Business insights, Bitter or sweet events, Newcomers

1. Business insights: The ASEAN Agreement, The Largest Importer of Cellulose, Hong Kong as the Eighth Largest Global Economy, Iranian Goods Exported to Canada and 8 More Interesting Facts

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🚧 The removal of tariffs in the AFTA agreement between ASEAN countries has increased intra-regional trade and simplified the movement of goods such as automotive parts and electronic components across borders.

💯 This agreement not only reduces costs but also enhances access to investment markets and fosters innovation.

🎲 By leveraging such trade agreements, traders can access emerging markets, streamline their supply chains, and enhance their competitive advantage in the dynamic Asian market.

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🧾 Some countries import cellulose, process it, and then export various cellulose products such as paper and textiles to global markets.

🇨🇳 China is one of the largest importers of cellulose and exporters of cellulose products.

⚡ Additionally, India, Germany, Turkey, Italy, South Korea, Spain, and Japan produce and export final products such as paper, viscose fabrics, and chemical products.

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🔍 A key point in exporting samples to different countries is understanding the type of products for which sending samples is necessary and essential.

✔️ For example, some products like rock candy, barberries, and even granola, which have fewer export challenges in terms of required standards, are best marketed by sending samples.

💎 In Traditional Chinese Medicine, a wide range of herbs, minerals, and animal products are used.

🎇 Some of these materials are imported due to a shortage of local resources or the need for specific quality.

🧲 Some key imported products that can also be sourced in Iran include licorice, hawthorn, various extracts and oils, seeds, animal parts, minerals, and medicinal herbs.

🇷🇺 When establishing business relationships with traders from Russia, it is important to understand key cultural and business etiquette aspects of this country.

🎨 For instance, in Russian business culture and face-to-face negotiations, giving gifts is considered important and signifies the value placed on building mutual relationships.

🎁 Russian traders expect gifts that are specific to the culture and country or symbolize their company to be presented to their counterparts.

🇭🇰 Hong Kong is positioned as a global trade center in East Asia and the Pacific region.

⚡ Hong Kong is the eighth-largest economy in the world, and Iran, as one of its trading partners, exports several tons of non-oil products to this region annually.

🌈 Iran's exports to Hong Kong include meat, poultry, dried fruits, plastic materials, leather and animal skins, styrene polymers, petrochemical derivatives, iron ore, construction stones, and more.

🇲🇻 Iran and the Maldives have diverse trade relations, and Iran exports a variety of products to the Maldives.

✈️ Iran's exports to the Maldives include food products such as dried fruits and nuts, household appliances, mineral products, various salts, and petrochemical products like plastics and resins.

🇸🇾 The Syrian market is one of the largest consumer markets in the region.

🌄 Syria maintains favorable trade relations with other countries, facilitating the movement of goods and services.

💡 Despite facing significant challenges, Syria retains important commercial potential due to its geographical location and natural resources.

🇨🇦 Canada, with its large Iranian expatriate community, could be a significant destination for exporting Iranian goods.

🧷 This fact and the extensive Canadian market present unique opportunities for establishing connections with buyers of various Iranian products.

🇹🇿 Tanzania, with its diverse and growing needs, offers substantial opportunities for imports from Iran.

⌚ These opportunities include petrochemical and oil products, food items, agricultural products, medical equipment, pharmaceuticals, and construction materials.

⚓ Given the high quality of Iranian products and competitive costs, Tanzania can benefit from resources from Iran.

🇻🇪 Iran’s exports to Venezuela have experienced remarkable growth in recent years, making Venezuela one of the top 20 countries targeted by Iran for exports.

The most important items and goods needed by Venezuela include petrochemical products, textiles, pharmaceuticals, medical and hygiene equipment, automotive body parts, agricultural machinery such as tractors, bitumen, natural asphalt, and natural asphalt stones.

🇨🇳 If you engage in negotiations with the Chinese, you will find that there are certain cultural and behavioral characteristics in business negotiations that understanding these traits can help you negotiate more effectively.

🔍 In Chinese culture, respect for hierarchy and the role of each person in an organization or group is very important.

💡 This means that decisions and communications should be made with respect for the hierarchy.

✨ Chinese people may express their opinions indirectly and use soft and polite language; this culture may seem unusual to those accustomed to direct communication.

2. Bitter and sweet events in the life of Aradis - August 2

Informing us of bitter and sweet events: t.me/Arad105

Bitter events

Father's demise - Hamid Gholinejad, Tehran, Iran 🇮🇷, Persian, wa.me/9364988767

Sister's demise - Assabah Khan, Kashmir, India 🇮🇳, English, wa.me/917051891381

Illness - Duncan Andieli, Kisumu, Kenya 🇰🇪, English, wa.me/254706895266

Illness - Mulondo Rayan, Kampala, Uganda 🇺🇬, English, wa.me/254706895266

Illness - Victor Imh, Lagos, Nigeria 🇳🇬, English, wa.me/2349015178353

Today's Birthdays

3. New foreign representatives: Russia, Egypt, Bangladesh, Sudan and Saudi Arabia - August 2

4. Iranian Newcomers (for Business Enterprises) - August 2