Tax & Accounting Blog

Managing Complexities in International Trade in the Pharmaceutical industry

Managing Complexities in International Trade in the Pharmaceutical industry

As governments and administrative regimes worldwide work towards bringing in health benefits and improving the living conditions of people, their efforts show up through  increased spending on healthcare. For instance, over 2012–20, total healthcare spending is expected to rise at a Compound Annual Growth Rate (CAGR) of 20% to US $280 billion from US $65 … Read More

AEO and What You Should Know

AEO and What You Should Know

What is an AEO?  The European Union’s Authorized Economic Operator (AEO) program was created by the World Customs Organization as an answer to increased trade security following the September 11th attacks in the United States.  It has become a globally recognized, non-mandatory, accreditation system signifying that a company’s international supply chain and customs procedures are … Read More

China-Korea FTA

China-Korea FTA

2015 marked the Harvest year for China’s Free Trade Agreement (FTA) Strategy, and in June of this year China will be initiating FTA’s with both South Korea and Australia. The FTA’s between two of the world’s leading economies is expected to boost China’s growth and provide a much needed stimulant for the Asia Pacific Region. … Read More