Undersea Cable Snap Hamstrings International Trade And Harm B2Bs

Undersea cable accident like the one which hit recently in the optical fiber submarine communication system of SEA-ME-WE 4 can bring international trade to its knees. That is because today businesses around the world by and large make use of the services of Business to Business (B2B) portals. Any disruption due to cable snaps or anything of that nature would inflict colossal damage to international trade and thereby would trigger a price rise in exim commodities. B2Bs are known as the state of the art vehicle global business and it is run by Internet services. B2B portals being an on-line entity provide international trade services at greater speed and cost effectiveness.

More than a decade of B2B portals existence, have drawn the attention of thousands of international traders and a majority of them utilize the services of these portals to the best effect. But incidents like the one which happened in the gulf would bring to a standstill not only international trade but also other services which depend on the Internet. In the modern world it is hard to pinpoint any interactive function which is done without the Internet. B2B portals basically help a trader to do one