Trade compliance: an opportunity

If you want to expand your market overseas in Asia, then you have to be able to navigate the complex and varying trade regulations. – 123RF

Having to comply with international trade regulations, which can be complex and bewildering, may be daunting, but it puts your business in an advantageous position to grow, writes RAYMOND YEE.

STRONG economies, coupled with the shift in manufacturing of low-value goods from China to South-East Asia and the continuous reduction of trade barriers, have driven regional trade to a new peak, with intra-Asia trade now accounting for 25% of Asia’s US$6tril in annual exports, and the number is rising.