article thumbnail

New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Isle of Man. Kazakhstan.

article thumbnail

Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

Previously, companies, notably those in the chemicals, consumer product goods, and food & beverage sectors, may have had to alter ingredients and formulations in order to ship preferentially to different markets within the bloc. RCEP Benefits for Singapore, according to the country’s Ministry of Trade and Industry.

Japan 130