The Export Administration Regulations (EAR) require companies to report any boycott requests they receive on a quarterly basis. Not sure what's considered a "boycott request"? Here are five example questions you could include in your process to check for any such requests. Do I know of agreements to refuse or actual refusals to do business…
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Customs and Border Protection (CBP) recently announced the signing of a mutual recognition agreement and a Customs Mutual Assistance Agreement (CMAA) between Singapore and the United States, effective as of December 1, 2014. A mutual recognition agreement between the United States’ C-TPAT program and another country’s customs program—in this case Singapore’s Secure Trade Partnership (STC)—certifies…
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Promote a pro-compliance culture at your company with this free poster, courtesy of the Bureau of Industry & Security. The poster reminds staff of the need to be vigilant when dealing with export transactions, eluding to questions that should be asked as part of a red flags check. We've added form fields to the poster…
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Customs and Border Protection (CBP) recently announced the establishment of a mutual recognition agreement between Mexico and the United States, as of October 17, 2014. A mutual recognition agreement between the U.S. C-TPAT program and another country—in this case Mexico’s Tax Administration Service (SAT)—certifies that the foreign customs program’s requirements and regulations are similar to…
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This event has been canceled and will be rescheduled for another date. MGTA's Robert Stein will speak on November 19 at a half-day seminar on import compliance at the Comfort Inn & Suites in Watertown, NY. The seminar is sponsored by Jefferson County Economic Development and Mohawk Global Trade Advisors. Importing 101 November 19, 2014…
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By Jim Trubits Astute importers and exporters can benefit from the numerous duty avoidance, deferral, and recovery programs offered by U.S. Customs & Border Protection (CBP). Temporary Importation Bonds (TIB) are a great way to avoid paying thousands of dollars in duty. Here’s how it works: Under certain conditions, goods are imported into the U.S.—for…
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By Mike Frail, Senior Advisor As if export control reforms weren’t enough of a burden, U.S. exporters now have their plates pretty full with various sanctions imposed against Russia. U.S.-Russia relations have been strained since the annexation (or occupation) of Crimea, rebel fighting in eastern Ukraine, and the tragic downing of Malaysian Flight MH17. These…
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Due to a recent increase in the number of sea carriers found transporting wood packing material (WPM) that violates WPM standards—primarily while crossing the Mediterranean Sea—Customs & Border Protection has released a bulletin reminding importers to work to ensure that any WPM used has been effectively treated to prevent the introduction of invasive pests into…
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By Jim Trubits Many international buyers and sellers fail to recognize the positive financial outcomes that can be gained from a well thought out Incoterms strategy. Your methodology need not be complicated. It can be as simple as having a solid understanding of the role that risk plays in each Incoterms rule. Before expanding of…
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If my product is made in U.S., doesn't it automatically qualify for NAFTA/other free trade agreements? It is not a given that your product will meet one of the rules of origin that would allow it to qualify under a free trade agreement (FTA). Each FTA is designed to offer importer benefits for products that…
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