Trade and Logistics
Letters of Credit are the primary instruments for assuring payment of goods sold internationally. Letters of Credit are issued under the Uniform Customs and Practice standard and can be negotiated by over 30,000 banks worldwide. This web session is designed to provide attendees with an end-to-end understanding of the L/C (letter of credit) process. From the beginning of a contractual agreement, through the ..
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..
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 ..
Having a solid understanding of applicable regulations is not only legally required, but it can also offer your company tactical and strategic advantages. Preventing fines, penalties, and potential loss of import privileges will keep your business running smoothly, efficiently, and at the lowest cost of operation. Knowing, understanding, and applying the subtle areas of trade compliance and global trade man..
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 ..
For Existing Procurement Offices Review What Is Working and What Isn't Working in Your Current Environment...Ask Customers That You Service to Provide Feedback or a Formal Customer Satisfaction SurveyMeet With Current Stake Holders That Use Your Procurement Documents in their WorkflowMeet With Outside Control Agencies or Departments that Impact WorkflowBased on the Feedback Lay out an Implementation Plan th..
In my experience as a trade lawyer for the past 38 years and a licensed US Customs Broker, INCOTERMS are increasingly used and equally increasingly misapplied and misunderstood. As an exporter to the US, failing to use the best Incoterm can cost your company greatly; such as selecting an Incoterm to cover the transaction which does not specify which party is to obtain cargo insurance, not having the e..
The President’s recent tariff actions raise a number of significant issues for Congress. These issues include the economic effects of tariffs on firms, farmers, and workers, and the overall U.S. economy, the appropriate use of delegated authorities in line with congressional intent, and the potential implications and impact of these measures for broader U.S. trade policy, particularly with respect to the U...
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..
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..
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 with in order to meet the Modernization Act agreement. Lastly, it explains what local g..