Export Tips for On-line Sellers

The level of development of global communication and transportation infrastructure allows to export goods purchased on-line to any place in the world. A company selling abroad through the on-line platform must consider itself as a traditional exporter. Because, regardless a sales channel, exporting has several implications, an on-line exporter must consider following factors:
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First Social Networking Site Launches for Export-and-Import

Export and ImportFremont, CA – Export-and-Import.com launched a beta version of an exporters and importers social network, a new service connecting and helping companies worldwide in their efforts to conduct, facilitate and promote export-import business.

Jasbir Sandhu, founder of Export-and-Import.com, announced the release of a beta version of the website. The site provides a business social platform for companies, individuals and trade organizations to build business network, create business leads and manage business relations. Members can promote their products and services, while generating more traffic to their websites.

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Economic Snapshot: Russian Federation

Russian economic reforms have made considerable progress since Mr Putin became President in 2000. The GDP growth and the surplus/deficit in the state budget are closely linked to world oil prices. The GDP growth rate was 9.7% in 2006, and 8.1% in 2007. Russia is one of the most industrialized of the former Soviet republics. However, years of very low investment have left much of Russian industry antiquated and highly inefficient. Oil, natural gas, metals, and timber comprise almost 80% of Russian exports.

Russia’s main trading partners are Germany, Italy, the Netherlands, Switzerland, Britain, the United States, Ukraine, Kazakstan, Belarus, China, and Japan. Exports for 1995 estimated at US$77.8 billion, imports US$57.9 billion. Russian Chamber of commerce and Industry provides support in protecting entrepreneurs’ business interests, promoting interaction between entrepreneurs and the government authorities, encouraging development of an educational system to train business managers, and mediating in disputes arising between businesses and entrepreneurs.

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