Standard Owner Benchmark - Bolivian Institute of Foreign Trade (IBCE)

By CommonShare

Bolivian Institute of Foreign Trade (IBCE) is a government entity that promotes the country's exports and attracts investment to Bolivia. IBCE provides a wide range of services to companies, including market research, export promotion, investment attraction, and training in international trade. IBCE also administers Bolivia's export financing program and provides export insurance.

IBCE's export promotion activities include organizing trade missions, participating in trade fairs, and providing market information. IBCE also runs an export financing program that provides loans and guarantees to Bolivian companies exporting goods and services.

IBCE's investment attraction activities include promoting Bolivia as an investment destination, assisting companies with the investment process, and providing information on incentives and other support available to investors.

IBCE's training activities include providing courses on international trade topics such as market entry strategies, export financing, and customs procedures. IBCE also offers an internship program that gives Bolivian students the opportunity to gain practical experience in international trade. Buyers and sellers of goods will obtain the products of IBCE with quality and international standards in order to stand out in the global market and be satisfied with their customers. IBCE provides sustainable service to all its beneficiaries to become the national and international market reference.The benefits of the sustainable serviceIBCE provides the following benefits to its sustainable service providers:- Quality products at a fair price- IBCE is a reliable supplier- IBCE is an innovative and efficient provider- IBCE is a socially and environmentally responsible providerWhat does the IBCE do for its sustainable service providers?The IBCE provides the following for its sustainable service providers:- Certification of products according to international standards- Training of human resources- Implementation of efficient processes- Responsibility for the environment-Strengthening the productive chainsCertification of products according to international standardsThe IBCE certifies the quality of the products through an external certification body, which guarantees that the products comply with the international standards.

Overall Rating

1.4
Under-Performing

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.
Bolivian Institute of Foreign Trade (IBCE)
Bolivia
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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.