More businesses looking at global trade options

2 days ago


The Sarnia Lambton Chamber of Commerce is highlighting one of its services as more businesses explore new trade markets.

Communications and Events Coordinator Robin Cooke said the chamber has, for many years, provided businesses with support in obtaining a Certificate of Origin, but the document is being emphasized now as the tariff dispute continues between Canada and the U.S.

“We know of some of our businesses that are exploring new opportunities abroad so we just thought we’d highlight again that you need the Certificate of Origin and we’re the source for it,” Cooke said.

The official document confirms where goods are manufactured and is required by many foreign governments and customs authorities.

“It’s a vital document for smooth cross-border transactions, whether it’s the U.S., Europe, or Asia,” said Cooke.

The process to obtain a certificate has also been streamlined within the last year.

“It used to be… bring the paperwork, the corporate seals, the stamping of endless documents. Now, they can go online, set up an account within minutes and they can actually print out their documents, signed and ready to go,” Cooke said. “It’s fast, it’s easy, and they can find the information on the chamber’s resource page.”

Those with questions (chamber members and non-members) can also contact Cooke at (519) 336-2400 or [email protected].

Cooke said in the last two weeks, two more businesses have been issued Certificates of Origin.

In the meantime, Cooke said they haven’t heard too many new concerns from chamber members regarding the trade tensions between Canada and the U.S.

Keep exploring EU Venture Capital:  Conflicting claims from US, China on talks cloud global trade outlook

While members of the business community monitor the situation, Cooke said they’re planning for potential supply chain disruptions.



Source link

EU Venture Capital

EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.

Leave a Reply

Your email address will not be published.

Don't Miss

Markets brace for key economic data as trade tensions and Trump’s EU tariff reprieve test investor sentiment

US markets are set to test President Donald Trump’s announcement to delay

Global Airlines Pivots Business Model, Expects Saudi Investment?

Unusual Airbus A380 startup Global Airlines recently operated its first flights, which