session 4: customs procedures and trade logistics for smes

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1 UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of Crisis Beijing, China – 20-22 May 2009 Session 4: Customs Procedures and Trade Logistics for SMEs “Trade Logistics Services: Importance of Trade Logistics and Global Supply Chain for SME Competitiveness!” Regional Policy Forum on Trade Facilitation and SMEs in Times of Crisis Beijing, China – 20-22 May 2009 By James Goh Region Vice President – Asia Pacific Region International Trade Services

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Regional Policy Forum on Trade Facilitation and SMEs in Times of Crisis Beijing, China – 20-22 May 2009. Session 4: Customs Procedures and Trade Logistics for SMEs “Trade Logistics Services: Importance of Trade Logistics and Global Supply Chain for SME Competitiveness!”. By James Goh - PowerPoint PPT Presentation

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Page 1: Session 4: Customs Procedures and Trade Logistics for SMEs

1UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

Session 4: Customs Procedures and Trade Logistics for SMEs

“Trade Logistics Services: Importance of Trade Logistics and Global Supply Chain for SME Competitiveness!”

Regional Policy Forum on Trade Facilitation and

SMEs in Times of Crisis Beijing, China – 20-22 May 2009

ByJames Goh

Region Vice President – Asia Pacific RegionInternational Trade Services

Page 2: Session 4: Customs Procedures and Trade Logistics for SMEs

2UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

Outline

Introduction

The Emergence of a New Global Economic Landscape

The Reality of Globalisation

The New Global Customers

The Emerging Global Trade and Business Process

The Areas that are Important to Global Trade and the Competitiveness of SMEs

Summary and Conclusion

Page 3: Session 4: Customs Procedures and Trade Logistics for SMEs

3UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

Introduction

Trade and Investment Liberalization

Business Facilitation

Economic and Technical Cooperation

New Challenges

• Addressing the Security Agenda

• Structural Reform

• Addressing Pandemic Health Threats

• Addressing Sub-regional Trading Arrangements

• Reforming APEC

• Catch phrase – in Times of Crises!

• Within this decade – two significant crises

• The events of 911 in 2001

• The economic and financial tsunami of 2008

Page 4: Session 4: Customs Procedures and Trade Logistics for SMEs

4UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

The Emergence of a New Global Economic Landscape

• Two crises have reshaped the world.

• A New World Order has taken shape.

• Changed the global economy and the way global business is done.

• Border Protection and Homeland Security became a way of life.

• Global commerce is at a cross-road.

• Old business models and processes and strategies are being re-examined and rewritten.

• Old rules no longer apply.

• New dynamics and challenges.

Page 5: Session 4: Customs Procedures and Trade Logistics for SMEs

5UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

The Reality of Globalisation

Trade and Investment Liberalization

Business Facilitation

Economic and Technical Cooperation

New Challenges

• Addressing the Security Agenda

• Structural Reform

• Addressing Pandemic Health Threats

• Addressing Sub-regional Trading Arrangements

• Reforming APEC

- Goods and Services move across International Borders.

- Production most cost efficient.

- Economic climate conducive to FDI.

- Emergence of Cyber Economy.

- Technology, Ecommerce and Internet shifting global trade.

- Internet pushes new global economy into new frontiers.

- Goods and services move across “virtual borders”.

Page 6: Session 4: Customs Procedures and Trade Logistics for SMEs

6UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

The New Global Customers

- New set of global customers mindset.

- Meet competitive global business environment.

- Meet intense competition.

- Mass customisation.

- Getting the right product to the right place at the right time for the right price!

Page 7: Session 4: Customs Procedures and Trade Logistics for SMEs

7UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

The Emerging Global Trade and Business Process

Trade and Investment Liberalization

Business Facilitation

Economic and Technical Cooperation

New Challenges

• Addressing the Security Agenda

• Structural Reform

• Addressing Pandemic Health Threats

• Addressing Sub-regional Trading Arrangements

• Reforming APEC

- No longer business as usual!

- Old business models and processes must be re- examined and rewritten.

- Speed and predictability.

- Technology facilitates global trade.

- Borderless Trade.

Page 8: Session 4: Customs Procedures and Trade Logistics for SMEs

8UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

Areas important to Global Trade and Competitiveness of SMEs

- Develop a more resilient trade logistics and global supply chain and examine best practices.

- Be cognisant of rising risk to trade logistics and global supply chain resilience.

- Build core competencies.

- Be in “Control”.

- Build strategic partnership.

Page 9: Session 4: Customs Procedures and Trade Logistics for SMEs

9UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

Summary and Conclusion

Trade and Investment Liberalization

Business Facilitation

Economic and Technical Cooperation

New Challenges

• Addressing the Security Agenda

• Structural Reform

• Addressing Pandemic Health Threats

• Addressing Sub-regional Trading Arrangements

• Reforming APEC

- A New World Order has emerged.

- We are faced with a New Global Economic Landscape.

- Global commerce is at a cross-road.

- We must stay in tune with the emergence of a new global economic and business process.

- We must be more resilient in our business and examine the state of our best practices.

- To remain and be competitive, we must be in control of our business and continue to build on our core competencies.

Page 10: Session 4: Customs Procedures and Trade Logistics for SMEs

10UNESCAP & WorldBank Regional Policy Forum on Trade Facilitation and SMEs in Times of CrisisBeijing, China – 20-22 May 2009

Thank You !Xie Xie !