Small business to benefit most from trade with Latin America
Latin America, one of the fastest growing markets in the world, presents a plethora of opportunities for Indian small business to encash from. The export potential that countries belonging to this part of the globe offer remain largely untapped. Notwithstanding distance, language and communication bottlenecks, with the successful opening up of the economies in the region, there is tremendous scope for enhancing Indian exports to these countries.
A green postcard from Denmark
"Environmental protection has become a matter of global concern...No country can achieve satisfactory results in the long term by pursuing isolated environmental policies." The remark came from Poul Nielson, Danish minister for Development Cooperation who was speaking at a business meeting organised by the Confederation of Indian Industry and the Embassy of Denmark in co-operation with Green City, Denmark.
Gain the confidence of your banker with IOUs
The main concern that a banker has when facilities are extended is on the repayment of the monies advanced. This is the question that he will invariably zero in on and it would be prudent for the prospective borrower to advise him upfront on how he intends to repay the facility. The borrower should demonstrate with facts and figures the repayment plan.
