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Exhibitions

Executive Talks

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Interview with Milad M Istefanous, Executive Director of Philomina Global Services Co. Ltd.

Interview with Milad M Istefanous, Executive Director of Philomina Global Services Co. Ltd.

Philomina Global Head office located at Khartoum City that is well known, and having branches @ Port Sudan (Seaport City), and our modern office systems and all staff to give excellent services to our potential customers and worldwide associates.

Interview with Filipe Garcia, Branch Manager of Inicio transitarios Lda

Interview with Filipe Garcia, Branch Manager of Inicio transitarios Lda

Since the year 2000 INÍCIO TRANSITÁRIOS has been dedicated with total commitment to the creation of door-to-door transport solutions, regarding maritime and air logistics, on an international basis.

Interview with Ken Zhu,of Coeffort (Shanghai) Logistics & SCM Co., Ltd

Interview with Ken Zhu,of Coeffort (Shanghai) Logistics & SCM Co., Ltd

Coeffort was established in January 2015, core business of Coeffort is supply chain management and provide professional solutions, including supply chain financing, supply chain design, procurement and distribution, international customs clearance agent, executive stock trusteeship, Department of outsourcing, outsourcing processing and distribution management, supply chain services. I hope our business can do for customers "time Save", "money Save", "way touching One".

Interview with Arturo Chavez, Commercial Manager  of Smart Logistics Group

Interview with Arturo Chavez, Commercial Manager of Smart Logistics Group

SMART LOGISTICS GROUP is a premier transportation and logistics company, with coverage in SPAIN/EUROPE. Our value-added services portfolio includes import and export freight management, truck brokerage, intermodal, load/mode and network optimization, and global visibility. We provide freight forwarding, customs brokerage, warehousing and all other logistics services.

Interview with Ordan Cargo, Managing Director of Ordan Cargo Ltd

Interview with Ordan Cargo, Managing Director of Ordan Cargo Ltd

We are " ORDAN CARGO LTD" a freight forwarding & logistics company based in Tel Aviv, Israel since 2001 having presences at all main ports ASHDOD/HAIFA/TLV for Import/Export/Cross SEA/AIR. We provide excellent and creative logistics solutions as well as quality service with competitive prices.

NAFTA, Mexico and the limits of free trade

Source:chron    2014-7-17 9:36:00

Was the North American Free Trade Agreement a success, failure or both? Twenty years after NAFTA went into force, the Baker Institute's Mexico Center attempted to answer this question at its inaugural conference. Daniel Lederman, deputy chief economist for Latin America and the Caribbean at the World Bank, argued that the answer might not be that simple, saying that "the debates over the developmental, distributional and employment effects of NAFTA remain unresolved."

On one hand, NAFTA's facilitation of trade linkage and liberalization certainly helped modernize the economic superstructure of the Mexican business model. This benefitted the Mexican economy in the long run, as it led to the adoption of contemporary standards and practices that brought Mexican market models up to par with those of the U.S. and Canada. However, international and domestic events have intrinsically altered the Mexican economy and its trade structures. The war on drugs gave rise to localized violence along the U.S. border - areas best positioned to take advantage of NAFTA. The 1994 micro-financial crisis, the resulting devaluation of the peso and the global financial crisis of 2008 all served to dampen the growth of the Mexican economy.

Perhaps the most important development during this period, however, took place thousands of miles from North America: the evolution of China into an international trade giant, marked by its entrance into the World Trade Organization in 2000. More than anything, the specter of Chinese competition damaged the Mexican manufacturing sector. In fact, according to the World Bank, average annual GDP growth for Mexico from 2001-2006 was 1.29 percent lower than GDP growth from 1994-2000. Combined, these unforeseen market forces worked to the detriment of the Mexican economy, and it is hard to speculate the direction the economy might have taken without NAFTA. Thus, NAFTA's success in institutionalizing contemporary market norms must be heavily qualified by the harsh economic realities of post-NAFTA Mexico.

Trading blocs will continue to be an integral part of North American economic growth, but an important caveat is that treaties like NAFTA - made to enhance international free trade - cannot be mistaken for economic development models. NAFTA was most remarkable for facilitating international market cooperation and modernizing Mexican trade and business practices, not for turning Mexico into a developed economy, as was speculated.

Moving forward, agreements such as the Trans-Pacific Partnership could provide increased market integration and liberalization. If the TPP were signed today, the trading partners would include 40 percent of the global population and 60 percent of the world's aggregate GDP. As a result of these partnerships, increased international trade would strengthen business and economic ties between countries. For Mexico as well as other countries, the TPP could surpass the qualified success of NAFTA and allow for the diversification of markets and real developmental growth. However, while NAFTA's impact on Mexico suggests that such multinational treaties can help build modern standards for trade and business practices, to overemphasize the connection between trade and development would be a mistake.