Integrative Trade Competency Framework
INTEGRATIVE TRADE COMPETENCY FRAMEWORK 1 COMPETENCY: International Business Development 4 COMPETENCY: Political and Policy Environment 7 COMPETENCY: International Trade 9 COMPETENCY: International Trade Law WORKING DEFINITION: Focus is on the Knowledge Areas: WORKING DEFINITION: Focus Knowledge Areas: and Supply Chain Finance WORKING DEFINITION: Focus Knowledge Areas: ability to identify new integrative trade is on building and maintaining an is on understanding the existing • Macro trends in the industry/market(s) • Existing political and policy environments where trade is occurring WORKING DEFINITION: Focus is Knowledge Areas: • Trade, rules and regulations, industry sectors and geographies opportunities, laying the groundwork • Local, external environmental scanning – including assessing risks, geographic challenges understanding of international trade • Procurement rules legal mechanisms and rules • Corporate law, tax law, import/export laws and restrictions, copyrights, patents and on facilitating trade payment flows • Financing options including foreign exchange, hedging, trade/export costing, trade for an international business plan. This and issues, competition, operating norms, barriers relationships with governments, and • International and free trade agreements which govern international trade, intellectual property across a network of relationships finance programs, payment/settlement and financing options includes researching emerging trends, • Use of emerging technologies (e.g. social media tools and other mechanisms) for engaging in current political operating • Structure investments / protections for foreign investments including corporate, tax law, and • Trade agreements and Sale of Goods Act to effectively support the value • Supply chain relationships and financial partners exploring new markets and concepts, to gathering and analyzing market intelligence environments, from a domestic as • Investment review processes trade compliance practices. This • Rules of Origin and their impact on various aspects of trade and investment, including chain.
[Show full text]