As a supposed trade expert, I am in daily contact with a variety of import and export clients. I assess compliance risk, write procedure manuals and offer advice when things go terribly wrong in the course of a client’s importing or exporting process. One particular conference call reminded me that while the vast array of acronyms and abbreviations are useful and necessary within the international trade community as a whole, they can be mystifying to folks working in logistics but not directly in trade compliance. That call went something like this...
Topics: Compliance Training
Compliance manuals are excellent vehicles to help importers and exporters ensure that they are doing everything they can to operate in conformity with the various laws and regulations under which they operate. The trick, however, is in deciding what actually needs to go into the manual.
A good jumping off point is to take a realistic look at the way your enterprise operates, and then ascertain what kinds of risk your various activities present to a regulator.
Topics: Duty Drawback, Export Consulting, Import Consulting, HS Classification, Compliance Training
