Global Methane Initiative (GMI) The Global Methane Initiative (GMI) is an international public-private partnership focused on reducing barriers to the recovery and use of methane as a clean energy…
International Labor Law International labor law is the body of international legal norms that regulates issues concerning work. It is the body of rules spanning public and private…
Fair Trade Arrangement Fair Trade is a way of buying and selling products that make certain that the people who produce the goods receive a fair price. It…
Credit Reference A credit reference, just like a referral for a job, is a reference from a trusted source that lenders use to approve an application for…
Trade Bloc A trade bloc is an agreement between countries intended to reduce or remove barriers to trade within member countries. It is a type of intergovernmental…
International Company International Company An international company is a domestic firm that uses its existing capabilities to penetrate overseas markets. It is an organization that has business…
Offshoring Offshoring is when production operations are performed in another country. It is the relocation of a business process from one country to another—typically an operational…
Free Port Free Port It is a port where no export or import duty is levied. They are meant to cut costs and bureaucracy, at the same…
Free Alongside Ship Free Alongside Ship Free alongside is one of a number of internationally recognized commercial terms used by businesses engaged in trade. Under this term, the…
Dumping Dumping The term ‘dumping’ is used in foreign trade to denote a sale of “goods abroad at prices lower than those prevailing in the home…
Diplomatic Capital Diplomatic capital refers to the trust, goodwill, and influence which a diplomat, or a state represented by its diplomats, has within international diplomacy. The body…
All Rights Reserved All Rights Reserved The phrase “All Rights Reserved” is often used by owners to indicate that they reserve all of the rights granted to them…