Russia’s admittance into the World Trade Organization (WTO) last month signifies a significant opportunity for U.S. exporters, but only if Congress passes permanent normal trade relations (PNTR). Establishing PNTR would be one of the most significant steps in US-Russian commercial relations since the Cold War. However, failure to normalize trade relations would allow Russia the right to deny the U.S. the full benefits of its trade reforms, causing a serious disadvantage for U.S. exporters.
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Topics:
GTM Best Practices,
Global Trade Management
On Monday the United States filed a complaint with the World Trade Organization against China for its alleged use of unfair subsidies to boost exports from its auto industry.
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Topics:
Export Management,
Global Trade Management
Time is running out to take advantage of Amber Road’s special rate at the beautiful Fairmont Hotel for eVOLVE 2012. Book by Wednesday, September 19 to receive our group rate of $299 a night. Don’t add a commute to your eVOLVE 2012 calendar—book today!
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Topics:
Global Trade Management Software,
Amber Road News,
Global Trade Management,
Events
Ongoing export control reform is bringing about some major changes for exporters, particularly because pieces, parts and components from the U.S. Munitions List (USML) will be migrating to the Commerce Control List (CCL).
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Topics:
Webinars,
Amber Road News,
Export Management,
Export License Management
After talks broke down between the International Longshoremen's Association and United States Maritime Alliance (USMX) on August 22, industry analysts worry that ILA workers may go on strike once the contract expires on September 30. The ILA represents dock workers all down the East Coast, the Gulf, and the Great Lakes, and World Trade 100 estimates that a strike by the organization could cost over $200 billion this peak shipping season.
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Topics:
Carrier Selection & Booking,
Transportation Management,
Global Trade Management
The Trans-Pacific Partnership (TPP) began as a small trade agreement between four Pacific nations, but has evolved into a highly influential FTA that, at this stage of negotiation, involves 11 countries and has invited several others for inclusion. The agreement offers a range of benefits for all nations involved, but integrating the very different economies of East and West may be more difficult than expected.
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Topics:
Duty Management,
Global Trade Management,
Free Trade Agreements
The US Securities and Exchange Commission (SEC) has proposed regulations that require US and certain foreign companies to report the use of “conflict minerals” from the Democratic Republic of the Congo (DRC) or adjoining countries in their products.
Conflict minerals are mined under conditions of armed conflict and human rights abuse. Areas notably affected are in the eastern parts of Africa, where various armed rebel groups within the DRC are largely responsible for using these natural resources to finance continued fighting, but neighboring countries such as Burundi, Rwanda and Uganda have also profited significantly. Conflict minerals mined in the DRC are typically passed through various intermediaries before being finally purchased.
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Topics:
Global Trade Management Software,
Global Sourcing,
Import Management,
Global Trade Management
A recent Pentagon effort to add infrared detection technology to the U.S. Munitions List has caused concern for many U.S. companies. Infrared imaging is currently considered a dual use item because it has both commercial and military purposes. Adding the technology to the U.S. Munitions List could potentially shut U.S. companies out of a global market of about $2.6 billion by 2017 in the automotive, surveillance and security industries.
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Topics:
Export Management,
Export License Management,
Export Compliance
