NAFTA 2.0 – Round One of Negotiations

Posted by Jonathan Dicks on Tue, Aug, 29 2017 @ 1:33 PM

The first round of negotiation meetings of North American Free Trade Agreement (NAFTA) 2.0 were held in Washington D.C. on August 16-20, 2017. The negotiating parties convened to modernize the NAFTA agreement (implemented in 1994) at the request of the Trump Administration. Trump has repeatedly threatened to withdraw from the Agreement, unless new terms (favorable to the U.S.) are struck.

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Topics: Import Compliance, Export Compliance, Trade Regulatory Content, Free Trade Agreements

Amber Road Supports New Free Trade Agreements

Posted by Gary M. Barraco on Wed, Jul, 5 2017 @ 12:30 PM

Globalization and protectionism is driving a new business paradigm for supply chains – a vigorous international debate on the parameters of free or preferential trade. From a strategic and global perspective, Brexit could be the first wave of de-globalization and growing populism in other nations. But President Trump’s driven agenda continues to cause turbulence worldwide as other countries look to strike bilateral trade agreements rather than stay in the previous regional ones.

With approximately 500 regional and preferential trade agreements now in place across the globe, companies can benefit from the lowered duty rates and trade barriers that come with these free trade agreements (FTAs). But managed ineffectively they also pose huge compliance risks. FTA information needs to be constantly updated to ensure accurate origin determination for making a claim.

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Topics: Trade Regulatory Content, Free Trade Agreements

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

Video Series Chapter 7: Global Knowledge®

Posted by Joe Gabro on Wed, Nov, 2 2016 @ 1:45 PM

Continued from Chapter 6: Trade Compliance

Organizations buying or selling goods globally are overwhelmed with the mountain of legalese and red-tape required to establish and maintain compliance with government regulations. Language barriers and rapidly changing information add to the existing complexity of global trade.

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Topics: Global Trade Content, Trade Regulatory Content, Global Knowledge

A New Customs World in Europe - Union Customs Code in Force!

Posted by Arne Mielken on Mon, May, 2 2016 @ 2:00 PM

As importers and exporters shuffle into work today, they’ll soon realize that their professional landscape has dramatically changed forever. As of May 1, 2016, the Union Customs Code (UCC), a significant step towards the modernization of EU customs, serves as the new framework regulation for the rules and procedures of customs throughout the EU. The UCC should be seen as a natural evolution towards a modern customs environment, as it allows the EU to streamline customs legislation and procedures further and begin the final shift of 28 customs authorities to a paperless and fully electronic environment. In addition, the concept of compliant and trustworthy economic operators (AEO) is strengthened with the UCC.

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Topics: Import Management, Export Management, Global Trade Management, Trade Regulatory Content

Amber Road Receives ISO 9001:2008 Recertification

Posted by Kelsey Barker on Fri, Oct, 30 2015 @ 10:41 AM

Amber Road's proprietary process for collecting, translating, interpreting and updating country-specific trade regulations has achieved ISO 9001:2008 recertification.

Amber Road commercialized trade content under the trade name Global Knowledge®. In 2014, Global Knowledge was updated with over 13 million new records, with trade content sourced from government agencies in over 145 countries. Global Knowledge provides the intelligence to power Amber Road's GTM solutions.

The ISO 9001:2008 is an internationally recognized set of standards for quality management systems developed and published by the International Organization for Standardization (ISO). Both the ANSI-ASQ National Accreditation Board (ANAB) in the United States and the United Kingdom Accreditation Service (UKAS) independently verified Amber Road's ISO 9001:2008 compliance.

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Topics: Global Trade Content, Export Compliance, Restricted Party Screening, Trade Regulatory Content, Global Knowledge

[Upcoming Webinar] The True Meaning of Global Trade Content

Posted by Colleen Bush on Mon, Oct, 12 2015 @ 8:48 AM

With the rise of multi-national commerce, global trade is growing in importance. However, friction between borders is an obstacle that often slows the pace of trade. To ensure compliance, companies must successfully use software and global trade content in a dynamic world to adapt to these changes. This requires the use of metadata in the content and adaptive rule engines.

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Topics: Webinars, Amber Road News, Global Trade Content, Trade Regulatory Content

Our Key Compliance Takeaways from the AAEI Annual Conference

Posted by Kelsey Barker on Thu, Jun, 11 2015 @ 2:30 PM

As always, AAEI’s 2015 Annual Conference was jam-packed with updates and in-depth discussions on the current trade environment and how it affects your business. This year’s theme, “The Evolution of Trade,” examined the origins and current realities of both the U.S. and global trade climate. Amber Road sent several of our top executives, content analysts, and thought leaders to the event, and they returned with some key takeaways.

Check out our new infographic below to see a snapshot of what our executives thought was the most interesting, topical, or surprising theme at the conference. Then, scroll down to dig a little deeper into our analysis of a few top trends in compliance and global trade.

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Topics: Import Compliance, Export Compliance, Trade Regulatory Content

NAFTA Fosters South America’s Place in the Global Economy

Posted by Lisa Feroli on Thu, Oct, 16 2014 @ 2:03 PM

With the enactment of the North American Free Trade Agreement (NAFTA), business relationships between North and South America have improved tremendously.

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Topics: GTM Best Practices, Duty Management, Global Trade Content, Global Trade Management, Foreign-Trade Zones, Trade Regulatory Content, Free Trade Agreements

Missed Import Compliance Opportunities

Posted by Kelsey Barker on Tue, Aug, 12 2014 @ 5:55 PM

Trade related controls must be a part of any relationship between a company and its supply chain partners. Importers must collaborate with extended trading partners (suppliers, customs brokers, carriers, etc.) to ensure complete and accurate information accompanies inbound shipments and documents, and that other information is readily available to the parties that need it. Companies must also stay abreast of dynamic country-specific import regulations to avoid regulatory violations and penalties. Poor planning and execution leads to delays at Customs and increased costs.

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Topics: Landed Cost Calculation, Global Sourcing, Supplier Management, Import Management, Document Management, Product Classification, Trade Regulatory Content