Made in America, Buy America, or Buy American: Qualify Your Goods and Increase Sales

Posted by Nick Fabretti on Fri, Mar, 10 2017 @ 1:25 PM

Are you missing out on sales to current and developing markets? Qualifying your goods as Made in America requires attention to detail and the ability to create an audit trail, resulting in more opportunities to grab market share!

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Topics: Global Trade Academy

Export Control Violation Leads to Billion Dollar Penalty

Posted by Joe Gabro on Fri, Mar, 10 2017 @ 10:15 AM

The moment you make the decision to export your products, they become subject to a wide array of controls that go beyond whether an item is permitted into or out of certain countries. Companies must be able to analyze and understand international business rules to ensure compliance with government regulations. Exporting to undesirable or restricted entities can lead to significant fines, criminal penalties, and even the loss of export privileges. But how serious of an issue is this? Really? Earlier this week we learned just that from ZTE’s record-setting export control violation.

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Topics: Export Management, Export Compliance, Restricted Party Screening, Export Violations

Global Knowledge Advance Notification Twitter Roll-Out

Posted by Anthony Hardenburgh on Thu, Mar, 9 2017 @ 9:00 AM

Amber Road maintains the most comprehensive and robust database of global trade content, government regulations, and international business rules available today. We cover over 145 countries, roughly 95% of world trade making our trade content and content management process the best in the industry. This is the secret to our success and it's what makes us the world leader in global trade management software solutions and services.

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Topics: Global Trade Management Software, GTM Best Practices, Trade Regulatory Content, Global Knowledge

American Shipper's 2017 GTM Landscape Report: Changing Trade Winds

Posted by Chester Yavari on Tue, Mar, 7 2017 @ 2:01 PM

After analyzing the global trade enviroment for decades, American Shipper has released its latest landscape report. Dive into their latest report on the ever changing policies to come in the global trade winds.

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Topics: Export Management, Export Compliance

How to Maintain Trade Compliance in a Changing Environment

Posted by Anthony Hardenburgh on Tue, Feb, 28 2017 @ 9:45 AM

If 2016 taught us anything, it’s that the global supply chain can’t expect a continuation of the status quo, and even the surest predictions can be wrong. With last year’s tumultuous end in the rear-view mirror, global companies powering ahead into 2017 must be ready for regulatory change – both the predicted and unexpected.

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Topics: Duty Management, Import Compliance, Export Compliance, Trade Agreements

What Importers and Exporters Need to Know About the WTO Trade Facilitation Agreement (TFA)

Posted by Jonathan Dicks on Thu, Feb, 23 2017 @ 3:45 PM

Billed as a “major milestone for the global trading system”, the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) entered into force on February 22, 2017. It is the first multilateral agreement concluded since the creation of the multi-country trade-focused body in 1995. The TFA negotiations concluded during the Bali Ministerial Conference in 2013, but finally went into force yesterday after two-thirds of its members ratified the agreement.

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Topics: Duty Management, Global Trade Management, Trade Agreements

EU Parliament Advances CETA

Posted by Arne Mielken on Fri, Feb, 17 2017 @ 3:00 PM

Amber Road has previously reported extensively on the Comprehensive Economic and
 Trade Agreement
(CETA). Under negotiation for almost five-and-a-half years, CETA
was approved in a close vote by the Members of the European Parliament (MEPs) on 15 February 2017. It was signed by both the European Union and Canadian representatives in October 2016, and first received a positive recommendation from the EU International Trade Committee in the European Parliament (EP) on 24 January 2017.

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Topics: Duty Management, Foreign-Trade Zones, Trade Agreements

Handling PSC, PD or Voluntary Disclosures as Part of Your Self-Testing Plan

Posted by Nick Fabretti on Thu, Feb, 16 2017 @ 11:13 AM

Today’s compliance leaders must integrate self-testing programs into their export and import processes. A self-testing program is the basis of the Importer Self-Assessment (ISA) and is an excellent tool for firms not participating in ISA.  

Self-testing programs begin with a risk model specific to the firm and may mitigate penalties from Customs and Border Protection (CBP) when properly implemented and updated.

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Topics: Global Trade Academy

Conflict Minerals Traceability Brushed Aside?

Posted by Gary M. Barraco on Wed, Feb, 15 2017 @ 2:30 PM

Every year, millions of dollars are channeled to armed rebels and insurgents and the source of these funds comes from the trade of minerals that are used in consumer goods of every type. Now known as conflict minerals, tin, tantalum, tungsten and gold (the 3TGs), are mined mostly in the Democratic Republic of Congo (DRC) and surrounding nations. The eventual sale and use of minerals originating from these countries frequently helps finance the violence and prolong the illicit working economy where civilians endure harsh conditions of armed conflict and human rights abuses.

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Topics: Global Sourcing, Vendor Management, Production Tracking

e-Commerce Impacts Global Trade: 2017 AAEI e-Commerce Benchmark Report

Posted by Nick Fabretti on Wed, Feb, 8 2017 @ 1:23 PM

e-Commerce has revolutionized business-to-consumer sales, resulting in a newly empowered consumer – one with higher expectations for the retail shopping experience. For organizations to stay ahead of the curve that is e-commerce, primary gaps must be addressed with a combination of technology, trade compliance knowledge, and automation.

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Topics: Global Trade Management