International companies must go through several banking and

International companies must go through several banking and credit approval processes to be able to sell their products outside their own countries. In the discussion for this week, we will cover some of the information related to these processes.

Please respond to all of the following prompts in the class discussion section of your online course:

When selling products to Europe, what would be the most important document or certification required by the European Union?

Refer to the Exporting to Europe and CE Marking website for information on exporting product to Europ

Solution

A company wanting to sell products in Europe first and foremost needs to have a CE marking on it to be sold in the European Economic Area since 1985. CE marking is an indictor to the consumer that the product is fit to be sold in Europe and thus the consumer will not face hassles related to quality.

The responsibility of achieving CE marking lies with the manufacturer. Manufacturer needs to keep the technical documentation ready which includes how the product was manufactured with addresses of places where product was manufactured and stored. Additionally the documents that were submitted while gettign the CE marking.

These are the important documents for European trade.