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Updated Guidance & Best Practices for Exporters & USPPI

Post April 25, 2024 Trade Translation
Updated Guidance & Best Practices for Exporters & USPPI

The Department of Commerce’s Bureau of Industry and Security (BIS) has announced an updated guidance to help define responsibilities for freight forwarders and exporters when working together to ensure compliance with US…

UPDATE: CARM Launch Delayed Until 10/21/24

Post April 22, 2024 Trade Translation
UPDATE: CARM Launch Delayed Until 10/21/24

…extension. If you don’t have a business number—import export RM account—obtain it from the CRA using Business Registration Online. The Canada Border Services Agency (CBSA) has announced that they are…

Nearshoring: Is this Trend the Solution?

Post April 16, 2024 Global News
Nearshoring: Is this Trend the Solution?

…region or continent. This allows businesses to reap the benefits of reduced costs and cultural alignment. Geographical proximity allows for simplified collaboration and communication. Businesses are looking to shorten lead…

Sri Lanka Named 3rd Best-Connected Country in the Region

Post April 15, 2024 Global News, India Center of Excellence
Sri Lanka Named 3rd Best-Connected Country in the Region

…cheap production cost, with greater emphasis on product quality and its ability to manufacture niche products. These specialties include textiles and key materials for apparel including fabric, denim, and yarn….

4/26 Deadline to Register for CARM Portal

Post April 12, 2024 Trade Translation
4/26 Deadline to Register for CARM Portal

On March 26 the Canada Border Services Agency (CBSA) announced that importers need to register for a CARM Client Portal (CCP) account before April 26.  CBSA will be shutting down the…

Canada Forced Labour Law Expanded—Determine your Risk

Post April 10, 2024 Trade Translation
Canada Forced Labour Law Expanded—Determine your Risk

…Agency (CBSA) Enforcement CBSA has wide-ranging powers under the Customs Act to enforce the import ban. Liability and risk related to the import ban extends to any owner of imported…

MSC India Initiates Feeder Service to Paradip

Post March 29, 2024 Global News, India Center of Excellence
MSC India Initiates Feeder Service to Paradip

…cost on shippers to transship through Visakhapatnam and Kolkata/Haldia ports. Odisha government has agreed to pay MSC $200 per TEU, as viability gap funding (VGF), if the volume falls below…

CARM Becomes Official May 2024: Are You Prepared?

Post March 28, 2024 Trade Translation
CARM Becomes Official May 2024: Are You Prepared?

…receivable including GST. New importers who have not submitted a request to participate in the transition period must provide their financial security at the time of enrollment. Importers that have…

10 Data Elements Added to AES 203 Report

Post March 26, 2024 Trade Translation
10 Data Elements Added to AES 203 Report

Effective March 22, 2024, the United States Census Bureau (USCB) along with U.S. Customs and Border Protection (CBP) has expanded the Automated Export System (AES) 203 Report to include ten…

EU to Ban Products Made with Forced Labor

Post March 19, 2024 Trade Translation
Forced Labor

…international organizations. Identify product groups for which importers and exporters must submit extra details to EU customs, such as manufacturer and supplier information. Under this plan, if forced labor is…

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