What You Should Know About Export Requirements for FDA Regulated Products from the US to Foreign Countries
This training will provide an in-depth explanation of FDA-Regulated Products that were exported from the United States to Foreign Countries. Also, it will address what export documentation must be used in the transportation of FDA-regulated products. Then, it also will discuss the FDA procedures that exporter must comply to in order to meet the Modernization Act agreement. Lastly, it explains what local gov..
Foreign-trade zones (FTZs) and bonded warehouses are two of the most effective tools for manufacturers and importers to avoid, reduce or defer duties. An FTZ is a geographical area in a US port of entry, where merchandise can be loaded, handled, stored, manipulated, manufactured, and exhibited, without being subject to Customs duties. Duties are only accessed when the merchandise is taken out of the FTZ or ..
Companies are facing an ever more increasingly complex environment coupled with increasing marketplace volatility. This is causing companies to strive to be more flexible and responsive by streamlining both planning and execution. In addition, companies are attempting to conserve the use of their valuable resources. Instead of investing in products prematurely that then creates an inventory that may not be ..
1. This is a Business Relationship a. You are representing your Company or Agency b. You’re First Priority should be to look out for the best interests of your Employer c. Your Vendor will be looking out for their best interests d. Avoid getting into a personal relationship with your supplier or their representative2. Coming to Terms with your vendor a. Make..
Non-tariff measures (barriers) are generally defined as policy measures other than ordinary customs tariffs that can potentially have an economic effect on international trade in goods, changing quantities traded, or prices or both (UNCTAD).Areas Covered Non-Tariff Barriers definition and objectiveDifference between a Direct and an Indirect NTBDirect NTB’s established by the Mexican ..
Government regulations are always in a stay of change and it is important for companies to be aware of those changes as well as current regulations on export procedures and documentation to be compliant and avoid penalties.This webinar will assist U.S. companies who export commercial shipments around the world by providing most current information on: Export procedures & regulations required..
Manufacturing in Mexico as a maquiladora under the IMMEX program (formally known as the Maquiladora Program) can offer tremendous benefits for virtually any foreign manufacturer, especially those selling into the North American market. Established in 1965 by the Mexican government as a way to reduce unemployment along the borders, the maquiladora program offers foreign companies easy access to inexpensive l..
US Customs law dates back to 1879 and was far less burdensome, legally, on the US importer until 1993. Under current law, the US Customs Modernization Act, the US Importer is now mainly responsible for adherence to all US Customs laws and regulations. While Customs calls it a “shared responsibility”, the burden is on the importer to “exercise reasonable care”. In this session, we’ll discuss the basics of a ..
Participants will learn the basics of the Export Administration Regulations, the mechanics of export classification and apply the rules to their products. They will understand that there is more to exporting than just shipping a freight container across a border into another country. The webinar will explain what an export is and what procedures must be implemented and followed in order for their compa..
All countries regulate the movement of goods across their borders. In most countries, this activity, for both import and exports, is governed by a Customs Agency or Customs Service. Beyond compliance with Customs laws and regulations, products, software, and technology for potential export are also government-controlled if they have the potential to pose a threat to national security, provide a potential co..
Participants will learn the basics of U.S. Customs laws and how to develop a Customs compliance program at their company. Participants will learn and apply the mechanics of classification of how to classify their products.The program will discuss all the key elements of a solid import program. The participants should be able to return to their office and enhance their import compliance program or develop an..
Taking best advantage of laws and regulations and applying them to your company’s supply chain will offer its own rewards. Often the parties responsible for trade compliance have a difficult time explaining the importance of their role as they cannot prove a negative (“Look, we DIDN’T get a fine; See, we didn’t have our import privileges revoked; etc.”) but here is an area where global trade management prof..
The U.S. Government requires exporters to be familiar with export laws and regulations as well as documentation for a number of different reasons, including national security, control of products in short supply, compiling export statistics, administration of export laws, protection of endangered species, and to protect U.S. export markets by ensuring product quality of specific exports.Exporting from the U..
All countries require that a lawful value be declared for imports and exports. The regulatory framework for these lawful declarations is complex and at times conflicts with other pertinent bodies of law, notably tax requirements.Further, the penalties for material errors in these declarations are significant, often in the multi-millions, and, with recent trends in litigation, having pierced the corporate ve..
Market disruption, especially in the retail marketplace, has been a growing theme for a long time and Amazon has been viewed in the marketplace as the ‘Great Disruptor’. While this is true from the perspective of vision and services that have changed the way consumers shop. From another perspective, the ‘Great Disruptor’ is really the consumer lifestyle and changes driven by the economy and technology..