Trends Transforming Trade

Collins Rex is the Asia/ Africa Director for the GTPA who has owned and operated her own very successful businesses on two continents. In her professional capacity she assists clients across a range of international marketing, product development and communications areas, helping them get maximum return on their marketing investment. Collins is passionate about seeing small business do better business, and do it on the global stage!

Join us for the next session in our Business Health Check series.

Join our resident marketing expert, Collins Rex, for a lively discussion of the basic elements of digital marketing.

If you’re mystified by terms like SEM, SEO, PPC and remarketing, this session will lift the veil and put you in a better position to make informed decisions regarding your digital marketing strategy.

The Global Trade Professionals Alliance (GTPA) and International Trade of the University of Adelaide (IIT) commends and shares the course of action delineated in the Statement on COVID-19 by APEC Ministers Responsible for Trade issued in Kuala Lumpur, Malaysia, on 05 May 2020.

These online webinars will allow you to meet other business operators ‘virtually’ for expert-moderated interactive online panel discussions. Here you can raise questions on issues you might be facing and as a global community we will mobilise our collective experience and expertise to listen and try to provide practical assistance.

The COVID-19 crisis has radically changed the way we interact, both for business and personally. With travel off the cards for the foreseeable future, we’re all having to make peace with finding virtual ways to run our businesses, interact with our clients and colleagues, and even keep in touch with those we hold dear. Unfortunately, many of us are not using the virtual mechanisms at our disposal effectively or efficiently.

Russell Wiese heads Hunt & Hunt Lawyers' Customs and Global Trade Team. For the past 15 years he has specialised in commercial and regulatory issues associated with international supply chains. His clients are importers, exporters, freight forwarders and customs brokers. In particular, Russell assists clients with commercial agreements, dispute resolution, customs compliance and transport contracts. He is the current chair of the Australian Law Counsel Customs and International Transactions Committee.

Collins Rex is the Asia/ Africa Director for the GTPA who has owned and operated her own very successful businesses on two continents. In her professional capacity she assists clients across a range of international marketing, product development and communications areas, helping them get maximum return on their marketing investment. Collins is passionate about seeing small business do better business, and do it on the global stage!

The GTPA is pleased to be part of the ICC work on the Saves our SMEs initiative. As part of the SMEs committee we provided input into the recently released recommendations.

ICC has issued 10 recommendations for how governments can use trade to help micro-, small- and medium-sized businesses (MSMEs) weather the COVID-19 storm.

Underscoring the vital role can trade play in helping small business stay afloat and driving a rapid economic recovery, the 10 ways for governments to use trade to Save our SMEs statement calls on governments to take urgent action to Save Our SMEs.

Opinion of:

Lisa McAuley, CEO of GTPA

Dr Tomás Quesada, VP for Research and Policy of GTPA

The benefits of integrated economies have been visible in the handling of the pandemic itself

The world’s economy is facing its hardest prospect since the Great Depression. The International Monetary Fund projects a sharp contraction of the global economy of -3 percent for 2020. Global trade has been particularly affected due to supply chains disruptions, a fall in domestic consumption and investment, a reduction in the number of working hours, and the imposition of non-tariff barriers by governments. Protectionist measures already evident before the virus outbreak have now exacerbated. According to the World Trade Organisation (WTO), global trade is expected to fall by between 13% and 32% in 2020, and it is likely to fall harder in sectors with complex value chains.

As the impacts of COVID-19 continue to be felt throughout our industry and the world, our priority as always is the health and well-being of our trainees, staff and clients as well as our industry and the broader community we serve. We remain committed to supporting you during this difficult period and helping you transition back to more normal operations when the time is right.

Tuesday, May 5 | 10:00 am EDT

You’re invited to join us for the next event in our virtual conversation series: Supply Chain Revolution on Tuesday, May 5 at 10 am EDT.

No one business, and certainly no MSME, needs to navigate these rather stormy waters alone

As these lines are being written, micro, small and medium enterprises (MSMEs) around the world are closing their operations. No one business, and certainly no MSME, needs to navigate these rather stormy waters alone.While the global business landscape is changing quite rapidly, we are confident that the global business environment will eventually stabilise. In the meantime, businesses’ capacity to survive will depend on their ability to innovate the ways in which they communicate, manage their business, and engage customers.

The GTPA is pleased to announced an alliance with Raised Hand, a new initiative created by a previous work friend of the GTPA team.

GTPA is pleased to announce a slight change to our Business Health Check session for the 6th May. We will now be joined by Russell Wiese who heads Hunt & Hunt Lawyers' Customs and Global Trade.

As part of the Mohammed bin Rashid Initiative for Global Prosperity GTPA will be presenting an online Ted-Style talk in May to discuss this topic.

Ian George is the Owner of ProPar Consulting Ltd a procurement and supply management consultancy specialising in organisational transformation and leadership development. Owner of IP based on academic rigour grounded in consulting practice. Prior to this Ian was the Head of Strategy and Process Development, Philips Electronics Eindhoven, The Netherlands 2000-2002, a global organisation covering six divisions from medical devices, body care and entertainment to silicon chips. Responsible for €16bn spend administered by 2600 staff across 93 offices and Supplier Development Senior Manager, BMW Group Birmingham, UK and South Carolina, USA.

Rob Handfield is the Bank of America University Distinguished Professor of Supply Chain Management at North Carolina State University, and Director of the Supply Chain Resource Cooperative. He also serves as Faculty Lead for the Manufacturing Analytics group within the International Institute of Analytics, and is on the Faculty for Operations Research Curriculum at NC State University.

By Professor Peter Draper - Institute for International Trade

If ever the G20, the self-styled apex forum for international economic cooperation, needed to step up to the plate it is now. However, while it did so for the 2009 London Summit — in the eye of the Global Financial Crisis (GFC) — it is highly unlikely to this time. It is also not clear what the definition of success is, unlike the GFC when the core objective was to save Western financial systems from collapse. Each G20 country is correctly focused on managing its own health trajectory, with little policy bandwidth left to devote to international economic cooperation.

This week we will be discussing Managing supply chain risks as part of our online business health check series. We are delighted to be joined this week by supply chain experts: Dr Robert Handfield from the United States of America and Dr Ian George from the United Kingdom.

JOIN US FOR A LIVECAST

As the world grapples with COVID-19, the International Chamber of Commerce (ICC) has issued two guidance publications to help governments and regulators deal with emerging trade finance disruptions.

8:00 am EST | 2:00 pm CET | 5:30 pm IST | 8:00 pm SGT

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Join us for the free webinar on Thursday, April 16th at 2:30pm EDT.

Every sector of the economy is struggling to understand how to continue given the impact of the Coronavirus on their business enterprises. Workers are now communicating through remote conferencing services due to shelter-at-home orders, and anxiety levels are rising as the economic future remains uncertain.

As part of the maintaining a healthy business in times of global crisis, this session covered making the most of business down time.

As part of the maintaining a healthy business in times of global crisis. Yesterday’s session covered slowed business and increased marketing.

Business disruptions caused by COVID-19 are affecting many people’s ability to fulfill their obligations under commercial contracts. In some cases, Force Majeure contract clauses may provide relief from the performance of impeded contractual obligations during the pandemic-related disruptions.

The once-in-a-century crisis we all find ourselves confronted with by COVID-19 will end up exacting both a horrific toll in terms of loss of life but also short and medium term economic damage.

In this rapidly changing jobs market the Australian Government is supporting businesses and those Australians looking for work.

While many businesses have been adversely affected by COVID-19 and are reducing their workforces, there are some areas of the economy which have an increased demand for workers.

The Morrison Government will inject an extra $49.8 million into the Export Market Development Grants (EMDG) program in the 2019-20 financial year, allowing exporters and tourism businesses to get additional reimbursements for costs incurred in marketing their products and services around the world.

In the interest of keeping the arts (particularly music) alive and kicking in these tough times, our Director for Africa and Asia, Ms Collins Rex would like to share the details of an amazing artist who’s streaming three live concerts to three cities in one day this weekend. The concert isn’t free, but US$12 is a small price to pay for music of this calibre.

The Cyber Readiness Institute (CRI) is organising two webinars which will take place at the end of this week. 

The WTO has launched a new dedicated website to respond to the COVID-19 pandemic as this represents an unprecedented disruption to the global economy and world trade, as production and consumption are scaled back across the globe.