Thursday, 18 November 2021 01:25
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The very word ‘ex-ports’ and its widespread practice implies findings ways to get it off your port. With little concern about what happens thereon, other than getting paid!
Such exporters tend to get the ‘commodity treatment’ by the importers. Many developing nations suffer from this ‘commodity trap’.
Instead, find ways to be an integral part of a global value chain. This requires strong capabilities in R&D, demand sensing and supply chain relationships.