A recent White House executive order remove the U.S. from the Trans-Pacific Partnership, and there is a promise from that same administration to renegotiate the North American Free Trade Agreement, One perspective is that the U.S. is on an isolationist trade policy path with an “America First” campaign. The White House has also signaled placing tariffs on other countries such as Canada and China, further confirming this move toward slowing down imports with the intent of favoring and rebuilding the U.S. industry and manufacturing sectors, all while running the risk of sparking trade wars and losing ground to China in the Pacific, Middle East, and Africa.....Read More.
There's an unfortunate stigma for business in the Middle East and North Africa as being unstable and high risk. That clouds the view of many business leaders, thus ensuring that they miss out on great opportunities in emerging markets in the region. Now is the time to reconsider investment there.
In the coming years, the Middle East and North Africa (MENA) region may become the most important developing economy for global opportunities.
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Kirk Galster, M.S, M.B.A. is an international business services professional. With his extensive experience and background in International Studies, Law, International Business, and Economics he is a great asset to any international management team.