Posted September 12, 2018 10:24:10If you are a business looking to secure international trade deals, you might not have much choice.
The International Trade Law Network, a non-profit, nonprofit group that works to promote and preserve international trade law and promote international trade as a whole, recently released a report titled “The Internet is Not Over: The Next Steps to Global Trade.”
The report looks at the internet and its effects on trade in global markets.
The report looks forward to the internet coming back, and warns that its impact is going to be immense.
“For decades, the internet has been a global hub for international commerce,” said the report’s executive director, Mary-Louise Gagnon.
“This is a global system that is evolving and is going through major changes.”
The report highlights the fact that global trade is increasingly moving online.
The report points to the “digital revolution” that is now taking place in the world of commerce.
It cites companies like Amazon and Apple as examples of companies that are able to leverage the internet for international trade.
According to the report, the digital revolution will ultimately benefit the global economy.
According to the group, the “internet is an efficient, secure, and open platform for global trade and investment.”
In fact, it is this same technology that has created the ability for online retailers to offer discounts on products, and for international shipping companies to offer more affordable shipping options.
“This has allowed companies to increase the efficiency of their operations by increasing their profits,” Gagnons stated.
“It’s a win-win for all parties involved, especially the global market, because it allows them to sell more product faster, increase sales and increase revenue.”
While Gagnond has said that the internet will be a force for global economic growth, she warns that it is also going to create new challenges for business owners.
“We need to be cognizant of the fact we are moving from a digital age to a global one,” Gagnor said.
“There will be significant challenges, including in how we define the global supply chain.”
According to Gagnones report, global businesses will face increased uncertainty about whether they are protected under international trade agreements.
“The trade rules are becoming increasingly complex and inconsistent as they incorporate digital and digital technologies into their operations,” she said.
“These new trade rules will require that businesses take a multi-pronged approach, with their products being tested in different markets, as well as testing for compliance with their international trade obligations.”
The internet has the potential to disrupt the global trade system.
It is expected that the number of internet users will increase by nearly 1 billion people by 2035.
And Gagnoni points out that businesses will also need to adapt to this new environment.
“It’s important for us to understand that the pace of innovation and technological progress will create new opportunities for businesses,” Gannons said.
It is important for the international trade community to work together to ensure that the future of trade is safe and stable for all of us.
“We need the global community to step up and play a role in ensuring that our global economy and our global environment are protected and we are able, as a global community, to grow and prosper,” Giannone said.