U.S. companies doing business overseas are subject to the Foreign Corrupt Practices Act (FCPA), a U.S. law that prohibits bribes to foreign government officials as a way to obtain or retain business.
Global Arena
China’s decision to end its currency’s two-year-old peg to the U.S. dollar is raising expectation of a gradual appreciation in the yuan’s value — an increase that could bring relief to U.S. an
BY George Orwel
U.S. companies looking to access medium to long-term reconstruction opportunities in Haiti must register with the United Nations Global Marketplace (www.ungm.org), the Inter-American Development Bank
BY Salome Kilkenny
The eyes of the world turn to South Africa this month as the nation hosts soccer’s World Cup from June 11 to July 11, the first time that the world’s biggest sporting event is taking place in Afri
BY William Armbruster
Tom Rush is one of many African-Americans who have made South Africa their home. Like others, he sees abundant opportunities for U.S. companies, as well as some serious challenges. “Some companies c
BY William Armbruster
One aspect of U.S. trade that gets little attention is Foreign-Trade Zones (FTZs), areas in which businesses and manufacturers enjoy reduced tariffs (import duties), tax breaks and a host of other adv
BY Luciana Suran
Exports often get little attention from trade critics, but President Obama used his State of the Union address to stress the opportunities for economic growth through exporting. “The more products w
BY Bill Armbruster
Importers beware! As of Jan. 26, U.S. Customs and Border Protection will begin enforcing new rules that could result in a $5,000 fine per violation. Moreover, failure to comply could delay your shipme
BY William Armbruster
The heads of six federal agencies are on the second half of an eight-city blitz to sell local businesses on how they can successfully leverage government export assistance to expand sales of U.S. good
BY Salome Kilkenny
MIDDLE EASTGreeting. There are two forms of greetings in the Middle East: you will either shake hands or kiss on each cheek. Wait for your host to initiate, you will most likely receive a hand-shake
BY Stephanie Hunt