Swiss Trade - SwissCham
Swiss Trade - SwissCham
Swiss Trade - SwissCham
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10 <strong>Swiss</strong> <strong>Trade</strong> November 2010<br />
“A big difference between the chambers<br />
of the Baltic States and others is, that you<br />
get service from one hand”, Wolfensberger<br />
points out. “The chamber representatives<br />
also service the mandates. They have<br />
to, or otherwise they would not be able to<br />
survive.”<br />
Joining the EU marked a turning point<br />
for the Baltic States and caused a boom<br />
during the years 2004–2007, but then<br />
the economic crisis hit. The Baltic States<br />
are gradually recovering from that blow<br />
and therefore offer promising conditions<br />
for market expansion at present because<br />
of low wages and real estate prices – a<br />
great opportunity also for SMEs, to set up<br />
a business base in secure EU legal conditions,<br />
with best possible access to Eastern<br />
Europe beyond EU.<br />
“The choice of the right partner is essential”,<br />
emphasises also Gabriel Taus,<br />
Director of the Joint Chambers of Commerce<br />
(JCC), unifying several CIS chambers.<br />
“You can not underestimate the<br />
value of expert advice and good chemistry<br />
between partners.”<br />
In addition to solid financing, flexibility<br />
and patience are needed in markets such<br />
as the CIS countries.<br />
“Expect your business to take twice as<br />
Managing Director Thomas<br />
Seghezzi, SABC<br />
Join the <strong>Swiss</strong>-African Business Circle (SABC)<br />
Next event: 18 November 2010, Zürich<br />
More information and registration: www.sabc.ch<br />
FOUNDING MEMBERS:<br />
Director Ralf J. Bopp,<br />
Chamber D-CH<br />
With its<br />
ever-growing<br />
middle-class<br />
it is a big market<br />
for consumer<br />
goods.<br />
long and to cost twice<br />
as much”, Taus says.<br />
Africa<br />
“Thorough preparation is<br />
crucial before entering an<br />
African market”, says Thomas<br />
Seghezzi, Managing<br />
Director of the <strong>Swiss</strong>-African<br />
Business Circle (SABC)<br />
and Managing Partner of<br />
Rainbow unlimited. “Africa<br />
consists of 53 countries,<br />
and that means 53 markets,<br />
each one working differently.”<br />
But it also means 53 prospective markets<br />
for your product.<br />
At the moment only a meagre 1.9%<br />
of Switzerland’s exports go to Africa.<br />
Thanks to the World Cup, South Africa<br />
has experienced a<br />
slight boom, but there<br />
are many less traditional<br />
markets that deserve<br />
a closer look as<br />
well.<br />
“With 150 million<br />
people Nigeria is the<br />
biggest market”, says<br />
Director Gabriel Taus,<br />
JCC<br />
Seghezzi. “And with its<br />
ever-growing middle-<br />
Doing business in Africa? Interested in exclusive networking opportunities, in sharing<br />
experience and fostering partnerships with other <strong>Swiss</strong>- and Africa-based companies<br />
and investors active on the continent?<br />
Castel Group<br />
class it is a big market for consumer goods.”<br />
One thing applies to the whole continent:<br />
There is huge potential because demand<br />
is greater than supply.<br />
“You can pretty much do anything<br />
there”, Seghezzi says. “And as far as resources<br />
go, Africa has everything that will<br />
be sought after in coming years.”<br />
In 2050 two billion people will live in<br />
Africa; that is, two billion consumers.<br />
True, Africa does not have the best image,<br />
but only success stories can gradually<br />
change that stereotype. Travel there<br />
(the chambers can set up trips for you),<br />
get your own idea of and feel for the continent,<br />
and identify the market most suit-<br />
SWISS–AFRICAN<br />
BUSINESS CIRCLE<br />
Gateway to sub-Saharan Africa