ReportWire

Tag: Trade

  • Chilean Innovation Led by Women: From Salvia Gin to Bacteria That Clean Water

    Chilean Innovation Led by Women: From Salvia Gin to Bacteria That Clean Water

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    Jewelries from Rapa Nui, mystic vineyards cultivated by Lickanantay indigenous community, honey produced in the driest place in the world, native Chilean gin, water purification bacteria: these are just a few examples of what you’ll find at #MujerExporta2021, the main online event to foster international trade for companies led by Chilean Women.

    Press Release



    updated: Jul 22, 2021

    Mujer Exporta Event is part of ProChile’s inclusive international trade strategy, Female Economic Empowerment being the object of more than 25 trade agreements, events and trainings focused on the commercial expansion of companies led by women in order to provide access to commercial opportunities, support internationalization and increase their presence in the United States.

    “Last year, 472 companies run by women and supported by ProChile exported more than 1,000 million dollars of agri-food products to 111 world markets, despite the impact on trade and global mobility of confinement due to the Covid-19 pandemic. Of the total, 150 companies led by women shipped their products to North America,” says Jorge O’Ryan, ProChile General Director.

    This year, Mujer Exporta will hold its first online edition, July 27 to 29, with a focus on four sectoral pavilions highlighting the country’s unique exportable offer of goods and services: Agriculture & Food, 4.0 Industries, Services and Creative Industries.

    The Ancestral Pavilion is not only the largest one, but will be showcasing goods and services of 28 companies led by indigenous women as part of the Internationalization Program of Indigenous People initiated by ProChile a few years ago. With such a strong cultural heritage coming from the Aymara, Quechua, Mapuche, Rapa Nui, Diaguita, Kawésqar, indigenous producers stand out in crafts, goldsmithing, and textile entrepreneurship.

    Register for free here or check the One Click Import tool if you’re interested in trade.

    Media Trends Group PR Team
    usa@mediatrendsgroup.com

    Source: ProChile US

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  • Luna Global Networks Supports Private-Sector Campaign Against COVID-19 Fraudulent Goods

    Luna Global Networks Supports Private-Sector Campaign Against COVID-19 Fraudulent Goods

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    Luna Global Networks joins coalition of private-sector partners in the launch of a new initiative to spotlight resources available to help combat the trade in fraudulent goods.

    Press Release



    updated: Jul 13, 2020

    ​​​​Luna Global Networks today joined Philip Morris International Inc. (PMI) in launching a new two-month advertising campaign designed to raise awareness of the trade of fraudulent personal protective equipment and resources available to combat the trade of these goods.

    “We are proud to be partnering with PMI and other private industry brand protection leaders and long-time partners in fighting illicit trade,” said David M. Luna, President & CEO, Luna Global Networks. 

    To date, there have been nearly 1,000 COVID-19-related seizures of prohibited test kits and medicine, counterfeit masks, and other medical equipment in the U.S., which has accounted for $17.9 million in disrupted transactions and recovered funds. 

    Prior to the COVID-19 pandemic, global illicit trade was already booming from an array of trafficking and smuggling crimes. In fact, today’s global illicit markets generate trillions of U.S. dollars every year for transnational criminal organizations, complicit corrupt facilitators, and other threat networks. These profitable criminal activities include the trafficking of narcotics, opioids, arms, and people, fake medicines, counterfeit and pirated goods, illegal tobacco and alcohol products, endangered wildlife, pillaged oil, diamonds, gold, natural resources and precious minerals, and other contraband or commodities. They are sold on our main streets, social media, online marketplaces, and the dark web every hour of every day. 

    From the onset of the COVID-19 crisis, as the virus spread worldwide, numerous market and supply chain disruptions created new opportunities for criminals in vulnerable sectors. As police and security resources were re-directed, prosecuting the battle against illicit trade was attenuated. Bad actors and threat networks have further accelerated illicit trade in recent months and continue to exploit vulnerabilities in global supply chains to expand illicit economies and criminalized markets in areas such as the life science and healthcare sectors, excisable products, fast-moving consumer goods (FMCG), frauds, cybercrime and other profitable illicit enterprises.

    “In fact, COVID-19 has mutated criminality to a higher level of danger as corrupt regimes and criminals enrich themselves through an illicit trade pandemic that puts the health and safety of all citizens and communities at risk, such as fake medicines and counterfeited medical equipment and supplies,” said Luna.

    About Luna Global Networks & Convergence Strategies LLC

    David M. Luna is also a former U.S. diplomat and national security official. He is the current Chair of the Business at OECD Anti-Illicit Trade Experts Group (AITEG); Chair, Anti-Illicit Trade (AIT) Committee of the U.S. Council for International Business (USCIB); co-Director, Anti-Illicit Trade Institute, Terrorism, Transnational Crime and Corruption Center (TraCCC), Schar School of Policy and Government, GMU.

    Luna Global Networks is an international security consultancy well-positioned to help clients tackle the most pressing illicit trade and governance challenges and related security threats globally

    Media Contact:

    David M. Luna, Luna Global Networks

    Info@LunaGlobalNetworks.com

    Source: Luna Global Networks

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  • Fintech Start-Up fidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

    Fintech Start-Up fidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

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    fidentiaX is building the World’s First Marketplace for tradable insurance policies by leveraging on blockchain technology

    Press Release



    updated: Oct 15, 2017

    Fintech start-up fidentiaX is in the developmental phase of creating the world’s first marketplace for tradable insurance policies by disrupting the status quo by empowering policyholders to monetise policies on the blockchain. fidentiaX will also be setting up fidentiaX Open Source Foundation (fSOF) to proliferate the embracing of blockchain technology for the insurance industry.

    In 2016 alone, the total market size for insurance premiums in the 40 OECD reporting countries was estimated to be in the north of $3.86 trillion dollars and Asia is projected to the be fastest-growing market for life insurance with an estimated real annual compounded growth rate of 10.2%.

    The tradable insurance market is faced with inefficiencies such as:

    Lack of awareness – Policyholders are unaware that policies are tradable assets which could be sold in the open market for a higher value. In 2015, out of the US$112 billion worth of policies surrendered in the U.S., US$57 billion (estimated 250,000 policies) could be resold.

    No Recognizable Marketplace – The lack of a recognizable marketplace makes it challenging for sellers and buyers to connect.

    Dependency on 3rd party – In the rare occasion where seller and buyer actually connects, parties need to place trust on a 3rd party to effect the transaction.

    fidentiaX’s marketplace will be a membership-based ecosystem focusing on the key stakeholders and providing the following services:

    Policy ledger – Break traditional reliance on intermediaries by creating a digital ledger for policyholders.

    Trustless Marketplace – Provides a platform for buyers and sellers to connect and trade policies via the blockchain.

    fidentiaX will focus on building its operations within Asia before executing its global expansion strategy. Key countries within Asia are Hong Kong, Japan, Korea, Malaysia and Singapore.

    To learn more, please visit fidentiaX’s official website at https://www.fidentiax.com and stay updated on their Crowd Token Contribution launch announcement by subscribing to their mailing list. Stay connected through their social channels:

    Join us on Telegram Channel at https://t.me/fidentiaX
    Follow us on Facebook – https://www.facebook.com/fidentiaX
    Follow us on Twitter – https://twitter.com/fidentiaX

    Media Contact:
    Name: Alvin Ang
    Email: Alvin.A@fidentiaX.com
    City and Country Location: Singapore

    fidentiaX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

    Source: FidentiaX

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  • Arvigor Trading & Co. GmbH is Incorporated in a Global USD 20.88 Tn. Export Market.

    Arvigor Trading & Co. GmbH is Incorporated in a Global USD 20.88 Tn. Export Market.

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    The launch of Arvigor Trading & Co. GmbH paves the way to synergize its trading, advisory and tech businesses.

    Press Release



    updated: Oct 11, 2017

    Arvigor Trading & Co. announces its incorporation as Arvigor Trading & Co. GmbH on Sept. 27, 2017, a multipurpose trading company based in Berlin, Germany. 

    Business and Trade

    The technological advancements in the last two decades, especially in global telecommunication, have created more fluid mechanisms for international trade. International diversification for businesses has become a standard instrument in this global economy. However, the global flow of information and business data also means that modern trade for businesses underscores the relevance of systematic and technical solutions.

    Duc Anh Do, Chief Executive Officer

    Today’s global and growing market for exports has changed the ways how traders, investors, small and medium-sized enterprises (SMEs) compete for and do business. The build-up of internal trade departments absorbs resources and stretches organizational capacities.

    Arvigor Trading & Co. concentrates the operational workflow of SMEs with regard to their international business through its trade advisory & business consulting, ecommerce, public relations & trade marketing platform. Its use of algorithmic solutions and mathematical models to interconnected problems of international trade such as business-to-business matching, supply chain optimization or global sourcing boosts the structural efficiency and allocation of their investments.

    Communication and Diversification

    Arvigor Trading & Co. GmbH CEO, Mr. Duc Anh Do, reflected on the incorporation: “The technological advancements in the last two decades, especially in global telecommunication, have created more fluid mechanisms for international trade. International diversification for businesses has become a standard instrument in this global economy. However, the global flow of information and business data also means that modern trade for businesses underscores the relevance of systematic and technical solutions.”  

    Opportunities and Challenges

    Merchandise exports and the exports of commercial services by WTO members were valued at USD 20.88 tn in 2015, which represented roughly twice that value in 2005. Legal and political challenges such as the withdrawal from the European Union by the United Kingdom, however, have created uncertainty in global trade. By quantifying those types of risks, international businesses can enact suitable measures in advance and enhance their corporate decision-making processes.  

    About Arvigor Trading & Co. GmbH

    Arvigor Trading & Co. GmbH based in Berlin, Germany, is a private multipurpose trading company with a hybrid business model involved in international trade. It centralizes, structures and optimizes the trade operations of small and medium-sized enterprises through a multichannel platform to generate long-term value for its clients. Its trade advisory and business consulting solutions are built to enhance their competitive outlook and strategic perspective. Contact via: arvigortrading.com.

    # # #

    Media Contact:

    Email: media@arvigortrading.com
    Twitter: @arvigortrading
    Phone: +49 30 28867307
    Fax: +49 32 226412907

    Source: Arvigor Trading & Co.

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