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5 Things You Need to Understand about Customs Bonds
What are Customs bonds? Essentially, Customs bonds serve the purpose of insurance. They ensure that the US government will receive payment in the form of taxes and duties for the imports that you make. Customs bonds are just called “bonds” in the trade industry. Why should an importer have one? However, there is a popular...
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Is Pre-Export Screening the Future of Border Management?
Customs authorities had adopted the practice of screening international cargo, as it arrived in the country, compared to having the cargo pre-screened, before it leaves the country from where it is being exported.However, Technological shifts and changing paradigms, have led to the emergence of issues that pose a threat to...
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