by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the European Bank for Reconstruction and Development (EBRD)?The European Bank for Reconstruction and Development (EBRD) is an international bank that was formed to assist Eastern European countries and ex-Soviet countries to uplift their economies and ensure a...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the European Committee for Standardization (CEN)?The European Committee for Standardization (CEN) is an international organization of 34 European countries. The CEN is aimed at accelerating and fostering European economies in global markets by providing...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What are Export Administration Regulations (EAR)?The Export Administration Regulations (EAR) are regulations issued by the Bureau of Industry and Security. Bureau of Industry and Security is supervised by US Commerce Department. The EAR applies when exporting...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is an Export Broker?An export broker or agent is a person who acts as an intermediary between buyer and seller in the international market. An export broker enables both parties to execute internal transactions. An export broker brings the two interested parties...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is Export Credit Insurance?Export Credit Insurance (ECI) mitigates the payment risk associated with foreign trade. ECI guarantees payment on commodities exported to foreign country and thus protects the exporter against non-payment.How is Export Credit Insurance...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Economic Cooperation Organization (ECO)?The Economic Cooperation Organization (ECO) is an intergovernmental regional organization which was established in 1985 by Iran, Pakistan and Turkey. It was preceded by the Regional Cooperation for Development (RCD),...
