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2017
Asia Needs more Dialogue
Solutions to urban pollution may prove complex
Spread of ESGs could herald new global movement
Investing in quality education is imperative if India wants to reap demographic dividends
China needs to lead in new multi-stakeholder world
China’s B&R initiative leading a resurgence of Asia
Education is key - but long-term: Can we survive?
New wave of robots will be beneficial to all
China needs to continue with its ‘heavy lifting’
Time is right for Chinese firms to invest in Europe
Robots to the rescue for China?
Asian Multinationals are Going Global, But to Where?
China ratchets forward with energy efforts
China’s calm necessary for globalization push
Bridging managerial gaps involves trust-building
China well-placed to power its future through green technology advances
China's new 'springtime' is here
2016
China’s moves show it’s banking on the future
Mindset for action at the G20 summit will be determined by Chinese presidency
Chinese head-hunting intensifies for rare managers that can steer overseas firms
US talk of isolation jars with growing links in Europe and Asia
Electoral rhetoric on global trade not in sync with reality
Is it time to be prudent and consider austerity policies again?
What will we do if we have no oil?
Unlock talent by finding the right fit for a person
The benefits are real and tangible
Trade along China’s ‘One Belt, One Road’ won’t succeed without the currency of trust
Reasons for optimism about the long term
2015
Can big oil go green and win?
Poorer Nations Could Sway Climate Talks
Combating Idleness and Deprivation
How China can be a model of food sustainability for the developing world
Kyoto II – Is it a Done Deal?
A meeting of the two largest economic powers
Why China will experience a 'soft' landing
Beware of superstitions
The Elephant and Dragon move ahead
G-7 target on fossil fuels raises many questions
Why Battle for Net Neutrality in the US Matters Globally
China’s resurgence – the ‘normal new’
Wanted: A managerial culture that embraces cultural differences
China's early education plan a smart investment in the future
The New Normal for China and India
2014
China's infrastructure push offers a sure track to better growth
US-China climate pact a good start, but not quite enough
Rethink the human’s place in the ‘digital revolution’
China springs a carbon surprise
Infrastructure - the invisible hand in full view
Dialogue vital for survival of Iraqi nation
China must nurture a new generation of beautiful minds
Great expectations in China and India
GM Cereals – The Pros and Corns
Time to be Honest about Our Energy Prospects
Weathering the Storm of Climate Change
Making a Big Decision? Beware of Your Biases
West Deserves Better Logistics Infrastructure
Digital Currencies do Represent the Future
From 'Printed' Houses to Wooden Skyscrapers
It’s time to bail out our schools, not our firms
Solution to India’s housing shortage – print new ones!
And the most promising green technologies of 2014 are ...
Transport infrastructure key to domestic, export growth
Oil stopgaps: Not worth risking
2013
Why the US should grant Edward Snowden amnesty
May we be more optimistic!
China headed for another massive social experiment?
A dialogue that worked
Yes, politicians deserve vacations - because we benefit
NPOs, NGOs invaluable as creators of dialogue
Look closer and ask: Is America reinventing itself?
Boston bombings case underlines need for dialogue
Millennium Development Goals or own goals?
As usual it's about balance - and timing - of course
Chinese strategists make right moves for growth
2012
Preparing for tomorrow
Austerity or growth?
Japan in danger of becoming 'just a place to fly over'
Beware of the business cycle?
An inconvenient truth
Limited offer sale: Buy a country
Where did our money go?
Leading from behind - a year of elections is almost over
Driving towards a green future
Waiting for springtime
Preserve or Perish
Startlingly similar Asia policy for Obama, Romney
Globalisation remains an irresistible trend
Google has the edge in smartphone war
U.S. Braces for China's Rise
Mankind’s General Scourge
The summer holidays are over and nothing has changed!
Put the hidden trillions to work
Making sense of India’s woes and wonders
Storm in a teacup!
Let’s give bad bankers a venue to admit their sins
News is about depth, not puff or velocity
Booming India, but too few toilets
Delayed Court decisions doesn't mean one may continue to play 'Great Game'
We need media to reflect on data and offer public a balanced view
Big polluters can lead in forging common purpose
The weighty issue of choosing a leader
EU-India Relations - Facing similar challenges
Educating with a goal
The Judicial Malaise
We are growing out, but not growing up
EU´s retrenchment enigma
Urbulence in the Eurozone and the effect on SMEs
Skolkovo May Help Russia to Diversify
Make things more effective
Tapping into the Commonwealth connection
Innovative models for public finance
Facebook revolution but Indian style
The feel-good factor
Asian investors - a private equity opportunity
India needs to be taller and stronger
China´s low sales volume...
Nations playing leapfrog
Shafts of sunlight
What webs we weave
As performers go to Davos, the circus steals the show
Can we control the politicians?
 
2011
Europe’s reminiscence
China firms should go for win-win in overseas ventures
Of procrastination...
Making sense of profiteering
Truth about financial mess must be laid bare
Small is also beautiful
China can help Europe with debt crisis
Excising the cancer of global corruption
Education, a critical asset
Arab uprisings set in motion forces of creative destruction
A new era of change
We must ensure better education for all
Beijing wary of bankrolling a lost cause
Asean's re-emergence as a local and global leader
Why India's Role in the Global Economy is Still Work in Progress
Its the leadership, stupid!
Reverse globalisation: The new buzzword
Tapping into the Commonwealth connection
By Frank-Jürgen Richter
London Loves Business, March 15, 2012
 

Dr. Frank-Jürgen Richter outlines the benefits of doing business in the Commonwealth and analyses the resources available to London businesses In these turbulent times of global economy, trade and investment are fundamental to strengthen the British economy.

Historically, the UK has always been one of the most vibrant trading countries. Commonwealth is the closest connection to the British businesses. Its origin lies in the imperial legacy and the term was coined way back in 1884. It comprises of the territories that were formerly in the British empire.

The common Commonwealth charter ensures that these countries have a common framework of values that include promotion of good governance, the rule of law, and free trade - among others. This gives an excellent framework for doing business.

English is a language which is used and followed across the Commonwealth states. Most of the local laws are also derived from British law. These states are natural markets of cooperation. Businesses from the UK will be at home in these countries with even the road traffic moving the right away!

You can also see reflections of British culture. Cricket remains a popular game with almost all these countries. Such is the bonding that even the diplomatic missions between these countries are called High Commissions instead of Embassies.

Commonwealth countries include developed economies such as Australia, Canada and Singapore, and emerging economies such as India, South Africa, Malaysia and others. There are also countries that hold immense promise including Kenya, Nigeria, Brunei and Bangladesh.

It gives British companies far greater access to the countries that account for over 40 per cent of WTO membership and a combined GDP of over $10 trillion. There is over $3 trillion of trade between Commonwealth countries every year. Fifty per cent of the Commonwealth countries export more than 25 per cent of their total exports to other members, presenting an inherent strength in doing business together.

There is also a huge growing consumer market with the middle class in the group expanding by over one billion people in the past two decades.

While there have been several initiatives within Commonwealth, trade was not an area of focus. Only in 1997, Commonwealth Business Council (CBC) was constituted. CBC has opened opportunities for greater cooperation between business and government to enhance trade and mobilising investment. There is an immense increase in interactions that will lead to greater business opportunities.

There are also several organisations that are focused on developing businesses between individual countries that are Commonwealth members. For example, UK India Business Council is playing a pioneering role in helping British firms do business with India. There are plenty of resources available that British companies can take advantage of.

Only last year in February 2011, Secretary of State for Business, Innovation and Skills presented a paper entitled Trade and Investment for Growth to the parliament. The paper laid out the Government´s plans to encourage exports from the UK, enhance inward investment, and strengthen international trading systems. It also talked about the strength of the Commonwealth and the scope to develop this further to help UK firms compete.

On its one year anniversary, Minister for Trade and Investment Lord Green said: "Encouraging businesses to export more is at the very heart of our approach. We need to ensure business, especially our small businesses, have all the tools they need to flourish, that we strengthen and improve our relationship with trade partners around the world, that we fight protectionism and ensure poor countries can benefit fully from free and fair trade." He added that they have been able to lay much of the necessary groundwork and have made some real progress. Lord Green revealed that the focus will be on a long-term approach.

This strategy has started giving dividends with a strong focus on boosting international business. With the government´s support, businesses have secured over £800m of high value opportunities overseas in the past one year.

It has also helped over 20,000 SMEs to break into new, international markets. There are also new initiatives including export financing and better relationship management that will go a long way in expanding trade.

Commonwealth remains an ever-expanding place of opportunities for British companies. This is a great time for doing more business together.

Dr. Frank-Jürgen Richter is founder and chairman of Horasis (www.horasis.org), an independent international organisation committed to enacting visions for a sustainable future.


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