As we all know, the Union Customs Code (UCC) changes are going into effect on May 1, 2016. We at Tradewin have had our ears to the ground waiting for the latest updates on these changes and how they may affect customs programs and procedures, such as Authorized Economic Operator (AEO) status.
From what we have learned, the UCC will have a big effect on EU traders.
Under the new UCC, AEO licensing and the Binding Tariff Information process will be among the first changes implemented.
Topics: Europe, AEO, Export Consulting, Import Consulting
Most of us have heard of the terms “sanctions” and “embargoes”. They are often used interchangeably, but they are quite different.
Trade sanctions target specific types of transactions, as in a prohibition to sell arms to a specific business, country, government or regime. An embargo represents a complete prohibition of all trade activities between countries.
Sanctions and embargoes are political tools used throughout the world.
Topics: Export Consulting, Import Consulting
I used to live in the USA. I spent a year in Corvallis, Oregon when I was ten years old. I remember it as one of the happiest times in my life, except for being confused about my national identity. Most of my elementary school classmates thought that I was from North Korea. This is not surprising since the North Korea nuclear issue had been surfacing at that time during George H. W. Bush’s presidency. North Korea is still a frequent topic on the famous American TV show, Conan, to this day.
Topics: Asia, Free Trade Agreements
Well, it’s that time again and even though it has been 15 years since I sat down to take “THE TEST,” it still gives me butterflies just thinking about it.
So, if you are taking the U.S. Customs Broker’s Exam on April 4th, whether it is for the first time or the fifth, I thought it would be nice to take a few minutes to remind ourselves why we take the test and what the best study tips are.
Topics: Compliance Training
I’m from Massachusetts. I grew up with snow and ice. However, I guess I have lost my edge since I have been living in Singapore for the past six years. At the moment, I am in Seoul Korea celebrating the opening of Tradewin Korea and it’s cold…! It is about 25°F (-4°C), which my head tells me is really not that cold but my body tells me differently. My boss (Boston based) says I’ve developed ‘thin blood’ living in the tropics…maybe so.
Last April I wrote a blog post, ‘Springtime in Shanghai’, celebrating the opening of Tradewin China. I thought it would be appropriate to do the same now that we are opening Tradewin Korea!
