The Centre for the promotion of Micro and small enterprises in Central America and Dominican Republic (CENPROMYPE), initiated the project called Inclusive Value Chains, meaning; “Actions that promote the productive and facilitate the participation of companies from the base of the productive structure and promote decent jobs, gender equity and environmental sustainability” in collaboration with Belize Trade and Investment Development Service (BELTRAIDE) and the Ministry of Economic Development in Guatemala (MINEO). The project ideally will contribute to reduction of poverty through the consolidation and strengthening of productive value chains that promote tourism and local development with the addition of micro and small enterprises that contribute to sustainable Continue reading “Belizean Women Product Development”
Studying competing products in the country where you wish to do business is a great way to target what works in that market. If you cannot visit the country and scan store shelves yourself, get in touch with folks on the ground there and see if they can apprise you of what products are comparable to yours.
Meanwhile, grab a sample of your own import/export-ready product, and let’s run through our checklist:
1. The name of your product.
- Sure, it sounds fine and intriguing to an American, but what does it mean in the target market? Find out beforehand. If you don’t, you will end up with a fiasco like Chevrolet had on their hands when they introduced their new automobile called the “Nova” in Venezuela — which, in Spanish, means “doesn’t go”!
2. The colors of your packaging. Continue reading “How to Prepare Your Product for Import/Export”
Caribbean Export in cooperation with the Latin American and Caribbean Economic System (SELA) held the “Workshop on Internalization and Promotion of Caribbean SMEs Consortiums” in Santo Domingo, Dominican Republic, on 8-9 July. This activity was also co-organized with the Small Business Association of Barbados (SBA) and the Center for Exports and Investments of the Dominican Republic (CEI-RD).
The objective of this event was the promotion of strategies for productive development, the creation of export consortium’s and the internationalization of SMEs for their foray into regional and international markets. The workshop also aimed the stimulation of exchange of goods and services among Latin American and Caribbean countries in order to strengthen the productive integration of the region and promote the participation of SMEs in trade fairs and business events.
From left: (at podium) Mr. Escipion Oliveira, (head table) 1. Mrs. Florence Van Houtte, Chief of the Trade Section, Support to the Private Sector and Regional Integration of the European Union Continue reading “Workshop on Internalization & Promotion of Caribbean SME Consortiums”
No matter how rich a country is, how small or big it is, no nation is self-sufficient. It will never be totally independent from the rest and have everything it needs. Every country, no matter how powerful it is, needs raw materials from other countries to produce products that it needs or that is needed by other countries. In short, every country is involved in import export transactions.
Whether you are getting ready to export or expanding export sales, BELTRAIDE provides a range of resources for our exporters of goods and service. This includes providing information on national policies and strategies, export best practices and providing references to tools and agencies that contribute to export development.