Top 7 Ways to Profit from Foreign Trade


Here are seven excellent ways to earn income from international trade.

1. Importing: Retail store owners can find additional products to sell from foreign manufacturers, distributors, and other suppliers. You may even decide to go exclusively into the import business and become a wholesale distributor.

2. Exporting: Manufacturers can find new customers for their products in foreign countries. You could also become an Export Management Agent. Arrange for other domestic companies to sell their products to foreign corporations and earn a commission.

3. Licensing: Consider becoming a licensing agent. Earn royalties by arranging for foreign corporations to manufacture and sell the products of domestic companies.

4. Finder`s Fees: You can earn fees from domestic companies for finding foreign buyers (or for finding suitable imports from foreign suppliers). You can also earn fees from foreign companies for finding domestic corporations that will buy their products (or for finding suitable suppliers and products from domestic corporations).

5. Drop Shipping: Visualize receiving an order from a customer based in a foreign country and not having to be bothered with shipping and handling the product. No customs declarations or brokers are required by you. This is because your drop ship supplier is handling those details.

6. Mail Order: Add a mail order service to your existing business operation. Manufacturers, retail stores, and other businesses can increase their sales by using this additional method of selling that is very conducive to international trade.

7. Internet Marketing: You can also extend your reach to worldwide customers by means of the Internet. Methods of obtaining foreign business include affiliate marketing, online auctions, online stores, and websites.

RESOURCE BOX:

J. Stephen Pope, President of Pope Consulting Inc., www.popeconsultinginc.com/">http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty-five years.

For valuable Work at Home Small Business Ideas, visit: www.yenommarketinginc.com/">http://www.yenommarketinginc.com/


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Deputy leader Simon Coveney says power cannot be given to one party in Northern Ireland

The Democratic Unionist party cannot be allowed to veto any Brexit deal on the Irish border, Ireland’s deputy prime minister has said.

Simon Coveney spoke out after Theresa May disclosed that she was considering the option of giving the Northern Ireland devolved government a veto on any proposed regulatory barrier between itself and the rest of the UK.

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Christine Blasey Ford still wants to negotiate terms of testimony, lawyers say, after meeting Republican deadline to commit

A lawyer for the woman who has accused supreme court nominee Brett Kavanaugh of sexual assault has said she is ready to testify to the Senate next week – but still wants to negotiate terms of her testimony.

Related: Kavanaugh sexual assault accusation has both parties 'on a knife's edge'

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World leaders have spent a year trying to manage their relations with the US president – but that doesn’t mean they can predict what he’ll say

The official theme of this year’s UN general assembly is “making the United Nations relevant to all people” but everyone attending next week’s sprawling summit in New York knows that one person is more relevant than others.

Donald Trump is expected to dominate proceedings.

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US cable giant wins auction with offer of £30bn, ending years of Murdoch control

Rupert Murdoch’s control of Sky is likely to end after three decades after his 21st Century Fox company was outbid by US rival Comcast, which offered £30bn to take full control of the British-based broadcaster in a high-stakes auction.

The announcement on Saturday that Comcast has emerged on top was made after both companies submitted blind bids in a highly unusual process overseen by the Takeover Panel following a two-year bidding process. Comcast bid at £17.28 per share, substantially more than Fox’s £15.67 offer.

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Children among dozens killed after assailants open fire on Revolutionary Guard event in Ahvaz

At least 29 people, including children, have been killed in a terrorist attack on a military parade in south-west Iran, responsibility for which has been claimed by both Islamic State and a separatist group.

Four assailants disguised as military personnel opened fire from behind the viewing platform during the parade in Ahvaz to mark the anniversary of the eight-year war with Iraq in the 1980s.

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Engineer found near engine of upturned vessel, which sank on Lake Victoria

A survivor has been rescued by divers from the wreck of an overcrowded Tanzanian ferry two days after it capsized on Lake Victoria, killing at least 218 people.

An engineer was found near the engine of the upturned vessel, Mwanza regional commissioner John Mongella said. The Tanzanian Broadcasting Corporation reported he had shut himself into the engine room. His condition was not immediately clear.

Navy divers resumed the search operation inside the sunken MV Nyerere early on Saturday after hearing sounds that suggested signs of life. They pulled a man out of the overturned ship and he was taken to hospital, a witness said, while bodies continued to float to the surface around the vessel.

Tanzania’s president, John Magufuli, has ordered the arrest of the managers of the ferry, which may have been carrying as many as 300 people when it capsized near the dock on the Ukara Island. The precise number was unknown, however, because the ticket-seller had drowned and the machine recording sales had not been found.

During a speech on public television on Friday night, Magufuli referred to negligence and said he had ordered the arrest of all those involved in the management of the ferry. “It appears clear that the ferry was overloaded,” he said, adding that the arrests had already begun.

The president also declared four days of national mourning.

The works, transport and communication minister, Isack Kamwelwe, said the government was sending sophisticated equipment to aid the rescue. “This equipment will increase efficiency in the rescue operation and we will continue with the search until we are satisfied that we have rescued everyone,” he told Reuters. At least 40 people were brought to safety on Thursday as dozens of security forces and volunteers wearing gloves and face masks spent the day hauling bodies into wooden boats.

Tanzanian ferries often carry hundreds of passengers and are overcrowded, and there are shifts in weight as passengers move to disembark. The Nyerere was crowded because it was a market day.

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At least eight children killed and six more wounded in blast in Shirin Tagab district, Afghan official says

At least eight children have been killed in a roadside bomb explosion in northern Faryab province, an Afghan official has said.

Karim Yuresh, spokesman for the provincial police chief, said six other children were wounded in the blast that took place late Friday afternoon in Shirin Tagab district.

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Supporters say the six have rescued hundreds of people from the sea in recent years

Judges in Palermo have ordered the immediate release of six Tunisian fishermen who were arrested by the Italian police on suspicion of enabling the smuggling of migrants.

The men were captured at sea early in September after their trawler released a small vessel it had been towing with 14 migrants onboard, 24 miles (37km) from the coast of the Italian island of Lampedusa.

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Agreement with Beijing on nominating bishops is step in Pope Francis’s bid to repair diplomatic relations

The Vatican and China said yesterday they had signed a historic agreement on the appointment of Roman Catholic bishops, a breakthrough on an issue that for decades fuelled tensions between the Holy See and Beijing and thwarted efforts toward diplomatic relations.

The provisional agreement, which was signed in Beijing by deputy foreign ministers from both sides, was described by the Vatican as “the fruit of a gradual and reciprocal rapprochement”, following a long process of careful negotiation, and subject to periodic review.

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Duncan Hutchison, who set off from New York in May, was raising money for WaterAid

A rower has been rescued off the coast of Land’s End after attempting a solo trip across the Atlantic in a homemade boat.

Duncan Hutchison set off from New York in May on his 3,500-mile journey to Lochinver, north-west Scotland. He was carrying out the journey in a 23ft wooden rowing boat and has raised more than £18,000 for the charity WaterAid.

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From trudging through snow to navigating streets with a buggy, Guardian readers share what it’s like to walk in their cities

We were overwhelmed with nearly 300 responses to our callout for your experiences of walking in cities – thank you to everyone who got in touch. Here is an edited selection.

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For three months from November 1973, the Dutch government banned cars on Sundays to curb oil consumption during the Opec energy crisis. City residents enjoyed picnics on empty motorways and got around on foot, by bike ... and on horseback

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The rules of the art of ‘following’ are simple: choose a stranger and secretly copy their route – you’ll see the city in a new light

Two days after I arrive in Belgrade, I’m being shown the outskirts of the city by a man in pink trousers. I think he must be a local: he knows exactly where he’s going, striding confidently down narrow alleys and across wide roads, showing me parts of the Serbian capital far from the beaten track.

Sometimes I have to break into a little run to keep up. But I don’t get too close, because he doesn’t know he’s acting as my guide to the parts of Belgrade that are off the tourist route – and the last thing I want is for him to find out he’s being followed.

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When residents complained the noise from a pedestrianised street was causing sleeplessness and psychological distress, city authorities reopened it to cars. Was there a better way?

Trying to walking through the pedestrian zone of Sai Yeung Choi Street South, walkers were always shoulder-to-shoulder, bumping into every other passing person. There was simply no way to avoid fellow pedestrians.

Hong Kong’s Mong Kok area – “busy corner” in Cantonese – is a sea of people, shops and chaotic energy in the heart of the city’s most densely populated district.

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Roads and venues remain unbuilt as the southern Italian city struggles to be the 2019 capital of culture

When the southern Italian city of Matera found out it had been selected as the 2019 European capital of culture, its ancient streets echoed with cheers. Thousands gathered in October 2014 to watch the announcement live from Brussels in a central piazza. “It reminded me of the day when Napoli announced it had acquired Diego Maradona,” said Daniele Kihlgren, an Italian-Swedish businessman who has invested in a hotel in Matera. “The same uproar was heard throughout the town.”

But the euphoria was quickly replaced by a sense of anxiety. “After the celebrations,” said Eustachio Nicoletti, Matera’s secretary for Italy’s largest labour union, the CGIL, “people began to wonder, ‘and what the hell are we going to do now?’”

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The deputy leader insists that the party can be unified and says MPs who oppose Jeremy Corbyn must stay and fight

Tom Watson is a peculiarity. Labour’s deputy leader is the only nonbeliever who was in Jeremy Corbyn’s first shadow cabinet and is still sitting there – much turmoil and many waves of resignations later.

This does not mean he is trusted by the Corbynites, many of whom have regarded him as a sworn enemy since the attempt to oust the Labour leader two summers ago. Yet Watson insists that their relationship is a good one. “Despite what people say. We text regularly. We talk about the kids. We usually have a lot of football talk. One thing we agree on is that we should spend less time in each other’s company at NEC [national executive committee] meetings, because the last one was nine and a half hours and it was torture.”

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Labour party deputy speaks out as poll shows 86% of members want second referendum

Labour must be ready to throw its full support behind another referendum on Brexit, its deputy leader Tom Watson says today, as a new poll shows 86% of party members want the British people to be given a final say on the UK’s future relationship with Europe.

In an interview with the Observer, Watson says that with the likelihood of a general election growing after Theresa May’s humiliation at the EU summit in Salzburg last week, it is vital the Labour leadership and membership unite to maximise the chance of dislodging the Tories from office.

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Cocaine trafficking and the battle to control land in the country’s Valle del Cauca department are forcing indigenous and Afro-Colombian people to flee their homes.

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Historic accord was announced during Pope Francis’s visit to Lithuania

The Vatican and China have signed a historic provisional agreement on the appointment of bishops.

The agreement was signed in Beijing and announced while Pope Francis was visiting Lithuania at the start of a four-day trip to the Baltic countries.

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Former border force head says he was handed a migrant boat model as a thank-you gift for work on border protection

Scott Morrison gave a model of an asylum-seeker boat emblazoned with the words “We stopped these” to Roman Quaedvlieg as a thank-you gift for his work on the Coalition’s border protection policy, Quaedvlieg has said.

The gift was a replica of one that Morrison said was a gift from a constituent, with the words “I stopped these”, referring to the fishing boats used to transport asylum seekers – mainly via Indonesia – to Australia to seek refuge.

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As schools close their doors amid the ongoing anglophone crisis, families in Cameroon are growing ever more anxious about what the future holds for their children

If Simon had the chance to tell his class about his summer holidays, the seven-year-old Simon would no doubt mention the large tarpaulin sack that for almost four months served as his sleeping bag and his magic carpet.

When the family fled their home in the town of Batibo, in Cameroon’s north west, his mother used grain bags to carry her two youngest children as Simon ran alongside. Later, out in the open jungle, all three children slept inside the bags.

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As the Gates Foundation launches its report on progress in the fight against poverty, the philanthropist talks to Polly Toynbee about the challenges ahead. Gates discusses the US president's approach to foreign aid, sharing his hopes for Trump ‘as a human being who cares about other human beings’

  • The Now generation is a series produced in collaboration with the Bill & Melinda Gates Foundation. You can read more about it here


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The philanthropist warns that stability in Africa makes a huge difference to the world, and that investing in the health and education of its young people is vital

What worries Bill Gates most? The booming population of Africa looms over his foundation’s latest global survey. By the end of this century there will be 4 billion more people on Earth – and 3 billion of these extra souls will be born in Africa. The challenge, he says, is that “Africa must almost quadruple its agricultural productivity to feed itself. That’s very daunting.”

The philanthropist is torn between sending out a message of hope and a message of fear when I meet him at his foundation’s spacious campus in the heart of his hometown, Seattle.

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Improved nutrition and access to water among factors that have added 11 years to average lifespan in a generation

People in sub-Saharan African can expect to live for 11 years longer than the generation that went before them, new statistics show.

Factors including recovery from HIV epidemics, reductions in child mortality, improved nutrition and access to drinking water have driven life expectancy from 49.7 years in 1990 to 60.7 years in 2017. The number of years children typically spend in school has also increased across the region, growing 14% over the past decade.

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Save the Children says two thirds of infants in conflict zones are not being treated for life-threatening hunger

Starvation being used as a weapon of war has become the new normal, according to Save the Children. Its analysis shows more than half a million infants in conflict zones could die of malnutrition by the end of the year if they do not receive treatment, the equivalent of one every minute.

The charity makes its own estimates using UN data, and projects that 4.5 million under-fives will need treatment for life-threatening hunger this year in the most dangerous conflict zones – an increase of 20% since 2016. At current rates, only one in three will receive treatment, and 590,000 could die as a result.

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A South Carolina congressman makes a joke about allegations facing Brett Kavanaugh and manages to belittle Ruth Bader Ginsburg at the same time

The Week in Patriarchy is a weekly roundup of what’s happening in the world of feminism and sexism. If you’re not already receiving it by email, make sure to subscribe.

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The US president will lead a crucial assembly in New York, raising fears of global backlash over Iran

In medieval English folklore, the lord of misrule was an anarchic, half-crazed clown who presided over an annual Feast of Fools. This week the UN security council, that most august and sober of international bodies, looks set to revive the tradition with its own riotous diplomatic banquet. In the chair and wielding the gavel for the first time: none other than Donald Trump, 45th US president, former reality TV host, and modern-day lord of misrule.

Trump will be in New York for the annual UN general assembly of world leaders. Some 84 heads of state, 44 heads of government and senior ministers from the UN’s 193 sovereign states are due to attend. Like other presidents and premiers, Trump will address the assembly on Tuesday. Last year he stole the show when he tore up protocol, threatened to “totally destroy” North Korea, and mocked its leader, Kim Jong-un, as “Rocket Man on a suicide mission” – before performing a dizzying U-turn this year.

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In an age of wild claims churned out by politicians, media and advertisers, perhaps people don’t care as much any more

This month, the two major online sites for reporting UFOs – the National UFO Reporting Center and the Mutual UFO Network – both documented steep drops in worldwide sightings. The declines started around 2014, when reports were at a peak. They have since reduced drastically to 55% of that year’s combined total, many UFO interest groups have folded, and numerous previously classified government documents have been disclosed.

Do these declines reveal that UFO interest is becoming a blip on the human cultural radar? Perhaps UFO and alien lore is seeming more like a reflection of human culture, tied to the space age, motivated by conquering new existential frontiers.

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The confirmation of Donald Trump’s candidate for the supreme court is in doubt after Christine Blasey Ford accused him of sexual assault

The confirmation process for Donald Trump’s supreme court nominee Brett Kavanaugh has been thrown into turmoil by accusations he committed sexual assault decades ago. Here’s what we know so far about the allegations, and their possible ramifications.

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At least 136 bodies have been retrieved from Lake Victoria in east Africa after a ferry sank on Thursday afternoon. Scores more people are feared drowned. Initial estimates suggested the MV Nyerere was carrying about 300 passengers when it capsized near the dock in Ukerewe, Lake Victoria’s largest island. At least 37 people have been brought to safety

Tanzania ferry disaster: 136 bodies pulled from Lake Victoria

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Mexico’s president-elect had to wait three hours on the tarmac of an airport runway waiting for a commercial flight to take off, after promising to sell the country’s presidential plane. In video footage posted online from onboard the delayed flight from Huatulco to Mexico City, Andrés Manuel López Obrador said he would 'die of shame' if he used 'a luxurious plane in a country where there is so much poverty'.

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The volcano sends columns of ash and smoke nearly two miles into the air. The first and largest eruption took place on Wednesday evening followed by a night-time eruption three hours later. 


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The US president defends his supreme court nominee Brett Kavanaugh from an allegation of sexual assault dating from the 1980s by calling him 'one of the finest human beings you will ever have the privilege  of knowing or meeting'


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A woman armed with a handgun opened fire at a Maryland warehouse complex where she was employed, killing three people and wounding three others before taking her own life. There are reports the woman had a work-related grievance and that the shooting started in the break room of the Rite Aid distribution center. The warehouse is in the small town of Aberdeen, north-east of Baltimore. One local resident, Colleen Hendrickson, said: 'You wouldn't think in this kind of sleepy and calm area that anything like this would happen'

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Donald Trump has hailed the result of talks in Pyongyang between the North and South Korean leaders as a sign of 'tremendous progress' in his effort to persuade North Korea to denuclearise. He said that prior to his presidency, many people had anticipated the US going to war with North Korea, but now the relationship was much improved 

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