The US-Indonesia seafood export trade faces various challenges, including regulatory compliance, payment disputes, and logistical issues. Non-payment in this trade can have serious implications for exporters, leading to financial loss, reputation damage, and legal implications. To mitigate the risks of non-payment, strategies such as due diligence on buyers, contractual safeguards,…
Day: December 7, 2023
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Addressing Non-Payment in US-Indonesia Seafood Export Trade
The US-Indonesia seafood export trade is a significant economic relationship that faces several challenges, particularly in the area of payment processing. Non-payment issues can have far-reaching implications for trade relations between the two countries. In this article, we will explore the impact of non-payment and strategies for mitigating the associated…