Japan’s Banking, Insurance Markets Link SMBs To US Trade Via Amazon
“Tokio Marine will link small businesses with insurance to protect against the risk of product damaged during shipment or storage, or consumer lawsuits” reports pymnts.com. According to reports, small businesses in Japan struggle to overcome barriers like the high cost of logistics, or insurance costs to protect against scenarios like consumer lawsuits.Reports added that the companies may consider expanding their venture into other cross-border markets, depending on the success of the initiative with U.S. trade. Source: pymnts.com
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