Bilateral Ties Between U.S And Argentina

The United States and Argentina have been conducting business with each other for a long time. This partnership between the two countries is strengthened by trade agreements and various investments. These close commercial ties have created numerous opportunities for language translators to serve as interpreters at international conferences and seminars conducted by both the countries.

A Spanish translator working for The Marketing Analysts Translation Service Company based in Houston shared his experiences of interpreting at international seminars. He said that such relations between countries have created millions of jobs. The United States is one of the top five investors in Argentina and is also among Argentina’s top three trading partners. Last year, trade between the two countries reached $23 billion. The U.S. mainly exports raw materials and intermediate goods to Argentina that are used in the country’s industrial sector. Whereas Argentina supplies food products, wine, and intermediary products including pipes, tubes, iron and steel products etc.

Over time, the two countries have expanded trade which was at first limited to a few raw materials and agricultural products. The U.S is now a big exporter of machinery tools, computers and other types of equipment related to transportation and agriculture. The country which was going through an inconsistent phase as far as its economy was concerned, has now revisited its policies considering the reservations which the foreign investors had about investing in Argentina. The companies which were waiting for the dust to settle are now again planning expansions and innovations in various sectors.

Many U.S companies have Argentina included in their localization strategy. An analyst from the Houston Spanish translation of The Marketing Analysts Translation Services says that various U.S companies hired their services for website translation in Spanish. TMA assigns localization projects to in-country natives for best results. Therefore, companies localizing their website pages for Brazil were provided Portuguese translators from Brazil as there are variant dialects of Spanish spoken all over the country.

Companies who are planning to invest there in future will have to follow the marketing strategies closely for a profitable investment.  There must be a thorough research and preparation done for any kind of investment in Argentina. The research must be commodity specific and in-depth. Those doing business in Argentina do it through the local agents, therefore cordial relations with the local people are very important. Moreover, the best promotion strategy is to visit the trade shows in Argentina to attract local buyers. Such trade shows are also organized in the U.S.

It is also important to engage a competent translation company to assist you in your localization plans.

Exploring Investment Opportunities In Guatemala

Guatemala is situated in Central America, a prime location for those interested in investing overseas. With its access to both the Atlantic and Pacific Oceans, Guatemala can have trade with any Asian and European country, not to mention North America. With the recent socioeconomic developments in the country, Guatemala offers a suitable environment for foreign investments. Spanish being the official language of the country, companies considering to invest in Guatemala will need the aid of certified translators.

The economy of Guatemala has gone through some promising changes and the country offers much more to foreign investors than it has ever in the past. There have been concerned efforts on the part of the Guatemalan government to modernize its economy and take initiatives to attract more investors. Primarily an agricultural country, Guatemala has now improved its infrastructure and reduced trade barriers to modernize its economy. Guatemala has also initiated free trade agreements with the United States and its neighboring countries.

An translator from The Marketing Analysts Translation Services Company in Chicago maintained that the Houston Spanish Translation has translated a few official documents on behalf of the US and Guatemalan government. Economists are of the view that this shift in the Guatemalan economic policy and these trade agreements will play a fundamental role in the ‘promotion of direct foreign investment’. These free-trade agreements have increased the access of Guatemalan products in the international markets which is a very positive development.

On the whole, the country has become a good place to invest. There is still room for development in many sectors. A few economic policies of the country need to be revisited. But the government has realized that in order to compete with its neighboring countries, Guatemala will have to reform its economy. Food industry, call centers, energy and oil sector, tourism and textile industry, light manufacturing , forestry and the mining industry etc are some areas which have proven to be profitable investments in Guatemala. The country’s infrastructure also needs improvement. Guatemala needs to build roads, railways and new ports which will contribute towards the country’s development.

New investors planning to invest in Guatemala will face the language barrier. We advise you to hire a reputed Spanish translation company like The Marketing Analysts Translation Service Company    (www.themarketinganalysts.com) We have a bunch of professional experienced Spanish translators/ interpreters  who can assist you in all matters related to translation, localization and interpretation services.

Why Invest In South Korea?

Business and investment has no consideration of boundaries. A few decades ago, trade was the primary business dealing between two countries . But now things have changed and the trend of setting up global companies has increased to a considerable level. Investors are exploring new horizons for investment. The flow of a major portion of international investment is towards the oil producing countries and the African countries. But South Korea with its booming economy has also become a major attraction for the foreign investors. A Korean translator working for The Marketing Analysts Translation Service Company said that there are many opportunities awaiting for Korean translators in the near future.

The South Korean economy is growing at a very fast pace with the country having become the seventh largest exporter in the world. The financial experts view investors’ decision of investing in South Korea as a very wise move for the country has a stable economy. Not only is South Korea a stable economy, its economic growth is expected at a rate of 3.9 % and more in the upcoming years. Investing in any region demands a deep analysis of its political situation. Though South Korea is now included in the list of developed nations, its rift with North Korea is something which ought to be considered before investing capital in the region.

The country’s major exports are electronic equipments and cars. Hyundai, LG and Samsung are some of the leading South Korean companies manufacturing cars, automobile parts, cellular phones, laptops, tablets, ipads and smartphones. South Korea relies much on its exports which keeps the economy of South Korea in motion. Some companies in South Korea are listed as ETF’s in the United States and the European Union. Though this exchange-traded fund is not operating on a very large scale and not many South Korean companies are involved in it.

Foreign investors can also invest in South Korea’s energy sector as it is flourishing. South Korea mainly produces power through nuclear energy and also assists other countries as well with its nuclear technology used in power production. A Korean translator working for the Miami Translation Services of The Marketing Analysts Translation Services says that he has  translated many business documents for investors having invested in South Korea. He has been carrying out English to Korean translation and Korean to English translation for over a decade now.

ishares MSCI South Korea Index Fund (EWY) is the leading South Korean exchange traded fund with many famous companies and corporations enlisted with it. With the country’s present stability and fast growing economy, it definitely will be a good bet for foreign investors to set up their businesses in South Korea. Although the outcome may depend chiefly on the sector in which one has invested his money.

Why Do We Aspire To Communicate Cross-Culturally?

One may ask why people communicate with each other and what is the purpose behind cross-cultural communication? Why is language translation important and why do we need translation services? We will try to find out the answers to all these questions in this article. Firstly, communication, especially cross-cultural communication enables us to learn about the other person and his cultural values. Because in cross-cultural communication we are mainly interacting with strangers. But one faces many hurdles in cross-cultural communication, among them language barrier is the foremost. To overcome this obstacle, we have many translation services companies.

Sociologists have proved through their studies that man is a “social animal” and communication with others satisfies a great many of our needs. It gives us a sense of power, provides us with affection, attention and love that we need as humans. But apart from benefiting individually, communication also benefits nations. Trade agreements, foreign investments and other mutually advantageous transactions between countries cannot take place without communication. All the recent trade agreements between America and China required Chinese to English translation and vice versa. Certified translation is needed by the governments to proceed in agreements with other countries. We have many occasions where reputed companies like Chicago translation services and Cincinnati translation services have played a viable role in translating official state documents.

Anthropologists, historians and sciologists also agree on the point that communication has its other uses too. For instance, communication establishes personal identities. When we communicate with others, certain things about our own personalities dawn upon us. Whether we communicate individually, or in a group or on a national level with other people outside our circle, we are always defining and determining our own identities in the process. This is how we spread our religious and cultural ideologies across the border. Contact with an analyst from the marketing analysts helped us know a lot about how translation plays its role in establishing personal/cultural identities. A country’s literature and writings are a good way to delve deep into its culture and customs. So we can say that literature defines a country culturally. And translations of those literary works are an insight into the culture of a country.

Lastly, communication is the only way to influence others. It maybe verbal or non-verbal communication. But without any communication, we cannot leave any positive or negative impact on people. A teacher influences her/his pupils by communicating with them through his/her lecture. Similarly a businessman sells his produce by persuading others to buy it, explaining them the utility of his commodities. Every day we communicate with other people and influence them in some way. Scholars have declared communication as an “instrumental goal” which we use in order to “get others to behave in ways we want.”

All these above purposes are achieved when we communicate with others. Without communication there would be no distinction between humans and animals. Even this isn’t a right comparison because animals also communicate in their own way. So every living being needs to communicate within its environment. With humans, this communication takes place on a much higher level. And communication, language and translation are all interconnected.

The Obstacles To Foreign Investment In Brazil

Examining the role of China

It is to be admitted that the Latin American country has faced multitudinous economic challenges over the past few years. The listless economy of the country has been troubling the local and foreign investors alike. China has proved to be a good economically for Brazil, lending money to the Brazilian government in times of need. China has not only been lending money to Brazil but to other Latin American countries as well and the sum exceeds the loans sanctioned by the World Bank, Inter-American bank and the US Import-Export Bank together. But the Chinese government has definitely been operating on the assurance of repayment in the form of raw materials and natural resources of the region. This economic condition does nothing but adds to the already existing dependency of Brazil on developed countries. Although China has helped Brazil a great deal when the other European countries were battling the effects of a world economic crisis, there is a hint of resentment among the executives of Brazilian foreign trade and investment promotion agencies about the Chinese exploitation of the region’s resources. They want to be the owners of their own development and do not want their economy to be usurped by some other country. But it would be wrong to paint an altogether bleak picture of Brazil’s economic sector. Foreign investors including Chinese and North American companies are still investing in Brazil, though not in very great numbers. Jobs for translators have been created as a result and translation service companies are capitalizing on it.

The obstacles to foreign investment 

Brazil is facing obstacles in terms of attracting foreign investors in great numbers. Firstly, the investment climate of Brazil is not highly conducive for foreign investors. The Brazilian government takes no pains to facilitate the foreign companies as such. The taxation framework of Brazil is complex which is discouraging the foreign as well as Brazilian investors. Secondly, the labor costs in Brazil are quite high and there is a shortage of skilled workers which is a great challenge for newly established enterprises which are in need to hire staff. A third impediment is the high cost of utilities in Brazil which makes it practically impossible for the investors to manufacture products at a low cost. These are  the snags which the Brazilian government needs to overcome, to make the investment climate more conducive for investors. The current investment rate is not very outstanding. But Brazil is a good market for Portuguese translators because foreign investment cannot be proclaimed as completely non-existent in the country.

How to overcome the obstacles

The government of Brazil has taken some initiatives to facilitate investors. The cost of electricity in Brazil was the highest in the world but now the government has reduced it to some extent. The government is also trying to attract qualified foreign professionals from other European countries to come and work in Brazil. This measure is taken to meet the demand of skilled professionals in the Brazilian industry. The newly launched concession programs by the government are going to resolve the problems of infrastructure to some extent. This is also going to reduce the number of trucks on the roads because people will have other alternatives to travel. Air pollution and other environmental concerns are a big challenge for the country. It is hoped that in the coming years, investment climate of the country will change which will create more jobs for Brazilians and will pave the way for translation services firms to do business in Brazil as the demand for their services shoots up. The future of Brazil is promising and the investors need not shrink from the idea of investing in Brazil.

What a Bullish Construction Sector in Asia Means for Translation Workers

shanghai-world-financial-centerOn the basis of a discussion by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the region is regarded as a potential destination for investors in the construction industry, with the Asia-Pacific region becoming a major base for global economic recovery. Saudi Arabia is the largest construction market in the Middle East, while Qatar is the fastest growing construction market because preparations are under way in Qatar for the FIFA World Cup in 2022. Experts think the construction sector in the Middle East is likely to be enhanced by various infrastructure investments which, in turn, is likely to open up lucrative opportunities for translators.

For Tagalog, Japanese, Korean, Vietnamese and Chinese translation workers, a bullish construction sector in Asia, particularly in the energy sector, means growth. Among member-countries, strategic collaborations should be encouraged to stay in touch with the rapidly growing construction market worldwide. Major expansions in global construction are expected in the Asia Pacific, where various investment opportunities exist, especially in the Philippines, a major center of business and leisure in Southeast Asia.

With such a market comes a demand for various kinds of translation services. Financial and economic translations cover a wide range, from stock exchange analysis to business communication, to compulsory research, to economic surveys, to checking for compatibility. Translators in these markets are in high demand for supporting critical interactions.  However, they must know and understand economic and stock exchange mechanisms. This dual aspect of linguistic and technical competence is primarily achieved by acquiring knowledge and awareness of these markets. Accountants and analysts have gone into translations even when some documents are technically highly advanced.

Construction-in-ChinaTranslation is a specialization tool par excellence which makes systematic documentary research possible through the progressive compilation of glossaries. A bullish construction market requires specialization of the technical aspects of the market, semantic issues and terminology involved in the dealings between the provider and the client. Translation is an important step when it comes to financial communication. Other than the legal obligations, the objectives of financial communication are numerous. Translators are required to analyze the financial documents and contracts, improve assessing of the title, convince and retain institutional and individual investors, and increase the presence and reputation of the company.

The translator in such markets must present financial information through analysis, reports and press releases. The financial translations should support the aims of the principal stakeholders and convey the purpose and meaning of the interaction in a language everyone involved can understand. The unique workflow, including quality control and accountability, followed by translators ensures consistent efficiencies and successes.