TradeLane

Medical items being exported from the US to Russia, Belarus, and occupied regions of Ukraine may require an export license. The sanctions set forth under Sections 746.5, 746.6, 746.8, and 746.10 of the Export Administration Regulations (15 CFR Parts 730-774, “EAR”) are designed to include the prohibition of medical item exports that support military involvement in the ongoing conflict in Ukraine. There is a policy of denial for The Ministries of Defense of both the Russian Federation and Belarus. However, license applications for health and safety, medical, and humanitarian items destined for civilian facilities are reviewed and may be approved on a case-by-case basis.

Customs Procedures become increasingly attractive to companies with higher exposure to duties as their business grows through expansion or as they try to enter new markets. Customs Procedures can greatly reduce the duty burden on a company, ensuring that duties are paid when goods are sold as opposed to when they are brought into the European Union or simply not paid because a destination outside the Union has been found for the goods.

The introduction of the Authorized Economic Operator (AEO) program in the European Union in 2008 brought exponential growth in this supply chain security program that has slowed as it has matured and the pool of non-AEO traders has declined. That growth curve is documented in this EU AEO valid Authorizations per year chart.

Despite a somewhat sluggish global trade climate, Tradewin keeps growing! As international trade law and associated regulations change, the need for trade compliance and advisory services continues to increase at individual companies, as well as at an industry level. Tradewin will continue to invest in our network and facilities where our clients need us most.

Acquiring an authorization, or as some would say, a certification proves that you have mastered a particular ability. You have spent time studying, understanding, and developing a skill set and are now authorized to apply that skill. You work towards these certifications throughout your life -- be it your Boy/Girl Scout badges, school diplomas, or your driving license.