the practice of foreign trade, may be useful for the exporter. Learning materials - Country profile - Foreign Trade - Market Access - Investment - Complementary information - Regional Associations - Agreements. (c) EENI Global Business School (1995-2024) |