May 28, 2009
Thinking you can handle export compliance? Or, that your trading partners are reliable? Here’s an example of the consequences of export control violations: Atmospheric Glow Technologies and former University of Tennessee professor J. Reece Roth. July 2006: Feds start inspecting. June 2008: Company files for bankruptcy August 2008: Company pleads guilty May 2009: Prosecuters recommend [...]
May 27, 2009
American Shipper has a good article from last week: Informed Exporting. Looks like the BIS is trying to improve the amount of info available on their website for exporters. According to the article this includes online compliance training tools and information to assist exporters and a Web page where sources of publicly available information on [...]
May 22, 2009
There’s been a lot of talk about Cuba in the last few months, especially since January 20th. On April 13th, President Obama relaxed the travel restrictions for Americans going to Cuba, allowing Americans with relatives there to visit more frequently. On May 20th, Sen. Max Baucus proposed a bill to promote agricultural exports to Cuba [...]
May 21, 2009
According to the UK Telegraph, “General Motors is planning to build cars in China and import them into the United States, a strategy that could trigger further job losses and union anger in the US.” This is a topical example of ‘related party trade‘ – when one business is simultaneously importing and exporting among itself. [...]
May 21, 2009
Welcome to Trade-Compliance.Org – resources for trade compliance news, analysis, and other global trade management musings. What is Export Compliance? In case you’re just starting out or need a refresher, Trade Compliance involves ensuring your products meet the legal requirements for crossing a border. That sounds simple, but the government regulations describing these requirements are [...]
