This week, RUNTONG held a comprehensive training session led by experts from China Export & Credit Insurance Corporation (Sinosure) for our foreign trade personnel, finance staff, and management team. The training focused on understanding the diverse risks faced in global trade—ranging from exchange rate fluctuations and transportation uncertainties to legal differences and force majeure events. For us, recognizing and managing these risks is essential to building strong, long-term business relationships.
International trade is inherently unpredictable, and both buyers and sellers must navigate these challenges. Industry data shows that trade credit insurance plays a significant role in protecting businesses worldwide, with an average claims payout rate of over 85% for insured incidents. This statistic highlights that insurance is more than just a safeguard; it’s a valuable tool for businesses to weather the inevitable uncertainties of international commerce.
Through this training, RUNTONG is reinforcing its commitment to responsible risk management that benefits both sides of every trade partnership. Our team is now better equipped to understand and address these complexities, fostering a balanced approach where awareness and prevention are integral to sustainable business practices.
At RUNTONG, we believe that mutual understanding of trade risks is a cornerstone of successful, long-term partnerships. We encourage both buyers and sellers to approach trade with a shared commitment to resilience, ensuring that each step we take together is grounded in trust and foresight.
With a knowledgeable and proactive team, RUNTONG is dedicated to working with clients who value stability and shared prosperity. Together, we look forward to building a future of secure and rewarding trade relationships.
Post time: Nov-13-2024
